Syndicate Bank Employee Reviews about "job security"

Updated 12 Mar 2020

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3.6
56%
Recommend to a Friend
64%
Approve of CEO
Syndicate Bank Executive Director Ravi Shanker Pandey
Ravi Shanker Pandey
34 Ratings
Pros
Cons
  • "Long working hours because of poor systems and no proper infrastructure(in 11 reviews)

  • "they give you a lot of rural postings(in 6 reviews)

More Pros and Cons

Reviews about "job security"

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  1. "Not good."

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant Manager in Syndicate, IN
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Syndicate Bank full-time

    Pros

    Stability and job security was good.

    Cons

    Work pressure. Mis management. Under staffed.

  2. "PSU Banks"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Manager in Kamrup Metropolitan
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Syndicate Bank full-time for more than a year

    Pros

    Job Security, Good benefits, Employee satisfation

    Cons

    Job Locations, Office culture, Old aged top management


  3. Helpful (2)

    "Asst.Manager"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant Manager in Cannanore
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at Syndicate Bank full-time for more than 3 years

    Pros

    Job Security, DA hike every 3 months and petrol allowance.

    Cons

    There are numerous Cons to mention. 1. Rural posting anywhere in India. This has lots of issues especially language barrier in reading and writing official or loan documents. 2. No work life balance 3. Branches has less infrastructure and resources. Even cash counting machines are not available in many branches. 4. No flexibility for vacation as the replacement is seldom available. 5. High risk job as anything missing will be the officer's responsibility. 6. Difficult to stay with family as there are frequent transfers. In my opinion, working in Syndicate Bank is not worth your time and effort. One can be better off working in an MNC in India or abroad. I did the same and it was the right decision and cannot be more happy about this decision.

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  4. Helpful (1)

    "Bank Work Experience"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Former Employee - Anonymous Employee 

    I worked at Syndicate Bank full-time for more than 3 years

    Pros

    1 . Secured Job 2. Satisfactory Pay 3. Career opportunities exist on promotion

    Cons

    1. Old systems 2. Unorganized Policies 3. No job rotation 4. Staff pressurized to recommend loan proposals 5. Staff pressurized to perform to achieve targets

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  5. "Manager- Risk Management"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager - Risk Management in Bangalore
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at Syndicate Bank full-time for more than 5 years

    Pros

    Good Company for Job Security Great Opportunity for Learners Young Work force

    Cons

    Public Sector Bank Policies in Promotions Frequent transfers Extended Working Hours

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  6. "Not good"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant Bank Manager in Cannanore
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Syndicate Bank full-time for more than a year

    Pros

    Secured Job Good job for people without high expectations and carry on with their life. Perfect for employees above 40 years of age

    Cons

    1. Transfers to remote rural bank in other states which does not speak your language or English. This hampers your communicative abilities with customers and make you rely on others even for basic communication. 2. Banks lacks basic essential facilities like, electrical generator, cash counting machines, etc 3. There is no email ID for bank staff. Only one email ID per branch, that too can be received and sent from the only from branch server. 4. Long working hours because of poor systems and no proper infrastructure.

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  7. "Good bank but bad management"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Senior Branch Manager in Mumbai
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Syndicate Bank

    Pros

    Job security, opportunity to learn, good training programs

    Cons

    Lack of transparency in promotion and transfer processes resulting in dissatisfied employees with bad work culture and customer service, bringing bad reputation to bank.

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  8. "branch management and credit ,recovery management"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Bank Manager in Thiruvananthapuram
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Syndicate Bank full-time for more than 8 years

    Pros

    job security ,stable livelihood,available of advances and quarters facility

    Cons

    slow career progression, and no transparency in promotion

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  9. "Worst bank from Employee's perspective"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Manager 
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Syndicate Bank full-time

    Pros

    Couldn't find anything except job security since its a govt job.

    Cons

    Highly understaffed, too much work pressure and long working hours, too much stress, worst training programme, poor infrastructure and technological issues, bad management attitude, managers put pressure to show leniency in rules and regulations, even rules and regulations are not made clear & employees have to put their own efforts, all risks are transferred to employees, employees are grilled for losses in which they have no fault. I left my private job to join this bank and now I regret my decision. I felt better, more relaxed and stress free working there, even with little job insecurity.

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  10. "Slow growth in career"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager Credit in Mumbai
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Syndicate Bank full-time for more than a year

    Pros

    Job Security, job security and only job security

    Cons

    Many like: 1. Very very low salary 2. Can be transferred any where in India and you cant be sure that you will get good work exposure everywhere. 3. Seniors mentality is what you can expect from government department. 4. No activity other than work work and work. 5. Work here only if you want job security since it is government job. 6 Very pathetic HR/ promotion policies.

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Found 12 reviews