ICRA reviews

- It used to a wonderful organisation with a lot of exuberance and charm under the previous management. The current management is absolutely abominable with no skin in the game. The top management is only fooling the board + Moody's (parent) and carving out crores and is expected to covertly run away in a couple of years post topping up their heafty bank balances. - The IT systems are archaic and the management is not open to any advesre feedback. Recently a sub standard internal MIS has been launched with the management turning a blind eye towards repeated resistance by the core user group as the new software is not at all user friendly. - Despite people working from remote locations since the last 18 months or so, the toxicity in the company has increased significantly and has actually become unbearable resulting in very high attrition. Moreover, most of the people leaving are better performers which is expected to result in deteriorated and lower quality output in the near to medium term. A lot of the deadwood which should have been cleared long ago, remains in the company which is a demotivator for analytical fraternity at large. - A very weak performance and rewards culture which has fostered growth of undeserving people. With the high attrition, the wheels of the company can come off any moment. - Unequal distribution of work across teams. This has actually resulted in only a few teams/individuals executing bulk of the assignments and so far there has been no adverse action against the free riders - High focus on compliance aspect has taken away a lot of sheen from this job - Excessively overpaid corporate personnel in the company who hardly fulfil their office responsibilities; This has in turn acted as a demotivator for most of the workforce. In fact the company even financially rewarded a handful of people as a thank you bonus for taking the previous MD down which speaks volumes about the intent of top management and board.