Provider of commercial banking services created for foreign exchange and overseas banking transactions. The company's banking services specialized in foreign exchange and overseas banking operations assisting its customers with various commercial, personal and retail banking products. read more
Indian Overseas Bank Company Culture
Indian Overseas Bank Culture
This score is derived from employee ratings & reviews2.4/5
Indian Overseas Bank's Overall Culture is rated D-
Top Rated Culture Dimensions
CEO Rating
D+Leadership
D-Work Culture
FIndian Overseas Bank CEO
Bottom 25%Bottom 25% of Similar Size Companies
R. Subramaniakumar
60 /100
See More
Diversity at Indian Overseas Bank
N/A
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Anonymously Rate Your Experience & Make Work BetterWomen at Indian Overseas Bank
N/A
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Anonymously Rate Your Experience & Make Work BetterIndian Overseas Bank eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Recommend to a Friend?
N/A
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Anonymously Rate Your Experience & Make Work BetterWorking at Indian Overseas Bank
Working at Indian Overseas Bank is rated below average by 3 employees, across various culture dimensions. Indian Overseas Bank employees rate CEO Rating highest among all categories, and put Indian Overseas Bank’s culture in the Bottom 10% compared to similar sized companies on Comparably. See below in detail how working at Indian Overseas Bank was rated by employees.
Overall Company Culture at Indian Overseas Bank
D-
Overall Company Culture at Indian Overseas Bank is rated D-
Last updated months ago
Bottom
10%
Indian Overseas Bank ranks in the Bottom 10% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterIndian Overseas Bank Employee Reviews
Out of 7 Indian Overseas Bank employee reviews, 33% were positive. The remaining 67% were constructive reviews with the goal of helping Indian Overseas Bank improve their work culture.
| Positive Reviews | 33% |
|---|---|
| Constructive Feedback | 67% |
Positive Reviews From Indian Overseas Bank Employees
- What are some of the best things about your team?They can give 500% if HR policies favorable.
- What is the best part about your compensation package?Fixed salary without any monitoring of quality work done.
Constructive Feedback From Indian Overseas Bank Employees
- What would you improve about your company's interview process?Only busy with bookish knowledge.
- What's going wrong and how can it be improved?Controlling offices are busy with useless works. No proper monitoring. Gradually improved the culture of easy work / false paperwork than actual work on the field.
- What needs to change to make the company culture better?Change HR policrs at par with best bank
Indian Overseas Bank Company Information
Indian Overseas Bank Company Overview
Provider of commercial banking services created for foreign exchange and overseas banking transactions. The company's banking services specialized in foreign exchange and overseas banking operations assisting its customers with various commercial, personal and retail banking products.
Indian Overseas Bank was founded in 1937 and its current CEO is R. Subramaniakumar. Since its inception 89 years ago, Indian Overseas Bank has grown to 31947 employees.
Indian Overseas Bank Mission, Vision & Values
Indian Overseas Bank Mission Statement
To be financial service providers that ensure maximal client benefit
Indian Overseas Bank Vision Statement
Leading the sector of banking in finance
Indian Overseas Bank Values
- Well planned
- Reliable
| Headquarter | 763 Anna Salai, Chennai 600002 |
|---|---|
| Website | www.iob.in |
| Founding Date | 1937 |
| Tel | 7 |
| Company Status | Private |
Indian Overseas Bank Competitors
Indian Overseas Bank competitors include State Bank of India, Canara Bank, and HDFC Bank. Indian Overseas Bank ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Indian Overseas Bank compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Indian Overseas Bank Employees
Indian Overseas Bank has 31947 employees. 3 employees at Indian Overseas Bank have reviewed Indian Overseas Bank across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 3 Indian Overseas Bank employees give their leadership a grade of D-, or Bottom 10% of similar size companies. This includes specific ratings of their executive team, CEO, and manager.
Joining Indian Overseas Bank - Employee Onboarding
The prevailing opinion from Comparably users about their company is that it was very prepared on their first day. Employees concluded that their overall onboarding experience was positive. 73% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Indian Overseas Bank KPIs and OKRs
At this moment no Indian Overseas Bank employees have provided insight into whether or not they clearly understand Indian Overseas Bank's KPIs and OKRs.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Indian Overseas Bank Salaries
How much does Indian Overseas Bank pay?
How much do people at Indian Overseas Bank get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Indian Overseas Bank is $132,084, or $63 per hour, while the estimated median salary is $131,801, or $63 per hour.
At Indian Overseas Bank, the highest paid job is a Director of Sales at $226,981 annually and the lowest is a Receptionist at $38,212 annually. Average Indian Overseas Bank salaries by department include: HR at $124,476, Design at $115,367, Business Development at $159,044, and Communications at $103,076. Half of Indian Overseas Bank salaries are above $131,801.
1 employee at Indian Overseas Bank ranks their Compensation in the Top 5% of similar sized companies (based on 3 ratings) while 1 employee at Indian Overseas Bank ranks their Perks And Benefits in the Top 5% of similar sized companies (based on 1 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $69k | $69k | 1st Percentile |
17th Percentile $101k | $101k | 17th Percentile |
33rd Percentile $130k | $130k | 33rd Percentile |
50th Percentile $187k | $187k | 50th Percentile |
67th Percentile $240k | $240k | 67th Percentile |
83rd Percentile $269k | $269k | 83rd Percentile |
100th Percentile $301k | $301k | 100th Percentile |
$132,084*
Average Compensation
$131,801*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Indian Overseas Bank Salaries by Department
Diversity & Inclusion at Indian Overseas Bank
The Diversity score provides insights into how diverse employees feel and rate their work experience at Indian Overseas Bank across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Indian Overseas Bank Perks & Benefits
Health & Wellness
- Health Insurance
Paid Time Off
- PTO / Vacation Policy
Indian Overseas Bank PTO
Indian Overseas Bank PTO policy is a critical component of the benefits package offered to employees.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Indian Overseas Bank Careers
Indian Overseas Bank Jobs
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Frequently Asked Questions regarding Indian Overseas Bank
What is Indian Overseas Bank address?
Indian Overseas Bank location is at 763 Anna Salai, Chennai
Who is the CEO of Indian Overseas Bank?
Indian Overseas Bank CEO is R. Subramaniakumar, their score by employees is 60
What is the salary for Marketing Manager in Indian Overseas Bank?
Marketing Manager average salary in the US is 116k
What are the salaries in the Admin in Indian Overseas Bank?
The average salaries for Admin in Indian Overseas Bank is 59k
How many employees work in Indian Overseas Bank?
Indian Overseas Bank has 31947 employees
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