IIT Delhi Graduate Leaves High-Paying Banking Job Due to Stress and Long Hours
IIT Delhi Graduate Quits Rs 17 LPA Job Over Work Pressure: ‘Lunch In 15 Minutes And...’ | Video
News 18
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Chirag Madaan, a 24-year-old IIT Delhi graduate, resigned from his banking job earning ₹17 lakh annually due to overwhelming work pressure and long hours. His experience highlights the challenging work environment in the banking sector, where employees face strict sales targets and limited breaks.
- 01Chirag Madaan quit his banking job despite a salary of ₹17 lakh per annum due to stress.
- 02Work hours extended from a typical 9-to-5 to often past 7 pm, with a six-day workweek.
- 03Employees were pressured to meet high sales targets, sometimes exceeding ₹10 crore.
- 04Limited breaks, including only 10-15 minutes for lunch, contributed to a poor work-life balance.
- 05Chirag's experience resonated with many others, sparking discussions about mis-selling and workplace toxicity in banking.
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Chirag Madaan, a 24-year-old graduate from the Indian Institute of Technology Delhi (IIT Delhi), has decided to resign from his banking job that paid ₹17 lakh (approximately $20,500 USD) annually due to excessive stress and long working hours. Initially starting with a standard 9-to-5 schedule, his workdays gradually extended beyond 7 pm, and the workweek increased to six days, severely impacting his work-life balance. He noted that employees were expected to finish lunch in just 10 to 15 minutes, leaving little time for relaxation. Additionally, the pressure to meet high sales targets, sometimes reaching ₹10 crore (approximately $1.2 million USD), added to the stress. Madaan's experience has sparked conversations about the challenges faced by banking professionals, including issues related to mis-selling and a toxic work environment, resonating with many who have shared similar experiences.
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Chirag's resignation highlights the growing concerns about work-life balance and employee well-being in the banking sector, which could lead to increased turnover rates and a reevaluation of workplace practices.
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