Average slow growing profit oriented small company. No policies. No satisfaction. - Software Engineer Paragyte Technologies Employee Review

Very slow growing profit oriented organization which has only 1 potential client that too works on outdated technology and customized frameworks. 3 family members seating in 3 different department are running the company. No leave policies as per law. Only 15 leaves including medical & casual. Asking long vacation is crime & CEO always try to analyze employees personal matters and asks to cut down their plans. Does'nt have holiday on important festivals. Unfair calculation of working hours- CEO expect to put extra efforts everyday without paying any compensation & cut payment for even for extra half day leave. Work timings - No work life balance. Most of the employees working more than 10 hours daily. Extra efforts are not measurable but late ins are countable. No mission and vision. Company is going in pointless direction. In business development department there is only one person rest team was fired long back. No projects in pipeline.  Work culture- no professional etiquettes. Micro management by CEO. CEO never schedule meeting for any discussion, calls employees from their desk without bothering anything. No hierarchy maintained while dealing with concerns. No standard engineering processes. No trainings for employee development. Anyone can be thrown to any project at any time irrespective of their technological strengths. Be ready to switch ur career into testing even you are a dac qualified developer, if management finds u not performing extra ordinary in starting few months!! Colleagues are helpful. Friendly environment within employees. cross teams collaboration is less. Playing Table tennis is only medium to collaborate but that's also judged by CEO as per his point of view.  HR only do recruitment. Don't have freedom to take any decision. They have to agreed on employer friendly policies which keeps changing person to person. For all matters CEO is only taking decision which r obviously in his own favour.  Salary- NO PF. 1st appraisal after year then bi yearly. Performance based. Be ready to compromise loyalty bonus and performance bonus. Policy changes as per employee. Bond of 2 years for everyone joining the company.