The 25 Best Employers
of India are the best for several reasons. One
is the effectiveness of their innovative practices
and policies which are advantageous to their employees.
Infosys' success and number one positioning lies
in the emphasis it places on producing dynamic
and successful leaders. And the best part is that
the senior-most leaders of the company are involved
in setting processes that supports the company's
emphasis. If anything characterises Procter &
Gamble, then it is its openness and principle-based
approach regarding policies and practices that
apply to their employees. The policies and practices
address the needs of the employees instead of
their level.
Despite the impact of the IT slowdown, Hewlett-Packard
(India) believes in a healthy balance between
work and life, which reflects in their flexible
working arrangements and the innovative processes
concerning leave. They even have an eight week
leave while adopting a child. Work-life balance
is also encouraged in SKB Consumer Healthcare
through its practices such as work-week and
flexitime. Working from home is the added advantage
that all area sales managers have - they are
provided with laptops to do so.
Satyam Computers strongly believes in grooming
its employees to greater responsibilities thereby
attributing to the employee's career development.
One of its innovative practices is the 'suggestions'
mileage card. The card gives points to the suggestions
offered by its employees which can be redeemed
later. Ranked at number 6, Agilent Technologies
places great emphasis on employee satisfaction.
Pulse, the online survey that is undertaken
every week ensures that all employee concerns
are met.
The ranking of a Public Sector Unit (PSU) on
the 25 Best Employer's List may be surprising,
but some of its practices have ensured that
it is unlike most other PSUs. Not only does
it have a performance management system and
a competency mapping programme but it also provides
complete medical coverage with no cap on expenditure.
The coverage is extended to retired employees
as well.
American Express (India) has several structured
forums which ensure effective communication
such as town halls, skip level meetings, home
days and MBWA (management by walking around).
It also encourages its employees to maintain
a healthy balance between work and life. At
Colgate-Palmolive (India), people development
is the key focus. While all employees irrespective
of grades or function, are required to work
the market, cross functional moves help employees
to gain competencies in several fields. Ranked
no.10, Gillette India puts its key phrase 'World
Class Brands, Products, People' in practise
by giving international exposure to its employees.
This kind of exposure helps widen business perspective,
strengthen functional expertise, transfer best
practices and operate in a diverse background.
But the innovative practices as put in practice
by the above employers are the not the reason
alone why they are in the 25 Best Employers
list. They outperform other companies not only
in terms of the number of initiatives they have
in place but also in terms of their clear vision
- they know how to achieve and communicate it.
The following are some of the practices that
the above companies strongly believe in; and
those practices which help achieve their goals.
Spirit and motivation always beat mere talent.
The best never underestimate the power of
dreams.
The best understand the influence of human
relations.
The best know that the potential for greatness
lies in all.
The best build systems on strong foundations.
Best employers get the pay equation right.
The best take everyone along.
Best Employers - An Organisational Profile
90 per cent of the employees
of these organisations are male and 10 per
cent are female.
The largest best employer
has 32, 266 full-time employees. The smallest
has 106 full-time employees. The average number
of currently employed full-time employees
is 3,514.04, and the median is 1,493.
20.53 per cent of the employees
at best employers have work experience of
less than 2 years; 17.47 per cent have work
experience of 2-5 years; 17.74 per cent have
work experience of 20-24 years.
22.91 per cent of the employees
at best employers belonged to the age group
of 26-30 years; 2.58 per cent of the employees
were 55 years of age or older.
35 per cent of the best employers
have an average CEO tenure of more than five
years.
