Friday, November 17, 2006

Best Companies to Work for in India

So what makes a company a great employer ?Every employer would like to study and adopt the best practices from the best employers .The sixth annual Business Today Best Companies to Work for in India recorded a phenomenal 75% increase in participation from last year and a total of 131 organizations registered for the survey.

The winners of the survey are companies who have made substantial investment in their people, infrastructure, facilities, technology and evolved HR systems. Stock options, flexi-timings, telecommuting, redressal and grievance committees, customized training and development opportunities, career management control and empowerment seem to be standard fare at these organizations. Most companies in the top ten have leveraged technology and have built truly integrated HR systems and processes. This is turn, has benefited and empowered employees who get access to information related to HR policies, performance management review, training needs and career planning tools, online.

The winning organizations have built a strong culture which reflects the values that the company wishes to inculcate in its employees. Communicating these values has gone beyond posters and employee manuals and senior management including the CEO of a winning organization personally facilitates the integrity session as part of the induction program for new employees.

So its not just the HR practices which makes the organizations great but a combination of factors like leadership, values, focus of process benchmarking and greater acceptance and responsiveness towards employees need which leads to high employee satisfaction.

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