A study by the Great Place to Work Institute India has revealed the 100 best companies to work for in India for the year 2014.
The Great Place to Work Institute was born in USA in the year 1997. It has since opened its doors to 45 countries across the world with the aim to recognize and build great workplaces. It started operations in India in 2003, in conjunction with a local consulting firm. Over 500 organizations registered for the 2011 study making it one of the largest studies in workplace culture in the world.
In collaboration with Businessworld, Great Place to Work in India published lists of Best Workplaces in India in 2003, 2004, 2005 and 2007. This year’s study is in collaboration with Economic Times.
Around 600 organizations applied to be assessed for the 2014 study. As part of this assessment, companies were studied through two different lenses. Firstly, perceptions of the organizations’ employees were measured through surveys where over 1,70,000 employees were surveyed in all. Secondly, strength of people related management practices of the organizations was assessed using a people practice assessment framework developed by the Institute.
So what’s making India a great place to work and what’s holding it back from being one?
The research revealed some of the key strengths and areas of improvements for India Inc. Friendliness, non-discrimination on basis of sex & race, pride and trust in management’s competence were found to be some of the leading strengths of organizations in India. More than 80 percent of the respondents feel positive about these areas.
On the other hand, perceptions about managers’ favouritism and politicking, equitable distribution of profits, lack of unique benefits, and absence of collaboration in decision making were found to be some of the leading areas for improvement for organizations in India. Only around 60 percent of the respondents feel positive about these areas.
In midst of peculiarities of the country’s culture, demographics and economy, 100 organizations have stood out to emerge as the best companies to work for in India. Here’s a look at the Top 25-
1. Google India Pvt. Ltd.
2. Intel Technology India Pvt. Ltd.
3. Marriott Hotels India Pvt. Ltd.
4. American Express India
5. SAP Labs India Pvt. Ltd.
6. Adobe Systems India Pvt. Ltd.
7. Godrej Consumer Products Limited
8. Intuit Technology Services Private Limited
9. Ujjivan Financial Services Pvt. Ltd.
10. Cactus Communications Pvt. Ltd.
11. NetApp India
12. Eureka Forbes Ltd.
13. Encore Capital Group (Midland Credit Management India Pvt.
14. Microsoft Corporation India Pvt. Ltd.
15. Taj Hotels Resorts and Palaces
16. DHL Express India Pvt. Ltd.
17. Starwood Asia Pacific Hotels & Resorts Pte. Ltd.
18. Vodafone India Ltd.
19. Federal Express Corporation
20. Accor Hotels India
21. Lifestyle International Pvt. Ltd.
22. Titan Company Limited
23. Bajaj Finance Limited
24. Blue Dart Express Ltd.
25. Radio City 91.1 FM
Source: Great Place to Work Institute
