Article: 4 differentiators of the best companies to work for

Performance Management

4 differentiators of the best companies to work for

What is it that the best companies to work for have that others don't; what attracts talent to these companies

Higher Productivity & Lower Attrition Rates

Most of the employees in the top companies feel at home while working. They believe the management is genuinely concerned about them as individuals rather than employees. The management also takes the well-being of the employees as its own responsibility. Such an environment encourages & motivates the employees resulting in an increased productivity & lower attrition rates; one of the key success areas for all businesses.

Upbeat Work-culture

Researches show that buoyancy in the work culture is very closely related to financial performance of an organization. Employees look for a culture of excellence where performance is rewarded, fair dealing is appreciated & mutual support is encouraged.

Peer trust& respect

Top companies do not hire lazy, prejudiced or dishonest people. A company where everyone is an achiever and a hard worker, mutual respect will automatically flow. The latest 2014 research of “India’s best companies to work for” reasons for friendliness & mutual trust among the employees and employers as one of the most important differentiating factor for the best companies.

Desire to constantly innovate & improve on HR aspects

As per “India’s best companies to work for” survey, 73 per cent employees in the top companies feel that their organization is driven by the urge to constantly innovate for people management. Such companies have their distinguished ways to attract the top talent followed by remarkable employee engagement techniques. High standard of work is expected and appreciated where people get the unique chance to explore their inner capabilities and expand their intellect & skill sets.

Read full story

Topics: Performance Management, Culture, #BestPractices

Did you find this story helpful?

Author

QUICK POLL

How do you envision AI transforming your work?

People Matters Big Questions on Appraisals 2024: Serving or Sinking Employee Morale?

LinkedIn Live: 25th April, 4pm