Article: Great Place to Work India: Intuit India topples AmEx, Google

Strategic HR

Great Place to Work India: Intuit India topples AmEx, Google

From 10th position last year to the No.1 position in 2017, Intuit India ensures that the voice of its employees is integral to how they craft the practices and benefits.
Great Place to Work India: Intuit India topples AmEx, Google

Intuit India has been ranked the No. 1 company to work for in 2017 by the Great Place to Work Institute, India. It toppled American Express India (ranked 2), Google India (ranked 3) to rank at No.1. Last year, Intuit was ranked 10 in the Best Place to Work 2016. Lemon Tree Hotels Ltd has climbed 5 places to rank at 4 this year.  

The Top 100 Best Places to Work for in India are: 

  1. Intuit India
  2. American EXpress India
  3. Google India Pvt Ltd
  4. Lemon Tree Hotels
  5. SAP Labs India Pvt Ltd
  6. Adobe Systems India Pvt Ltd
  7. NetApp India Pvt Ltd
  8. Teleperformance India
  9. Pitney Bowes Software India Pvt Ltd
  10. DHL Express (India) Ovt Ltd
  11. SAP India
  12. Marriott Hotels India Pvt Ltd
  13. Ujjivan Small Finance Bank Ltd
  14. InterContinental Hotels Group
  15. Hyatt Hotels and Resort
  16. Bajaj Finance Limited
  17. Cadence Design Systems - India
  18. Godrej Consumer Products Limited
  19. Federal Express Corporation
  20. Reliance Capital - Commerical Finance & Home Finance Divisions
  21. The Oberoi Group
  22. PayPal India Pvt Ltd
  23. Mahindra & Mahindra Automotive & Farm Equipment Sectors
  24. BT Global Business Services
  25. Hilton Worldwide
  26. Spicer India Private Limited
  27. Indian Oil Corporation Ltd
  28. Indus Towers
  29. Blue Dart Express Ltd
  30. Hardcastle Restaurants Pvt Ltd
  31. Power Grid Corporation of India Limited
  32. Shriram Value Services Ltd
  33. Ernst & Young, India
  34. Lupin Ltd
  35. InMobi Technology Services Private Limited
  36. Barbeque Nation Hospitality Ltd
  37. Tata Power Delhi Distribution Ltd
  38. NTPC Ltd
  39. Bharat Financial Inclusion Ltd
  40. Marico Ltd
  41. Music Broadcast Ltd
  42. BMC Software India Pvt Ltd
  43. Atria Convergence Technologies Pvt Ltd
  44. National Stock Exchange of India Ltd
  45. Indofil Industries Limited
  46. Kantar GDC
  47. CitiusTech Healthcare Technology Pvt Ltd
  48. YASH Technologies Pvt Ltd
  49. Mahindra & Mahindra Financial Services Ltd
  50. Salesforce.com
  51. Reliance Retail Ltd
  52. Gabriel Indi Ltf
  53. Standard Chartered, Global Business Services Pvt Ltd.
  54. People Combine Educational Initiatives
  55. Eye Q Vision Pvt Ltd
  56. J K Lakshmi Cement Ltd
  57. Equitas Small Finance Bank Limited
  58. Tata Communications Ltd
  59. Apollo Tyres Ltd
  60. RPG Life Sciences Ltd
  61. Whirlpool of India Ltd
  62. Aspire Systems (India) Pvt Ltd
  63. HERE Solutions India Private Limited
  64. Dr Reddy's Laboratories
  65. Shree Cement Ltd
  66. Sentiss Pharma Pvt Ltd
  67. Apollo Munich Health Insurance Company Limited
  68. Lifestyle International Pvt Ltd
  69. Ericsson India
  70. Raychem RPG Pvt Ltd
  71. Forbes Marshall Pvt Ltd
  72. Bharti Foundation
  73. Capital Small Finance Bank Ltd.
  74. Impetus Infotech (I) Pvt Ltd.
  75. Jones Lang Lasalle Property Consultants (India) Pvt Ltd
  76. iNautix Technologies India Pvt Ltd
  77. IHG IT Services (India) Pvt Ltd
  78. QA InfoTech (P) Ltd
  79. Claris Lifesciences Ltd
  80. PUMA Sports India Pvt Ltd
  81. Altimetrik India Pvt Ltd
  82. Philips Lighting India
  83. Hilti India Pvt Ltd
  84. HDFC Standard Life Insurance Companny Ltd
  85. Brigade Enterprises Ltd
  86. Indegene Pvt Ltd
  87. YES BANK Ltd
  88. Infiniti Retail Ltd
  89. DHL Supply Chain India Pvt Ltd
  90. K Raheja Corp
  91. Fractal Analytics Pvt Ltd
  92. Ford In India
  93. Wells Fargo India Solutions Pvt Ltd
  94. Jubilant FoodWorks Ltd
  95. Elara Technologies Pte. Ltd (PropTiger & Makaan)
  96. Zee Entertainment Enterprises Ltf
  97. Tavant Technologies India Pvt Ltd
  98. Mahindra Holidays & Resorts India Ltd
  99. GHCL Ltd
  100. S.C. Johnson Products Pvt Ltd.


In its 10th year, the Great Place To Work® Institute’s ‘India’s Best Companies To Work For’ study covered over 600 organizations throughout India, with focus on organizations with an employee strength of 500 and above. 

The key questions which the Study wanted to probe were: what drives trust in organizations today, are these factors different for different industries, what is it that the best workplaces are doing differently to sustain this trust, among others. In addition, the report takes a deeper look at certain demographic segments – such as women employees, employees with less than 1 year of tenure, Gen-Y and graduates - to study the unique trends emerging from these groups. The report also features an empirical research that reinforces the phenomenon that is intuitively known by most business leaders, i.e., the best workplaces outperform market indices by a significant margin.

“When the foundation of established policies and market forces becomes uncertain, the significance of the linkage between People Success and Organizational Success becomes even stronger,” wrote Prasenjit Bhattacharya, CEO, Great Place to Work Institute, India. 

Methodology

Great Place To Work® Institute has an objective methodology of assessing workplace culture, that has been adopted by thousands of organizations, globally. It primarily uses 2 lenses to evaluate and identify the best cultures. The first lens measures the quality of employee experience through our globally validated survey instrument known as Trust Index©. The survey helps in seeking anonymous feedback from employees and carries a 2/3rd weightage. The second lens is called the Culture Audit©, a proprietary tool of the Institute that evaluates the people practices of an organization, covering the entire employee life-cycle. This carries 1/3rd weightage. The cumulative score determines an organization’s position in the ranking scoreboard and helps in identifying ‘India’s 100 Best Companies to Work For’.

At Intuit India the company has an internal LinkedIn version called Taleo, which helps employees build a detailed talent profile that includes skills, experience, current job, past jobs, education, certifications and job preferences. This enables them to advertise themselves to Intuit recruiters and hiring managers.

"We build trust by getting our employees into the kitchen – they actively create and drive the solutions. They know they are creating the future, thus stay invested from a career perspective. They know they are part of the solution – this ensures belief in fairness. The voice of employee is integral to how we craft our practices and offerings (benefits). The community and volunteerism propels the family feel.” Somnath Baishya Director & Head HR, Intuit India.

"At American Express, creating a fair, positive and performance-driven work environment is one of the critical ways in which we empower employees to achieve their optimum potential. Employees are rewarded for their achievements through a transparent and competitive compensation program that encompasses pay, benefits and rewards. A fundamental tenet of our compensation philosophy is ‘pay-for-performance’. This model works well for both, the organization and the employees, as it rewards people for their contribution, which is clearly linked with the organization’s performance.” Pradeep Kapur, Senior Vice President & General Manager, American Express Global Servicing Network Japan & Asia Pacific

SAP Labs India Pvt. Ltd has a very interesting Sabbatical for entrepreneurial dreams policy where employees who are interested in entrepreneurship and have successfully completed two years or more in SAP can take sabbatical leave for up to two years.

Radio City, a part of Music Broadcast Limited (MBL) (ranked 41) was called out for its ‘Cheers to Peers’ programme. This allows the employees to recognize a colleague who has helped them complete a challenging assignment. As a part of this activity, employees get to present a ‘Cheers to Peers’ card, in front of a large audience, to a co-worker from their own department or another, in order to recognize his or her efforts.

Sagorika Kantharia, Chief People Officer, Radio City 91.1 FM said, “We are extremely proud to be listed amongst ‘India’s Best Companies To Work For’ once again. Our culture and value system allows our employees to innovate, grow and become leaders in their own right. Initiatives such as ‘Cheers to Peers’, Ring Aloud and Star and Sher of the month help us promote the spirit of unity while at the same time recognizing individuals for their extraordinary work.”

An analysis of the areas of maximum gap between the 100 best workplaces and the rest reveals interesting trends: the best workplaces have maintained their significant edge over the rest in aspects of fair profit share, special benefits, politicking at work, favoritism by managers, fair pay, fair promotions and candid communication. The fact that shareholder returns of best workplaces are increasing year-on-year also reveals that high positive results on your employee survey are likely to have a multiplier effect on your business returns.

For Full Report please click here

Topics: Strategic HR

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