The Best Companies

8/9/2019 The Best Companies

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The Best CompaniesThe Best CompaniesTo Work For InTo Work For In

IndiaIndiaCover Story of BTCover Story of BT

(Nov 5,2006 Issue)(Nov 5,2006 Issue)


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P artners In SurveyP artners In Survey

Business Today GroupBusiness Today GroupMercer HR ConsultingMercer HR ConsultingTNS IndiaTNS India


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P articipantsP articipants

A total of 131 companies registered A total of 131 companies registered

Only 92 completed all formalitiesOnly 92 completed all formalities


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The two eligibility criteria were:The two eligibility criteria were:

1.1. A minimum of 4 years of operations and A minimum of 4 years of operations and2.2. A Head count of minimum 200 White A Head count of minimum 200 White- -

collar employeescollar employees


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R anksR anks1.1. INFOSYSINFOSYS2.2. MINDTREEMINDTREE3.3. SATYAMSATYAM

4.4. DR . RE DDYS LABSDR . RE DDYS LABS5.5. SA P IE NTSA P IE NT6.6. AGIL E NT T E CHNOLOGI E S AGIL E NT T E CHNOLOGI E S

6.6. JOHNSON&JOHNSONJOHNSON&JOHNSON8.8. COVANSYSCOVANSYS9.9. HCL COMN E THCL COMN E T10.10. HSBCHSBC


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Quadrants for E valuationQuadrants for E valuation

QuadrantsQuadrants WeightWeight1.1. HR MetricsHR Metrics 15%15%2.2. HR P rocess & P oliciesHR P rocess & P olicies 30%30%

3.3. E mployee P erceptionE mployee P erception 35%35%4.4. Stakeholders P erceptionStakeholders P erception 20%20%


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Analysis of H R Metrics Analysis of H R Metrics

No. of E mployeesNo. of E mployees Attrition R ates Attrition R ates Average Career Tenure Average Career Tenure

P romotion R ate (i.e. promotions as % of P romotion R ate (i.e. promotions as % of overall head count)overall head count)

Avg. Time for P romotion Avg. Time for P romotion

HR

Budget, Actual spending as % of TotalHR

Budget, Actual spending as % of TotalR evenue.R evenue.Training Budget and spending &Training Budget and spending &Gender R atioGender R atio


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HR P rocess & P oliciesHR P rocess & P olicies

Their maturity as compared to Best in theTheir maturity as compared to Best in theworld.world.R ecruitment, selection & induction.R ecruitment, selection & induction.P erformance appraisals & career P erformance appraisals & career management.management.Training & DevelopmentTraining & Development

R ewards & R ecognitionR ewards & R ecognitionCulture & WorkCulture & Work- -life balancelife balanceManpower P lanningManpower P lanning

Feedback systemFeedback system


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E mployee P erceptionE mployee P erception

LeadershipLeadershipHR P rocess & Function in Org.HR P rocess & Function in Org.

TransparencyTransparency Alignment with Organizational Direction Alignment with Organizational DirectionQuality of WorkQuality of Work- -lifelife

E mployee DevelopmentE mployee Development


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Facts in E mployee P erceptionFacts in E mployee P erceptionR

ankingsR

ankingsBangloreBanglore- -BasedBased MindTreeMindTree jumped to #2 jumped to #2from #10 last year because of itsfrom #10 last year because of itsrelentless focus on these issuesrelentless focus on these issuesInfosysInfosys is at #8 in this segment despite of is at #8 in this segment despite of being #1 on overall basisbeing #1 on overall basis


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Stakeholders P erceptionStakeholders P erception

Basically stakeholders in Job Market includeBasically stakeholders in Job Market includeNew R ecruitsNew R ecruits

ExEx --E mployeesE mployeesCampusesCampusesSearch FirmsSearch Firms


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K ey Idea Behind the StoryK ey Idea Behind the Story

Changes In Role of HRMChanges In Role of HRM


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From Industrial R elations Mgt. toFrom Industrial R elations Mgt. toP ersonnel Adam. to P ersonnel Mgt. toP ersonnel Adam. to P ersonnel Mgt. toHR MHR MP roblems changed from Drunken & rowdyP roblems changed from Drunken & rowdyworkers to Over workers to Over- -ambitious MBA or techieambitious MBA or techiein hurry to become C E Oin hurry to become C E OP henomenal amount of IT usedP henomenal amount of IT used


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What E valuators Feel???What E valuators Feel???E mployees now demand control over their E mployees now demand control over their careers, an enhanced pace of learning,careers, an enhanced pace of learning,individualized attention and the e x citingindividualized attention and the e x citing

possibility of unlimited growth.possibility of unlimited growth.E mployees are being pampered like never E mployees are being pampered like never before and erstwhile differentiators have beenbefore and erstwhile differentiators have beenrelegated to the status of hygiene factorsrelegated to the status of hygiene factors ..

Today, most companies have fairlyToday, most companies have fairlycomprehensive H R systems. However, tried andcomprehensive H R systems. However, tried andtested formula will no longer worktested formula will no longer work ..


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Some Facts!!!...Some Facts!!!...

Infosys topped the list for second consecutive year Infosys topped the list for second consecutive year and fourth time in 6 years!and fourth time in 6 years!7 out of the top 10 are IT companies7 out of the top 10 are IT companies

34 out of 92 participating companies were from IT34 out of 92 participating companies were from ITsector!sector!Infosys has promised a whopping R s.126 cr. InInfosys has promised a whopping R s.126 cr. Inbonuses this year!bonuses this year!

Almost no employee in top 10 cos. Say he/she is Almost no employee in top 10 cos. Say he/she ishappy with earnings or carrer counseling given athappy with earnings or carrer counseling given atcompanies.companies.


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Thank You !!!Thank You !!!

And read the rest of the story at And read the rest of the story at

you Own Home or your Secondyou Own Home or your SecondHome, i.e., Library!!!Home, i.e., Library!!!

The Best Companies

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