Mercer HR Consulting names Best Companies to Work For in India
By Consultant-News.com

09-Nov-2006  

Infosys emerges the winner for the second consecutive year.

The Best Companies to Work for in India are Indian IT companies, according to a joint study conducted by Mercer Human Resource Consulting, the world's largest HR consulting firm; Business Today, India's number one business magazine and Taylor Nelson Sofres (TNS), a leading international market research firm.

In the BT-Mercer study 2006, Infosys emerges as the Best Company to work for in India, Mindtree Technologies is ranked second and Satyam third.

This is the sixth annual Business Today Best Companies to Work for in India survey and the third year that the BT-Mercer-TNS team has collaborated to identify the best companies to work for in India. The survey recorded a phenomenal 75% increase in participation from last year and a total of 131 organizations registered for the survey.

In this year's survey, meaningful work and rewards, greater control over careers, increased focus on learning and development and individualised attention emerged as the key expectations of employees from organizations. 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 organisation personally facilitates the integrity session as part of the induction program for new employees.

Another interesting finding this year has been the inclusion of medium size organizations in the top ten rankings, reiterating the fact that investment in strong HR policies and employee development are not restricted to the "employee bloomers" -- organizations with more than 5000 employees, alone.

Commenting on the survey results, Padmaja Alaganandan, Principal Consultant, Mercer Human Resource Consulting said, "One noteworthy finding is that the differential between the top ten employers is clearly narrowing down and others are catching up fast. It is heartening to see that people management practices and HR systems have evolved in the last few years and have reached a much higher degree of sophistication, integration and innovation. Another interesting finding is that organizations are building an employer brand that goes beyond the four walls of the organization and encompasses the employees' families, alumni and the community at large."

Best Companies to Work for in India 2006

1. Infosys
2. Mindtree Consulting
3. Satyam Computer Services
4. Dr Reddy's Labs
5. Sapient
6. Agilent Technologies
7. Johnson & Johnson
8. Covansys
9. HCL Comnet
10.HSBC
 

Source: http://www.consultant-news.com/article_display.aspx?p=adp&id=3216