Study aims to identify the country’s finest organizations and provide
insight into how cutting-edge HR systems meet employee needs and drive
business results.
Hyderabad: Hewitt Associates, (NYSE: HEW) a global
outsourcing and consulting firm, announced the launch of the Best
Employers in India 2003 study.
The study, being conducted in association with Business Today, identifies
those organizations whose human resources practices and levels of employee
motivation and loyalty make them outstanding places to work, and determine
how these practices effectively meet employee needs and drive business
results. Using data gathered from participants, the study identifies a
league table of the country’s best employers. This year’s study will be
the third annual survey of Indian workplaces.
It will also rank the Best Employers in India, and provide insights into
the HR practices that set these companies apart from the rest. The study
is open to all organizations in India that have been established for a
minimum of three years and employ not less than 100 white collar
employees. Organizations with an interest in participating in the study
can either contact Hewitt Associates, or submit their application through
the official website at
www.BestEmployersIndia.com
Applications must be submitted no later than February 15, 2003. The
results of the study will be published in August 2003 in Business Today.
Ravi Virmani, Hewitt’s South Asia Managing Director said: It is becoming
increasingly important for companies to adopt Best Employer practices, as
the worldwide shortage of talented people becomes more acute. Following
the success of the Best Employers in India study the last two years, we
are hoping to capture a larger number and a wider range of companies in
the study this year.
He added,By conducting the study again this year, we will be able to
deepen the research by monitoring developments on the cutting edge of HR.
It will help us analyse how external economic, social, and other factors
can affect Best Employers,he said.
204 companies across more than 15 industry groups participated in the
study last year and data was collected from more than 52,000 employees.
The study identified a number of characteristics shared by the companies
designated Best Employers in India. The main shared traits were high
employee-satisfaction levels, aligned people practices and the CEO’s
commitment to people.
Last year’s Best Employers displayed a high degree of faith in leadership,
offered a compelling employment proposition, accelerated development
opportunities, and strong orientation towards company culture and values.
The Best Employers, in alphabetical order, included companies like Agilent
Technologies, American Express, Bharat Heavy Electricals Limited (BHEL),
Colgate Palmolive,Compaq, Dr. Reddy's, Gillette, Hewlett Packard, Hughes
Software, Indian Oil,Infosys, Johnson & Johnson, LG Electronics, Maruti
Udyog, Microsoft, Oracle, Polaris Software, Procter & Gamble, Reliance,
Sasken, Satyam, SmithKline Beecham, ST Micorelectronics, Tata Engineering
and Tata Iron & Steel.
About Hewitt Associates
Hewitt Associates is a global outsourcing and consulting firm delivering a
complete range of human capital management services to companies
including: HR and Benefits Outsourcing, HR Strategy and Technology,
Organizational Change, Retirement and Financial Management, and Talent and
Reward Strategies. The firm provides services from 86 offices in 37
countries. In India, Hewitt has 4 offices in Delhi, Mumbai, Gurgaon,
Bangalore and with over 150 associates.