Financial Daily from THE HINDU group of publications
Saturday, Aug 23, 2003
Financial Daily from THE HINDU group of publications Saturday, Aug 23, 2003 |
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Corporate
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Work Life Texas Instruments, Johnson & Johnson `best places to work' Our Bureau
New Delhi , Aug. 22 TEXAS Instruments, Federal Express and Johnson & Johnson have been rated as the top three companies in a first of its kind survey carried out among employees of over 120 companies in India. The `Great Place to Work' survey was carried out by Grow Talent Company Ltd in collaboration with US-based Great Place to Work Institute. The list of 25 top-rated companies is to be published by financial weekly Business World in its next issue, due to hit the stands on August 25. According to the survey, Eli Lilly, Philips Software, Godrej Consumer Products, Wipro Spectramind, Nokia, Birla Sun Life and Cadbury's India were among the top 10 employers in India, the Grow Talent head of Brand Management, Mr Tushar Makkar, said here on Friday. "The survey aims to promote healthy competition among companies and establish a professional benchmark for other organisations. We believe that, along with competing for market shares and profits, companies will also progressively strive to be known for their superior workplace quality," Mr Makkar said. The ranking will be an annual feature on the lines of similar surveys carried out in 22 countries, including the US, all 15 members of the European Union and Brazil. In the US, the list is published by the prestigious Fortune magazine, while in the United Kingdom, it is published by The Financial Times and The Sunday Times. The ranking is primarily based on the opinions of employees who are asked to rate their workplace according to a series of qualitative criteria. The list aims to identify responses which point to a company that provides a healthy work environment for its employees. Pointing out that Wipro Spectramind had made it to the list of top 10 despite a high attrition rate that is common to the IT-enabled services sector, Mr Makkar said employee turnover was not a disqualification. "What the company has done for the employee while he was still on the rolls and how he has been helped to grow laterally within or outside the profession also counts," he said.
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