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. Source Consultant News
Best Companies to Work for in India 2006 - And my take on what they have going for them (update: Just realised that executive search consultant AK Menon had blogged about it last month)
1. Infosys - The big daddy of Indian IT services. The halo has a lot to do with the reputation of Narayan Murthy and Infosys' spending on sales and marketing (much more than TCS or Wipro)
2. Mindtree Consulting - Started by ex-Wipro employees, has always had a "niche" image about them. Big social conscience. The logo for example was designed by spastic children.
3. Satyam Computer Services - For a long time was considered a wannabe Infosys. Over the last 7-8 years has started to find its own identity and image.
4. Dr Reddy's Labs - One of the rare non-IT companies in the top 10. Global work means more growth opportunities for people internally.
5. Sapient - Located primarily in New Delhi. Strong culture. Great cutting edge work. Marquee clients. What more could an employee want?
6. Agilent Technologies - Offers innovative (for India) work options like telecommuting and compressed work week. The surprise in this result !
7. Johnson & Johnson - Comes back into the list after 2003. Second pharma company in the list. Since Pharma and IT firms are competing on the global stage they have to be great employers :-)
8. Covansys - The second time the IT firm has featured on this list.
9. HCL Comnet - Into niche work. That makes people with a certain specific skill necessary to get in. Does that make managing careers better. Maybe. Some proactive HR policies too that are getting tried there and then adapted by the whole group.
10.HSBC - The only firm from the banking industry to make it in the top ten. Traditionally considered slow and British, HSBC seems to have changed its culture drastically and has managed to attract and retain great talent.
What do you think ? Would love to hear from people currently working in these companies.
Update: It's interesting to note that BPO major Genpact which was on the list last year (even without the GE brand) has dropped out of the list. Could it be that BPO as a sector is maturing and a lot of the things that generated excitement to work in BPOs are taken for granted?
No KPOs on this list too. Why is that I wonder? Their employee strength is too small?
Update 2: Lots of people are commenting as to what are the parameters and how the survey was done. You can find the details here and here.
I have worked for Agilent US and India as a consultant.Itz a great place and have a really nice culture. Agilent is a HP Spin off and the culture of innovation,risk taking is very much evident there. I have worked with Infy too. I think for a youngster straight out of college, it is a superb place.Superior infrastrucutre,high focus on ethics and integrity, mentorship program and of course the "Infosys" name makes it a great place.
ReplyDeleteI have worked in Satyam and now in Infosys. Satyam has gone with wonderful concept of Full Life cycle leaders (FLCLs) where people in the mid-management role have ample growth scope and ownership of building and growing something. The onus is dorectly on indidviduals to grow competencies or businesses. Enough scope for an individual to be thoroughly motivated, to proceed towards top management. Satyam gains because such FLCLs add directly to topline and improve the bottom line also. At lower rungs, Satyam needs to definitely improve. There is a clear lack of motivation, as they do not see Satyam as a long term career option, but a short stay. This is where Infy scores. Lower rungs are motivated enough with charting out clear career growth paths, training programs, greener pastures, 'hep' and 'fun' atmosphere...it starts getting a lot narrower, as things move towards the top.
ReplyDelete" The Best Companies to Work for in India are Indian IT companies..."
ReplyDeleteWill you please list down the parameters taken into account which led to the results...of course, the study has been carried out by some other company but if you are aware of the parameters, plz list them down...
I wonder why MNC biggies like IBM, Accenture, Microsoft, Sun, Oracle, HP, Intel, etc did not make the list.
ReplyDeleteYou know what was the parameters considered ?
any cues on which are the top industries in India?
ReplyDeleteI guess Companies Infosys, Sathyam and Mindtree package is no where in PAR with Industry standards. We need to consider Package also
ReplyDeleteGautam can u list down the parameters based upon which this survey is made.
ReplyDeleteHow much employee Perception is taken into account and more so for the freshers, pros straight out of college.
Indian IT Cos r good for experienced not for Freshers, with the work assigned to them not of much technical calibre, which it should be and Compensation package is also not that encouraging.More importantly the scope of learning while working gets degraded and the irony is People get good work only thru sheer luck and not merit based.
folks, you can find the detailed basis of the survey in the Business Today issue :)
ReplyDeleteI worked in Mindtree. They are big time ass holes. They ll suck your blood. Very poor HR management and Finance team. Dont join Mindtree and spoil your career. They used to talk about something about CLASS values. But none of the Management members will follow. One useless fellow used to write books. He ll write only books but wont do anything
ReplyDeleteAll the Indian companies are blood suckers.. they are the worst payers.. have you ever wondered why in Infosys TCS Wipro IIT's or REC's dont stay.. and top of them they will put in MNC projects.. do 1 thing.. tell these companies to remove onsite(actually they are reducing more now)... and then you will see everyone quitting.. Murthy himself says 'Dont love your company...Love your work' That's probably the biggest downfall statement that he made.. it is as if saying dont love your wife.. love all women..
ReplyDeletehave you ever wondered why in companies like Accenture.IBM, MS employees are there for 20 years.. it just because they advocate the philosophy of loving the company.. if you fall in love with the company you will do the best.. think over. I hate Indian companies as i see that they are spoiling work life balance and in return you get 20k.!!!dammn these guys..
I would like to know how is it like to work at HP banglore or Chennai.. as a fresher..
ReplyDeleteCan someone please tell me how is the work Environment in HSBC.
ReplyDeleteHow are the employees taken care of and what about Salaries and Appraisals.