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In the quest for success, organizations increasingly recognize the importance of creating exceptional workplaces. Companies that prioritize employee experience not only foster a motivated and collaborative workforce but also enjoy longer employee retention, greater productivity, and enhanced adaptability. These employees, in turn, become passionate advocates for their employer, enhancing the organization’s reputation and driving sustainable competitive advantage. Let’s explore how some of the Best Workplaces™ from our India’s Best Companies To Work For 2024 study implemented exemplary people practices to achieve remarkable business outcomes.
PepsiCo India:
PepsiCo India exemplifies a dynamic approach to embedding its core values through engaging and interactive activities. Known as “The PepsiCo Way” (TPW), these principles are reinforced through a series of games designed to resonate with employees.
For instance, the Customer Centricity Dart Game encourages participants to aim for behaviors that align with being consumer-centric, reinforcing the ‘Be Consumer Centric’ tenet. Similarly, values such as Act with Integrity, Talent and Diversity, Voice Opinions Fearlessly, Act as Owners, and Celebrate Success are celebrated through games like Throw the Ring, Hurdle’s Pathway, Suggestions Box, Leave Your Mark, and Gratitude Cards. These activities foster a cohesive and motivated workforce that is deeply aligned with PepsiCo’s core values.
By embedding these values through enjoyable and interactive methods, PepsiCo ensures that its employees not only understand but also internalize these principles in their daily work. This approach not only enhances employee engagement but also strengthens the organizational culture, making it a great place to work and driving long-term business success.
Bajaj Finance Limited:
Bajaj Finance Limited stands out with its proactive approach to understanding and addressing the financial needs of its workforce. The company offers employees the flexibility to access their salaries before the standard monthly payday, allowing them to choose between a monthly or a fortnightly payment cycle. This initiative recognizes individual financial responsibilities and builds trust by providing a tangible solution.
Furthermore, Bajaj Finance Limited eliminates probationary periods for new hires, demonstrating profound trust in their inherent capabilities. This approach reflects the company’s organizational ethos and underscores a belief in the potential and integrity of every team member. In 2023 alone, over 1,970 employees benefited from these financial flexibility options.
This commitment to financial well-being and trust in employees’ capabilities fosters a supportive and trusting work environment. Employees feel valued and respected, which in turn motivates them to contribute more effectively to the organization’s goals. By prioritizing the financial and professional well-being of its workforce, Bajaj Finance Limited creates a loyal and driven team dedicated to the company’s success.
Intercontinental Hotels Group:
Intercontinental Hotels Group (IHG) fosters a culture of recognition and accessibility through its innovative programs. The Power Ringer initiative allows colleagues to publicly recognize team members for their helpful service by ringing a bell, thereby fostering trust and camaraderie. This public acknowledgment of contributions helps build a sense of community and mutual respect among employees.
Additionally, the Power Kiosk, set up by an HR representative every Friday during tea breaks, provides employees with easy access to administrative support for queries such as salary issues or transfers, improving communication and efficiency. This regular and accessible touchpoint with HR ensures that employees feel supported and valued, addressing any concerns promptly and effectively.
These initiatives demonstrate IHG’s commitment to creating a positive and supportive work environment. By regularly recognizing employee contributions and providing accessible support, IHG ensures that its workforce remains engaged, motivated, and aligned with the company’s goals.
PGP Glass Private Limited:
PGP Glass Private Limited’s ASTITVA initiative highlights its commitment to enhancing employability within the specially-abled community. By providing training in employable skills and creating a supportive ecosystem, the Astitva Skill Centre has transformed lives and introduced a sustainable talent stream for PGP Glass and the industry.
Training company supervisors in Basic Sign Language ensures seamless communication and fosters an inclusive environment. Additionally, specially designed uniforms, dedicated weekly safety training sessions, and frequent visits by PGP Glass leadership keep learners motivated and underscore the company’s commitment to empowerment and inclusion.
This holistic approach to inclusion not only benefits the specially-abled community but also enriches the organizational culture. By embracing diversity and fostering an inclusive environment, PGP Glass creates a workplace where every individual can thrive. This commitment to diversity and inclusion enhances the company’s reputation as a socially responsible and forward-thinking organization.
Allianz Partners India:
Allianz Partners India leverages the unique Athlete Buddy Program to offer employees mentorship from Olympic and Paralympic athletes. Through six deep-dive coaching sessions, participants explore various developmental topics such as mental and physical health, growth mindset, and motivation. This program not only supports the athlete community but also provides employees with valuable insights and personal development opportunities through direct interactions with athletes.
The Athlete Buddy Program exemplifies Allianz Partners India’s commitment to holistic employee development. The organization ensures that its employees have access to a range of viewpoints and experiences that can fuel their development on both a personal and professional level by offering special mentoring opportunities. The company’s long-term success is fueled by this creative approach to staff development, which promotes a culture of ongoing learning and development.
ISS Facility Services India Private Limited:
The Innovation Roundtable initiative by ISS Facility Services India Private Limited exemplifies the company’s belief in the power of collaboration to drive positive change. Launched in 2022, this initiative brings together thought leaders from leading companies to discuss innovation and sustainability. Over 200 internal attendees participate in these roundtable discussions, learning from industry experts and exploring sustainable, innovative opportunities.
The first event, held on August 1st, 2022, focused on fostering innovation while prioritizing sustainable practices. This initiative highlights the company’s commitment to addressing global challenges through collaborative efforts. By bringing together diverse perspectives and expertise, ISS Facility Services India Private Limited fosters a culture of innovation and sustainability that benefits both the company and the wider community.
Iris Software:
Iris Software has established a “Community of Practitioners” (CoP) initiative, serving as a central hub for employees’ technical needs. This platform fosters knowledge sharing and enhances client service through peer-to-peer learning. The program offers various resources, including case studies, success stories, and articles on technical subjects such as cloud computing, AI, and software development.
Since its inception in April 2023, the CoP has conducted 39 webinars covering a wide range of technical areas. Enthusiasts of all levels can expand their horizons, refine their skills, and stay updated on emerging technologies through this initiative.
The CoP initiative demonstrates Iris Software’s commitment to continuous learning and professional development. Through the provision of a collaborative and knowledge-sharing platform, the organization guarantees that its staff members stay abreast of technical developments. This dedication to professional development improves the company’s capacity to provide its clients with creative solutions and first-rate service.
Conclusion
The Best Workplaces are those that prioritize their employees’ experiences and well-being. From engaging activities and financial flexibility to inclusive practices and innovative initiatives, these organizations demonstrate a commitment to their workforce that goes beyond the ordinary. By fostering a motivated, collaborative, and inclusive environment, these companies not only achieve positive business outcomes but also create a sustainable competitive advantage.
These exemplary best people practices highlight the importance of investing in people. Whether through interactive games that reinforce core values, flexible financial options that build trust, recognition programs that celebrate contributions, or inclusive initiatives that empower diverse communities, these companies show that putting people first leads to success.
To learn more about these exemplary best people practices and how they contribute to business success, download the full report.
