Among top 15 of India’s Best Companies to Work For
Ujjivan ranked Number 1 for the second time, as the Best Company to Work for in the Microfinance Industry, in the 2011 “India’s Best Companies to Work for” Survey. Ujjivan was also ranked amongst the Top 15 Best Companies to Work for, in the country.
The 2011 survey was conducted based on best practices and employee feedback by the Great Place to Work® Institute (India), in collaboration with The Economic Times, across companies in India, spanning various sectors and sizes, and including domestic players as well as MNCs. More than 500 companies signed up for this year's survey, of which 471 met the strict eligibility criteria. A total of 67,000 employees across 20 sectors went on to participate. The results give a first-hand feel of workplace culture from an employee perspective.
Top ranked companies in the survey were chosen based on criteria such as flexible working hours, fun at work, systematic career development, and work-life balance.
Samit Ghosh, Managing Director, Ujjivan congratulated the Company’s associates on winning the coveted award and said, “At Ujjivan all our employees are passionately committed to our mission to provide financial services to the poor and are excited to turn this into reality. We believe that we can deliver outstanding financial service to our customers only when our employees have a great place to work. We are thrilled that we have reached the top 15 companies to work for in India in such a short space of time”.
Ujjivan is committed to building a company which is best in class in all aspects: customer service, innovation, efficiency, work place engagement, leadership, and governance.
Vittal Rangan, Head of Human Resources at Ujjivan received the award at the function and said “Microfinance is a people-centric industry. Being ranked number one in the industry for the second time is a huge honour and showcases our commitment to build Ujjivan as a strong organization known for its values and culture. The credit for this distinction goes to our outstanding employees and our respectful customers”.
The survey evaluated and compared organizations on various work place related parameters like credibility of leadership, respect for individuality and contribution, fairness and transparency in all practices and processes, camaraderie and a sense of belonging. First hand information was acquired from employees and the leadership team alike; organizations that passed through stringent evaluation criteria secured their position in the coveted list.
The Great Place to Work® Institute (GPWI) is a pioneer in studying and recognizing best workplaces around the world. For over 20 years and in more than 40 countries, GPWI has been conducting studies to identify and understand great workplaces. It is one of the most acclaimed HR studies worldwide.
Each year, it produces the Fortune’s 100 Best Companies to Work For® list and UK’s Best Workplaces list published by The Financial Times. It also produces a list of 100 Best Workplaces for the European Consortium published by The Financial Times.
In India, the Great Place to Work® study is in its 7th year and is being conducted by GPWI India in partnership with The Economic Times (www.economictimes.com). The study is being formally called the “Best Workplaces in India” Study, 2011.
