India’s 10 best employersECONOMICTIMES.COM
Hindustan Zinc, Taj Hotels Resorts and Palaces, ITC-Welcomegroup, and LG Electronics India are among India’s 25 best employers, according to a recent study by Hewitt Associates. Hewitt, in its sixth 'Best Employer in India Study 2009' in partnership with magazine Outlook Business, has enlisted these companies, led by HCL Technologies, which provide the best working environment for employees.
The study states that despite wide variance in industries and company profiles, the firms share some common winning traits such as alignment of people practices to the overall business strategy of the firm and an environment which creates a positive employment experience even in challenging times.
Here we take a look at the nation’s 10 best employers:
HCL Technologies is a leading global IT services company. Since its inception into the global landscape after its IPO in 1999, the company focuses on 'transformational outsourcing', and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO.
HCL Technologies, along with its subsidiaries, had consolidated revenues of $ 2.0 billion (Rs 8,974 crore), as on December 31, 2008.
• India's 25 best employers
Name: HCL Technologies Rank: 1
Market cap: Rs 7,465.86 crore (Rs 74.66 billion)
Chairman and chief strategy officer: Shiv Nadar
What it does: HCL Technologies is a leading global IT services company. It offers an integrated portfolio of services, including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO.
Name: Hindustan Zinc Limited
Rank: 2
Market cap: Rs 20,406.75 crore (Rs 204.07 billion)
Chairman: Agnivesh Agrawal
What it does: Hindustan Zinc is a vertically integrated company with mining and smelting operations located mainly in Rajasthan and Andhra Pradesh. It is one of the world's largest integrated zinc and lead producers.
Name: Taj Hotels Resorts and Palaces
Rank: 3
Market cap: Rs 312.25 crore (Rs 3.12 billion)
Managing director and CEO: Raymond Bickson
What it does: Recognised as one of Asia's largest and finest hotel company, Taj Hotels Resort and Palaces comprises more than 60 hotels in 45 locations across India with an additional 15 international hotels in the Malaysia, United Kingdom, United States of America, Bhutan, Sri Lanka, Africa, the Middle East and Australia.
Last year, the group's heritage hotel in Mumbai faced a terrible terrorist attack. During this crisis, its staff won accolades for putting their guests' safety and comfort first, at times even at the cost of their own lives.
Name: Cisco Systems
Rank: 4
Revenue, as of 2008 : $39 billion
Chairman and CEO: John T Chambers
What it does: Cisco hardware, software and service offerings are used to create Internet solutions that make networks possible. It was founded in 1984 by a small group of computer scientists from Stanford University.
Since the company's inception, Cisco engineers have been leaders in the development of Internet Protocol-based networking technologies. Today, it has more than 67,647 employees worldwide.
Name: ITC -- Welcomgroup
Rank: 5
Worth: Rs 2,300 crore (Rs 23 billion)
CEO: Nakul Anand
What it does: ITC entered the hotels business in 1975 with the acquisition of a hotel in Chennai, which was rechristened ITC Chola. Today, ITC-Welcomgroup has over 90 hotels in 77 destinations.
Despite the downturn, the company isn't lowering growth projections or reducing its workforce. In fact, it plans to double the number of rooms in its luxury hotels to 5,000 in the next three years.
More @ http://specials.rediff.com/money/2009/apr/08sd6-indias-top-25-best-employers.htm
http://economictimes.indiatimes.com/quickiearticleshow/4383308.cms
SOurce: ET,Rediff
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