Bengaluru has been ranked as the most popular location for IT companies in the second annual list of ‘India’s Best Companies To Work For in IT & ITeS, 2016’. The list was compiled by The Great Place To Work Institute, which assessed 145 top IT firms based on employee perceptions and an audit of company practices.
The study found that the city accounts for the headquarters of nearly one-quarter (24%) of the best workplaces this year, including Happiest Minds, Intuit, Cisco, Salesforce and EMC India. Bengaluru is also the base for 21% of the companies assessed by the study. Bengaluru, Noida, Chennai, Mumbai, and Gurgaon together account for more than three-fourths (76%) of the best companies in IT & ITeS, according to the study.
Overall, unique benefits, work-life balance and fair pay were found to be the foundations for a superior employee experience.
Among startups, firms with less than five years of operation, it was found that they offered a far superior experience in all areas covered in the survey compared to more established organisations. Top three areas were celebrations at work, tolerance to mistakes and accessibility of managers.
Employee engagement in the study is measured through a Trust Index and Culture Audit. Employees at the participating companies anonymously complete the Trust Index measuring their levels of trust in terms of 5 dimensions: credibility, respect, fairness, pride and camaraderie.
Feedback captured through this Index carries a 2/3rd weight. The remaining 1/3rd of the score is derived from the Culture Audit, a questionnaire seeking to understand the company’s policies, processes and overall values.
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