IndiaFirst Life Insurance, a joint venture between two public sector banks - Bank of Baroda and Andhra Bank along with UKâ€™s leading risk, wealth and investment company Legal & General, was ranked amongst the top 100 Great Places to Work for in India. The survey was conducted by the Great Place To Work Institute India.
â€śPeople form the bedrock of our business. We encourage our employees to think new, be honest, be helpful and do more. We donâ€™t think we can establish the culture of a Company by merely laying rules and policies. While rules are important, itâ€™s much better to go beyond the rulesâ€ť said Dr. P, Nandagopal, MD & CEO, IndiaFirst Life.
IndiaFirst has also been ranked amongst the top 5 Best Companies for Flexibility and Work Life Balance.
Other prominent feedback that emerged from the study is perception around fairness in IndiaFirst Life is similar to that of Indiaâ€™s Top 50 companies to work for. There was also a high positive perception on retention indicators and organization responsiveness.
"I am glad that we all feel that IndiaFirst is a Great Place to Work. This is not just a life insurance company; but a group of people who believe in creating a fair work culture that is result oriented, offering individuals a wholistic and self-fulfilling career option. Genuine care for our colleagues, open channels of communication and a completely de-layered structure are some of the cornerstones of our successâ€ť said Subhash Menon, Head - Employee Care.
In its tenth year, Indiaâ€™s Best Companies to Work for Study â€“ 2013, the largest study on workplace culture, attracted participation from around 550 organizations spanning across 22 industries. Great Place To WorkÂ® Institute India surveyed 98,998 employees as part of this research and conducted an in-depth analysis of people practices and their efficacy in all participating organizations. Hundred best workplaces are being recognized for the first time this year.
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