Coforge receives Great Place to Work Certification for second consecutive year; stock climbs ~2%

25 Jul 2022 , 12:04 PM

Coforge Limited, a global provider of digital services and solutions, has been awarded the prestigious Great Place to Work Certification in India for the period July 2022-July 2023.

The company has been Great Place to Work-Certified for the second year in a row.

The Great Place to Work Certification is given to companies that have best-in-class people practices and provide exceptional employee experiences. The assessment is based on the Great Place to Work Institute’s Great Place to Work Model, which includes the Trust Index Survey and the Cultural Audit, with a minimum of 70% positive responses required for the survey.

Great Place to Work used the rigorous Great Place to Work Trust Index Employee Survey to assess employee perceptions among 5000 Coforge employees.

Coforge received the highest score in ‘Pride,’ one of the survey’s five core parameters, indicating an employee’s pride in their job, team or work group, and company. This was followed by ‘Respect for People,’ which represents how an employee feels respected by the levels of support, collaboration, and care demonstrated by management’s actions.

Coforge also performed exceptionally well in the dimensions of ‘Credibility of Management,’ ‘Camaraderie among People,’ and ‘Fairness at Workplace.’

According to the Institute’s research, great workplaces are distinguished by strong leadership, a consistent employee experience, and long-term financial performance. These organizations are capable of providing a consistent experience to all of their employees, regardless of their role, gender, tenure, or level. Their leaders have faith in the vision of creating and sustaining a Great Place to Work FOR ALL, as well as role models who are ‘FOR ALL’ leaders.

At around 12.07 PM, Coforge was trading at Rs3,801, up by 2% against previous close of Rs3,726.45 on NSE.