Ujjivan has 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”.
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.