Eleven of the top 15 Best Companies to Work for in India are information technology companies, according to a joint study conducted by Mercer and Business Today.
Global software giant Microsoft pipped domestic IT giant Infosys, which slipped the ranks, to emerge as the best company to work for in India. Two companies — domestic IT major Satyam and global banking giant HSBC — have moved out of the list this year.
Although high levels of remuneration and open communication were cited as key drivers of engagement by surveyed employees, interesting work, ‘challenging’ targets and growth and development opportunities emerged as the key differentiators between the best employers and other participating companies.
The best employers in India have invested in world-class HR processes and policies and seem to have a clear understanding of employee aspirations. Leadership development, internal transfers, global opportunities, mentoring, two-way communication and reward systems has emerged as a common thread in the top 15 companies.
Founded in 1975, Microsoft is the worldwide leader in software for personal and business computing. The company offers a wide range of products and services designed to empower people through software — any time, any place and on any device.
Microsoft Corporation India Private Ltd is a subsidiary of Microsoft Corporation USA. It has presence in India since 1990 and currently has offices in twelve cities – Ahmedabad, Bangalore, Chandigarh, Chennai, Hyderabad, Indore, Kochi, Kolkata, Mumbai, Nagpur, New Delhi, and Pune.
The company which spends nearly $7 billion annually for product innovation and research has two research centres in the country located at Hyderabad and Bangalore.
The Hyderabad centre, established as early as 1998 and known as Microsoft India Development Center (MIDC), has nearly 1,400 developers, who are working on more than 50 different Microsoft projects.