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Edenred Announced 'India's Best Companies for Rewards and Recognition 2013'

By SiliconIndia   |   Tuesday, February 26, 2013
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Mumbai: Edenred- The International leader and India’s foremost organization in work-life benefits, rewards and loyalty solutions, in partnership with Great Place To Work Institute has announced the second edition of the distinguished study 'India's Best Companies for Rewards & Recognition 2013'. This study is India's only comprehensive and in-depth benchmarking initiative, which aims to honor business organizations with exceptional practices, in the area of rewards and recognition.
'India's Best Companies for Rewards & Recognition', is the country's first-ever study recognizing the best practices in rewards and recognition and was established in 2012. In its first edition, 76 companies from 11 industries like IT / ITES, BFSI, FMCG, Pharma, Manufacturing, etc nominated themselves for the study. Based on the survey data taken from more than 13000 employees and HR managers from across companies, the rankings formed the largest annual study honoring excellence in the Rewards & Recognition space.
TPG Software India topped the list of 'India's Best companies for Rewards and Recognition' last year. Intuit Technologies India and American Express India were ranked and recognized amongst the top three winners. In addition to these top three winners, Intel Technology, Qualcomm, Music Broadcast, Reliance Commercial Finance, SAP Labs, JM Financial Services and Aditi Technologies were recognized in the top 10 list of 'India's Best Companies for Rewards and Recognition- 2012'.

“'India's Best Companies for Rewards & Recognition’ study is a unique platform for recognizing organizations for their exceptional employee rewards and recognition practices. Today, the changing dynamics of human capital has triggered companies to promote structured and transparent rewards and recognition practices. The winners of the first edition have set a benchmark. With our study, we are looking forward to discover and honor the distinguished rewards and recognition philosophies of the companies,” as told by Sandeep Banerjee, CEO and Managing Director, Edenred, India, speaking on the second edition of the study.

“This study enables us to identify exemplary practices in the areas of reward and recognition from the best workplaces which differentiate them from other organizations and motivate their employees to give their personal best. We are committed to assisting more organizations build high performance cultures by sharing our insights from our research as the study grows year on year,” as stated by Prasenjit Bhattacharya, CEO Great Place to Work Institute, India.

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