How We Prepared The Rankings
Great Place to Work® Institute invites applications from BFSI organizations to be assessed and evaluated for being considered among ‘India’s Best Workplaces in BFSI’ study
Photo Credit :
Every year, more than 10,000 organizations from over 58 countries partner Great Place to Work® Institute for assessment, benchmarking and planning actions to strengthen their workplace culture. Great Place to Work® Institute’s methodology is recognized as rigorous and objective and is considered as the Gold Standard for defining great workplaces across business, academia and government organizations.
Great Place to Work® Institute invites applications from BFSI organizations to be assessed and evaluated for being considered among ‘India’s Best Workplaces in BFSI’ study. This year 69 organizations applied for the assessment and the Institute conducted a rigorous assessment to understand their workplace culture and identify the 20 best in the sector.
As part of this assessment, the organizations are studied through two lenses. The first lens measures the quality of employee experience through our globally validated survey instrument known as Trust Index©. The survey helps in seeking anonymous feedback from employees and carries 2/3rd weightage. The second lens is called Culture Audit©, which is a proprietary tool of the Institute that evaluates the quality of people practices of an organization, covering the entire employee life-cycle. This carries 1/3rd weightage. The Institute undertakes a robust validation process on the data gathered through the assessment process and also validates that the organization is a 'Great Place to Work FOR ALL' i.e all employees irrespective of their age, tenure, role, gender, etc. in the organization are having a consistent experience in the organization. The cumulative score of Trust Index© and Culture Audit© determines an organization’s inclusion in India’s Best Workplaces: BFSI 2019. No individual or jury has a say in who makes it to the list – only employee feedback and quality of people practice determine if an organization is a great workplace. These are published in alphabetical order.