Hewitt Associates [NYSE: HEW], a global human resources management and outsourcing company, today announced the launch of the 6th Hewitt Best Employers in India 2009 study. This is a part of the Hewitt Best Employers in Asia 2009 study conducted across key countries in Asia including Australia and New Zealand, China, Hong Kong, Japan, Korea, Malaysia, Singapore, and Thailand.
The 2009 study will explore new trends and factors that are impacting human capital management in Indian Inc and will delve into factors such as how workplace diversity, the synergies of employee personal values and corporate values contribute to making Best Employers. Research aspects including organizational culture, talent scarcity, part time and casual employment, the use of contractors, perceptions of corporate responsibility and gender-based diversity make this study relevant to trends and developments in the market today.
According to Mr. Vishal Pandit, Market Manager India and Middle East, Hewitt Associates "When Hewitt conducted the inaugural Hewitt Best Employers in India study back in 2001, we were eager to understand how some companies became regarded as significantly better places to work. But during the course of our studies, we unearthed what many believe to be a more significant finding: Best Employers actually deliver better business results than others. As such, the data and analyses have evolved into one of the most important studies in the region when it comes to finding out what drives business growth."
"Our studies have shown that Best Employers attract nearly Five times more talent and are able to achieve 35 per cent higher employee retention rates. The 2009 study will see the introduction of some exciting and new research initiatives and we believe this will be the largest ever survey of the values of Indian employees." Mr. Pandit added.
What sets this study apart from others is the unique, rigorous and time-tested methodology conducted over a period of minimum Nine months. This also makes the Hewitt Best Employers study one of its kind globally. The study procedure involves surveying the participating organizations using Three instruments developed by Hewitt: the Employee Opinion Survey (to gauge the level of employee engagement and gather information on employee perceptions of their work environment), People Practices Inventory™ (to gather information about philosophies, practices, and policies that influence the management of people) and CEO questionnaire, followed by ‘blind' judging by external jury panel. All judging is "blind" in that each set of organizational data is assigned a code and the judges don't know the company name until after their decisions are made. Eventually, organizations that are able to demonstrate a high level of employee engagement and a strong alignment of their people practices with their business strategy are selected by the jury members as the Best Employers. In conducting The Best Employers study, Hewitt ensures complete confidentiality of participating organizations and their data.
The Hewitt Best Employers in India 2009 will be selected by an independent judging panel comprised of leading academics in India and a number of recognized business leaders. Details of these partnerships and judging panels will be announced in the coming months.
The study is open to all organizations in India that have been established for a minimum of Two years and employ not less than 100 employees. Organizations with an interest in participating in the study can either contact Hewitt Associates at 022-40345000 or submit their application through the official website at www.bestemployersindia.com, or by sending an e-mail to bestemployersindia@hewitt.com. The results of the study will be released in March-April 2009, where survey's key findings will be highlighted.
For further information you may visit : http://was7.hewitt.com/bestemployers/asia/english/
hewitt_be_india2009.htm
About Hewitt Associates:
For more than 65 years, Hewitt Associates (NYSE: HEW) has provided clients with best-in-class human resources consulting and outsourcing services. Hewitt consults with more than 3,000 large and mid-size companies around the globe to develop and implement HR business strategies covering retirement, financial and health management; compensation and total rewards; and performance, talent and change management. As a market leader in benefits administration, Hewitt delivers health care and retirement programs to millions of participants and retirees, on behalf of more than 300 organizations worldwide. In addition, more than 30 clients rely on Hewitt to provide a broader range of human resources business process outsourcing services to nearly a million client employees. Located in 33 countries, Hewitt employs approximately 23,000 associates. For more information, please visit www.hewittasia.com.
Highlights of the Hewitt Best Employers 2007-2008 Study
- 750 organizations and over 160,000 employees represented their 1.5 million colleagues in APAC
- Over 230 companies from 18 industry verticals participated in the 2007 Best Employers in India study, and over 44,000 employees represented their 1 million colleagues in India
- The Best Employers in India 2007 list included:
- Aditya Birla Group
- Satyam Computers Services Limited
- Marriott Hotels India
- Eureka Forbes Limited
- Cisco Systems (India) Private Limited
- Godrej Consumer Products Ltd.
- Agilent Technologies Ltd.
- Standard Chartered Scope
- Aditya Birla Group
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