IndiaFirst Life Insurance, a joint venture between two public sector banks – Bank of Baroda and Andhra Bank along with UK’s leading risk, wealth and investment company Legal & General, was ranked amongst the top 100 Great Places to Work for in India. The survey was conducted by the Great Place To Work Institute India.
“People form the bedrock of our business. We encourage our employees to think new, be honest, be helpful and do more. We don’t think we can establish the culture of a Company by merely laying rules and policies. While rules are important, it’s much better to go beyond the rules” said Dr. P, Nandagopal, MD & CEO, IndiaFirst Life.
Other prominent feedback that emerged from the study is perception around fairness in IndiaFirst Life is similar to that of India’s Top 50 companies to work for. There was also a high positive perception on retention indicators and organization responsiveness.
“I am glad that we all feel that IndiaFirst is a Great Place to Work. This is not just a life insurance company; but a group of people who believe in creating a fair work culture that is result oriented, offering individuals a wholistic and self-fulfilling career option. Genuine care for our colleagues, open channels of communication and a completely de-layered structure are some of the cornerstones of our success” said Subhash Menon, Head – Employee Care.
In its tenth year, India’s Best Companies to Work for Study – 2013, the largest study on workplace culture, attracted participation from around 550 organizations spanning across 22 industries. Great Place To Work® Institute India surveyed 98,998 employees as part of this research and conducted an in-depth analysis of people practices and their efficacy in all participating organizations. Hundred best workplaces are being recognized for the first time this year.
