DQ Empex Score: 71.9 Head
office: Bangalore Employees: 635
Even in those times that IT professionals used to
make their money and run, the average tenure of a Compaq techie was four
years, second only to the six-year average enjoyed by TCS. However, apart
from software professionals, this includes professionals involved in
hardware and systems maintenance, typically slower at job-hopping than
software development professionals.
Compaq employees are a satisfied lot, with the company topping the
overall satisfaction rating. Not only are employees satisfied themselves,
but are also convinced about the high satisfaction levels of their
colleagues (Compaq tops on perception of peer satisfaction as well).
This is significant as in the case of other companies, the results have
shown that though employees believe that their colleagues are happy, they
themselves are unhappy and vice versa. The fact that employees have
expressed contentment with the quality of professionals within the company
also indicates good interpersonal relationships within the organization.
Compaq ranks high on the performance appraisal system as well.
Another driver of employee performance is the fact that a third of
Compaq employees are eligible for a half-yearly salary appraisal. Compaq’s
appraisal policy is comparable to Philips (71% of employees) and Zensar
Technologies (43.7%) of employees are eligible for half-yearly salary
reviews. This is significant, considering that others like IBM, I-flex and
Pentamedia do not conduct half-yearly salary appraisals.
What Compaq gains in a good retention rate, compensation and company
image, it loses in ESOP eligibility criteria and opportunities for
overseas assignments.