Bes Top 20: L&T; Infotech: Rewarding Well

After its rather impressive debut in the last survey, L&T Infotech did not manage to maintain its position. Even though the company continued with the policies that brought it to the forefront, its ranking showed a dip of 5 positions. With the advantage of the inherent skills gathered from its parent company, L&T Infotech managed to make work place a good experience.

The company strengthened its employee engagement framework, whereby employees can voice their concerns at an engagement survey that takes place every 6 months. This enabled to control attrition to a great extent as the company was able to tackle employee related issues in time. Even the career development framework for every employee has been chalked out that has made the road ahead clear for every employee. Thus, helping them hone their skills and tab on their growth and provide inputs on a regular basis.

Through Employee Motivation Award/Spot Award employee efforts are rewarded on a regular basis. Even the freedom given to business units to award deserving employees is one such good measure apart from the organizational awards. With the senior management rewarding its juniors for their efforts, it has transformed into one of the strengths of the company. Even Special Retention Bonus was awarded on a regular basis. Apart from the rewards, even the appraisals were done in accordance to industry standards, which is one of the strengths of the company.

In order to ensure employee growth, training was provided at regular levels, for example, to hone competency and behavioral skills. New joinees are trained before they take on the responsibilities of their functions. While there are special training programs for employees at the leadership level, there are even programs to encourage leaders to become trainers. The company is set to launch a project academy to nurture talent. Even an MBA equivalent course is a course specially designed for on-site employees. Senior employees are trained to take on the responsibilities related to training programs under the initiative Talent Guru. Training is one of aspects that has been given a lot of importance and has even been ranked at #6 on the parameter.