E4e witnessed a huge fall of nearly 10 points in its Empex score. Result: its
overall ranking took a severe beating, down from #2 last year to #6 this year.
The fall in rank should not mean that e4e has stopped taking care of its
employees. It continued to focus on employee friendly initiatives and even
scored well in many parameters like job content, salary, and work-culture. Many
employees also felt excited about the growth opportunities within the
organization. Most of them were satisfied with the perks and benefits given too.
Employees even admitted that the company encouraged them to take risk in the
work they are doing. E4e attributes this to providing opportunities to employees
to showcase their creativity and, therefore, contribute to the company.
e4e Business Solutions |
Rank - 6 |
|
Naresh Vassudhev, |
To continue the fairy tale, most employees at e4e are not even overtly
stressed with their work. The fun-at-work model, flexible work time policy, and
provision to work from home seem to be motivating employees.
However, it would be naive to assume that everything is hunky dory,
especially when e4e slipped significantly on the overall ranking. There are
contradictory signals emanating from employees: while some employees are
thriving on a stress-free environment, a few disgruntled souls pointed out job
fatigue and lack of work life balance for employee attrition. Recruitment of
skilled workforce, within a relatively short time frame, has therefore become a
grave challenge.
Other reasons for e4es low ratings include its corporate governance
initiatives, the prevailing work culture and the appraisal system. Naresh
Vassudhev, senior director, HR however claims that the company follows a very
robust appraisal system.
As part of the new HR strategy, company-wide competency mapping exercise was
also introduced for identifying key competencies of individuals. The company
doesnt follow a hierarchical model and has a specialized mentorship program
where three or four employees are assigned as mentors.