RANK 3: Wipro The Big Leap

Wipro will probably celebrate. After a fairly dismal performance last year
for a company in its league, it made a big jump up the rankings–from number 8
to number 3. And there’s one reason–it improved internal HR processes and
indicators. This is the only company among the Top 5 where the HR Score (that
comes from company indicators) is higher than the Employee Score (which comes
from employee responses).

Effects of Recession Reduction in perks: 100% Increase in work load: 85.7% Reduction in tour entitlement: 85.7% Strengths Good performance on attrition and retention Training focus remains high Peer satisfaction looks up Weaknesses Comparatively low perks and benefits Fewer Wiproites name it their dream company Overall satisfaction low for a Top 5 company Staff most satisfied with... Company image and technology Training and development Staff least satisfied with... Interpersonal relationships, compensation Performance appraisal system

Some of this was driven by damage control after 280 people were laid off
under the company’s "Bottom 5%" policy, which led to a significant
fall in morale. Now, Wipro says the severance policy is only selectively
practiced, non-performers are given two years to pull up their socks, and
outplacement is attempted as a last recourse. Also, the company has some fairly
intricate HR processes that includes a 360-degree survey for identifying what
the company calls "Wipro Leaders"; a talent review and planning
process that identifies top 10% of the talent, and the "talent at
risk".

This year’s figures for the company, however, are a mixture of good news
and bad. The good news–it came second only to Infosys in the ‘Preferred
Company’ rankings, with 6.8% of all respondents voting for it as their dream
company. The bad news–that’s down from 12.5% last year. The good news–50%
of its own employees voted for it as their dream company. The bad news–that’s
down from 79% last year. Among those Wiproites who didn’t vote for their own
company, 21.4% preferred Microsoft and 17.9% said Sun Microsystems.

However, attrition and retention improved, average tenure was slightly above
the industry average at 3.4 years and training ratings went up (ranked 4th).
Overall satisfaction levels were still not too high (rank 7th), though employee
perception of peer satisfaction was higher (ranked 4th). Relationship management–both
within and without–has traditionally been Wipro’s strength. That took a
beating last year, looked up somewhat this year, but numbers show that there may
still be some way to go.