High Scores | ||
"Strongly agree" | ||
Score | Industry Rank | |
Regular and constructive feedback | 95.3 | 3 |
Exciting growth opportunities | 93.3 | 3 |
Managers care for professional and personal growth | 92.8 | 2 |
agree"
agree"
Rolta's overall image with employees is its biggest asset, with carefully designed jobs, good mentoring efforts, adequate training and high increments
Low brand equity and some dissatisfaction over compensation. Nearly 75% of the respondents felt that pay was below industry average
The 23-year-old Mumbai-based CAD/CAM and GIS solution provider has one of the
lowest attrition rates in the industry. It is ranked #2 in terms of retention,
just behind Moser Baer. Increments offered at Rolta this year were also higher
than the industry average. Its average salary increment was to the tune of
nearly 21%-a good 3 to 5 points higher than the average industry hike during
the same period. However, the HR front suffered a little and the company
occupied the ninth slot in the overall HR scorecard.
|
Rolta made significant gains on employee satisfaction this year. With over
3,000 employees on its rolls (making it a tenth of Infosys' size), Rolta's
employee challenges are far lower than those of industry's giants. Another
critical factor that works in its favor is its highly specialized domain
operation.
Surprisingly, alleged financial irregularities during the first half of last
fiscal and a modest 8% topline growth in FY 2004-05 did not play on its employee
morale. In all, a consistent performance on most of the employee satisfaction
parameters.
However, there seems to be some dissatisfaction in terms of compensation.
Rolta has also been performing rather poorly on perception over the past two
years: In 2004, only 34% of its employees rated it as their most preferred
company and in
2003, it was only 29%. This year Rolta has managed to retain its internal image,
with over 34% of its existing employees naming it the company of their dreams.
Branding is one area that Rolta still needs to work on.