Piramal Finance Limited Recognised Amongst Top 10 India's Great Mid-size Workplaces by Great Place to Work Institute

5 Dariya News

Mumbai, Maharashtra, India 07-Aug-2017

Piramal Finance Limited (PFL), a subsidiary of Piramal Enterprises Limited has been recognized as one of India’s Top 10 Great Mid-size Workplaces, 2017. The annual reputed survey that is conducted by Great Place to Work Institute has ranked Piramal Finance 4th for the MSME category over 650 organisations who participated in the survey this year.For over 25 years, Great Place to Work® has been conducting pioneering research on the attributes of workplaces and is considered the benchmark for assessing and certifying great workplace cultures. Organisations make an effort to build trust and create an environment that delivers outstanding business performances. Over time, Great Place to Work has been distinguishing organizations’ efforts to make workplaces employee friendly and create a strong culture with employee value proposition.Piramal Finance Ltd. has embarked on a comprehensive HR Transformation Journey through many efforts, one such effort is implementation of SEEDS (strategy for employee engagement & development support). SEEDS is a comprehensive research driven, collaborative HR strategy (covering the entire spectrum of HR) chalked out to meet the 2020 goals of the organisation. 

Piramal Finance was given the prestigious honour based on the annual Trust Index© by Great Places to Work’s employee assessment survey of 650 participating organizations in the MSME category, across the country.Khushru Jijina, Managing Director, Piramal Finance Limited, said “At Piramal Finance, employees come together as a family, to work in the best interests of our organization. Piramal Finance has charted successful territories and paved new paths in the last few years, built on the foundation of unwavering commitment of our employees to this family. This award is a testament to the passion and dedication of our employees, in tandem with our constant efforts to enable a truly empowered work culture based on strong values.”The survey analyses companies on a host of dimensions such as credibility, respect, fairness, pride and camaraderie. It also measures the company on factors including employee engagement, trust, work-life balance, career development, and rewards & recognition.Piramal Finance Limited exceeded survey benchmarks across several areas covering innovation, diversity and workplace environment. 

98% of employees participated in the survey and rated Piramal Finance in the following areas:

93% employees felt pride in the company and looked forward to coming to work

95% agreed to a strong sense of family and community in the organization – camaraderie

96% of employees believe in the integrity of their management and that it is honest and ethical in its business practices