Chennai: Tech companies seem to be paying more attention to maintaining an ecosystem that allows employees to experience a work-life balance and being healthy at work. Or at least, that’s what a new corporate ranking based on ensure employee health and wellness initiatives seems to say.
Be it setting up onsite clinics, giving out memberships to health clubs, involving family members in community events, introducing organic and healthy food options on campus, holding health days to encourage employees to participate in marathons, tech companies seem to have taken the lead.
The Chestnut Global Partners employee health and wellness rankings by Chestnut Global Partners (CGP) India Pvt Ltd and the Society for Human Resources Management India (SHRM) revealed that eight out of 10 companies in its top 10 list was a technology firm. The national list features companies with workforce ranging between 150 and 73,000 across business domains.
“The rationale behind instituting the first-ever ranking in employee health and wellness category was to inculcate a culture of employee health awareness amongst corporates in India,” said Mr Nobby Nazareth, MD, Chestnut Global Partners India Pvt Ltd.
While FMCG major Procter and Gamble tops the ranking, Citi Group, SAP Labs India, Hewlett Packard India, Happiest Minds Technologies, Tech Mahindra, Visual IQ 7, Multi Screen Media. Fiserv and Atul Ltd follow in that order.
“We believe that strategically planned roadmap when executed by organisations can go a long way in creating an eco-system that allows employees to experience a work-life balance and being healthy at work,” he added.
Health and wellness is now at the core of employee initiatives, with corporates generously allocating a large part of HR budgets and time towards this area, said Ms Achal Khanna, CEO, SHRM India. “While the business outsourcing industry drove these initiatives in the past, we now see a greater adoption of these practices across industries,” she added. India Inc is witnessing a paradigm shift when it comes to the way they look at managing employee health.
Indian corporates have transitioned from introducing single welfare initiatives for employees to strategically planned employee assistance programmes.
With youth forming a majority of IT workforce and millennials contributing about 30 per cent of leadership in most companies, tech companies as HCL has come up with gamification, sustanaibility, culture connect and a host of other initiatives.
“We have introduced several initiatives to control attrition further, notably our staggered rewards process puts in place to recognise our top performers and motivate people as a whole,” said a senior HR official of HCL.
