HCL Technologies certified as one Britain’s Top Employers
Global IT services provider receives award for the fifth consecutive year
London – 5th April 2011 – HCL Technologies, a leading global IT services provider, has been certified by the Corporate Research Foundation (CRF) Institute as one of Britain’s Top Employers for 2011. The CRF Institute announced the leading organisations at its awards dinner last night at The Landmark Hotel in London, in recognition of the organisations that have met the highest standards of HR. The Institute aims to identify the front-runners in HR management.
Global IT powerhouse HCL Technologies achieved five stars in the Company Culture and Primary Benefits, due to its innovative “Employees First” philosophy. By giving staff support, knowledge, recognition, empowerment and transformation, HCL ensures its employees are excelling professionally and contributing to the company’s growth. This is the 5th time in a row that HCL Technologies has been awarded as one of Britain’s Top Employers and recognised for its transformational practices and policies based on their Employees First, Customers Second principles.
The certification is based on independent research done by the CRF Institute and audited by management consulting group Grant Thornton, which has validated that HCL Technologies has outstanding HR policies and offers excellent working conditions. 58 organisations were certified in this year’s Britain’s Top Employers project and companies were judged on the basis of their scores in these HR-related areas: Primary Benefits, Secondary Benefits Working Conditions, Training and Development, Career Development, and Company Culture.
"The combination of an aging workforce, the economic recovery, and staff shortage in certain industries is making employers increasingly aware of the importance of selecting and retaining the right people and making sure they come to work every day feeling motivated and engaged,” says Steven Veenendaalr, CEO of the CRF Institute. “The 58 certified organisations have put the welfare of their employees at the top of their list of priorities and are doing exceptionally well in offering their employees the best working conditions. You will see that translated in the long-term sustainability of these companies."
The CRF Institute has 20 years’ experience in supporting organisations in creating genuine and differentiated employer brands. The Britain’s Top Employers project is a unique combination of HR policy-based research, certification and promotion. All participants have completed a comprehensive research programme called the HR Best Practices Survey, designed to give deep insights into a company’s performance across 11 key areas of HR practice.
Rajiv Govil, Head of HR, HCL Europe, said: “Enabling transformation in employees leads to value creation for all stakeholders,” said. “There are three key attributes that drive our behaviour and policies, namely trust, transparency and flexibility. Emphasising these attributes are the egalitarian principles on which the company is run. Regardless of the level that at employee might be on, they always come first of mind within our organisation. The whole intent of Employees First, Customers Second is to do everything we can to enable employees to create the greatest possible value. A major attraction is the spirit of entrepreneurship and the flexibility in the system if someone has an idea – to improve a process, for example – the ethos is ‘go for it’ - and people do.”
For further details on all the certified companies, log onto Britain’s Top Employers’ website www.britainstopemployers.co.uk and the Daily Telegraph microsite www.telegraph.co.uk/britainstopemployers.
Notes to editors:
- The CRF Institute is the independent organisation behind the Top Employers projects. Since 1991 the CRF Institute has developed its proprietary methodology, research and deliverables. It has grown into an international organisation with operations in 12 countries on three continents. The CRF Institute’s mission is to inspire top employers to stand out
- The CRF Institute is active in the UK, Belgium, China, Denmark, France, Germany, Italy, the Netherlands, Poland, Spain, South Africa and Switzerland. It has certified more than 2,500 organisations since 1991
About HCL Technologies
HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on ‘transformational outsourcing’, underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and RD services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare. HCL takes pride in its philosophy of ‘Employee First’ which empowers our 72,267 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 3.1 billion (Rs. 14,101 crores), as on 31st December 2010 (on LTM basis). For more information, please visit www.hcltech.com
HCL is a $5.7 billion leading global technology and IT enterprise comprising two companies listed in India - HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of India's original IT garage start-ups. A pioneer of modern computing, HCL is a global transformational enterprise today. Its range of offerings includes product engineering, custom package applications, BPO, IT infrastructure services, IT hardware, systems integration, and distribution of information and communications technology (ICT) products across a wide range of focused industry verticals. The HCL team consists of over 79,000 professionals of diverse nationalities, who operate from 31 countries including over 500 points of presence in India. HCL has partnerships with several leading global 1000 firms, including leading IT and technology firms. For more information, please visit www.hcl.com
Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words 'planned,' 'expects,' 'believes,' 'strategy,' 'opportunity,' 'anticipates,' 'hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, Business Process Outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost effective and timely manner, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies /entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward-looking statements made herein will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward-looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
For further information please contact: