LinkedIn
Top Companies 2018: Where India wants to work now
Here are this
year's top 25 companies in India.
PART II ( 10 TO 18)
10 OYO HOSPITALITY
Onwards and upwards: Budget hotel aggregator OYO previously received flak on
two fronts: high
cash burn and a lack of quality control partly
due to its aggregation model. It alleviated those concerns somewhat in 2017 —
not only did it pare
losses and inch closer to its goal
of deriving all its revenue from exclusive hotels, but it also closed
a $250-million funding round that
brought it within striking distance of the hallowed unicorn club. OYO is now
looking to put pedal to the metal, and it plans to hire over 2,000 employees
this year.
Global headcount: 2,700
Office ours: OYO crowdsources ideas for designing its five-floor
office from employees. So whether it’s pictures of Jeff Bezos and Elon Musk
adorning the walls or London-style telephone booths, employees have a say in
shaping their surroundings.
11. DAIMLER AG AUTOMOTIVE
In the fast lane: Stuttgart, Germany-headquartered Daimler is
arguably the most venerable name in the automobile business, with marquee
brands like Mercedes-Benz and Daimler Trucks. The luxury car division has seen
strong uptake in India, doubling
sales in the past five years.
Daimler's key manufacturing units are based in Chennai and Pune, and its
Bangalore R&D centre is the largest outside Germany.
Global headcount: 289,321
Retention is key: Daimler employees stick around for a staggering 7.8 years
on average, LinkedIn data shows. So when it says, "We want that the job is
flexible enough to accommodate your other needs. Not the other way
around," you know it isn't corporate platitude.
12. ADOBE COMPUTER SOFTWARE
Level paying field: Adobe made headlines in January when it announced it
had achieved
gender pay parity in India, a month after it reached the
milestone in the U.S. Business is brisk for the maker of software like Acrobat
and Photoshop — it clocked a record
$2 billion in revenue in the quarter ended Dec. 1,
vindicating the switch
to a cloud-based subscription model. Adobe’s
workforce, too, gets its share of the spoils with two
in three employeesenrolled in its stock option plans.
Global headcount: 18,000
Time off: From
a 26-week maternity and a 16-week parental leave to 20 days’ bereavement leave
(all fully-paid), Adobe ensures employees get enough time to recover, both
physically and mentally, before they resume work after major life events.
13. EXPEDIA INTERNET
Going full throttle: Expedia — which owns Hotels.com and HomeAway, apart from
its eponymous brand — splashed out a record
$5.3 billion on marketing in 2017. And the online
travel company plans to spend
more this year for cornering a bigger share of the
short-term home rental market and switching to cloud-based infrastructure.
Though the stock has taken a beating after Expedia's quarterly numbers trailed
expectations, investment analyst firm Jefferies says it is a "painful
but necessary transition" to
higher earnings growth.
Global headcount: Over 20,000
Ratings are out: Expedia has scrapped performance ratings to focus on
providing employees with ongoing feedback.
14.
MORGAN STANLEY FINANCIAL SERVICES
Opportunity
knocks: Financial
services firm Morgan Stanley is coming off a bumper year — it saw pre-tax
earnings rise 18% and revenue 10%. But its thirst for talent remains unslaked.
Each year, the company fills some 6,500 roles globally, from investment banking
to marketing to IT.
In
India, the company has over 3,000 employees serving its institutional
securities platform, including capital markets, equities and fixed income
products.
Global
headcount: 57,000
Sticking
around: Professionals
at Morgan Stanley tend to stay with the firm. The average tenure for employees
is 7.6 years, according to LinkedIn data, significantly longer than the average
tenure among this year’s Top Companies.
15. DBS BANK BANKING
Lean banking: Southeast Asia's largest bank by assets, DBS is a
proponent of the “less is more” philosophy — it is India’s first paperless,
branchless, signature-less and mobile-only bank. In the last two years, DBS
claims to have attracted about 2 million customers. And it looks poised to hit
the demographic
sweet spot — 80% of its customers are under 30,
male, salaried, and live in Mumbai, Delhi and Pune. DBS takes unconventional
paths to cherry-picking talent — last year, it hired as many as 150 techies
through hackathons.
Global headcount: 24,000
Health focus: Employees can access a dedicated wellness portal online
to consult with doctors. The company also organises health camps for lifestyle
conditions like back pain and cardiovascular issues.
16.OLA INTERNET
Pedal to the metal: Racing against the world’s most valuable startup
requires strategy and execution but, first of all, wads of cash. Ola tanked up
in October with a massive $1.1
billion infusion, enough fuel to widen
the gap with Uber. The 8-year-old unicorn is spreading its
bets across businesses and geographies. It has forayed into food delivery with
the acquisition
of Foodpanda’s India unit and gone
international by entering
the Australian market. Ola also carefully recalibrated its
portfolio — it decided to close
its bus service, Shuttle, after growth in
cab and auto rides impacted the service.
Global headcount: 6,000
More play at work: Ola has multiple clubs, for activities ranging from
music to sports, where employees can mingle with other teams.
17. GE ELECTRICALAND ELECTRONIC MANUFACTURING
Playing to its strengths: GE is
investing heavily in its core businesses of aviation, power and healthcare —
and India is no exception. GE has come from behind to clock $5 billion in sales
in the country. Little surprise, then, that India will be insulated from the
12,000 layoffs that the conglomerate recently announced. “We are adding people
in India right now,” CEO
John L Flannery said. GE employs 20,000 people across the
country, of which more than 5,000 are engaged in research and development.
Global headcount: 295,000
Leadership training: GE runs eight different
leadership programmes, giving recent graduates
hands-on experience and training in a wide range of disciplines, including
engineering, human resources, operations and finance. Some 25% of GE senior
management graduated from a GE leadership programme.
18. MAKE MY TRIP INTERNET
Flying high: Nasdaq-listed MakeMyTrip, which merged with rival Ibibo
in 2016, is India’s largest online travel agency with a 75% market share. it
doubled its revenue in the third quarter of this fiscal year, with the flagship hotels and packages
business witnessing steep growth. But it’s not all work and no play — from
sports clubs and yoga classes to foosball challenges and bowling competitions,
the ways to beat stress are many.
Global headcount: 3,200
Learning matters: MakeMyTrip offers a bevy of free courses for its
employees, ranging from customised behavioural programmes to study tours to
Europe and Southeast Asia. There’s also a book club to stimulate the
bibliophile in you.
CONTINUES
Abhigyan Chand
https://www.linkedin.com/pulse/linkedin-top-companies-2018-where-india-wants-work-now-abhigyan-chand/?trk=eml-top_companies_2018
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