Directi, Flipkart and One97 Communications Limited (Paytm) steal the top three spots on this year’s list
LinkedIn has unveiled the 2018 Top Companies list for India. The annual ranking highlights the 25 companies in the country that are most sought-after by professionals, based on proprietary LinkedIn data and billions of actions by more than 546+ million professionals on LinkedIn.
Home-grown tech and mobile internet companies Directi, Flipkart and One97 Communications Limited (Paytm) steal the top three spots on this year’s list, followed by Amazon in the #4 position that held the #2 spot for two consecutive years. Ola has dropped 11 spots from #5 in 2017 to #16 this year, and McKinsey & Company has made a significant jump from #24 to #6. This year, more than 50% of the companies are new entrants to the list including Directi (#1), Anheuser-Busch InBev (#5), EY (#9) and Daimler AG (#11) that have given stiff competition to the usual top runners, Adobe (#12), Reliance Industries (#24), and Ola (#16).
As competition for jobseekers intensifies, the 2018 Top Companies have actively deployed employee-first strategies such as flexible hours, a good parental leave policy, and time-off to do more than work to attract and retain good talent. Some of the emerging themes this year are:
- Unconventional hiring methods: The top companies in India are looking beyond the grades and college rankings to recruit new talent. Directi (#1) cherry-picks talent using unconventional techniques such as case studies, tasks like app development and solving the Rubik’s cube.
- Flexibility first: With job seekers increasingly demanding a work-life balance, these top companies have chalked out flexible parental leave policies and programs for planned time-off to recuperate or even pick up a new hobby. Amazon (#4) has a Ramp Back program that offers new parents eight weeks of flexibility and partial work hours, so they can acclimatize to their new schedules. At McKinsey & Company (#6), under ‘Take Time’, employees can take five to 10 extra weeks off to pursue their passion – get a pilot’s licence, write a book – or attend to family matters. At Daimler AG, they say, “We want that the job is flexible enough to accommodate your other needs. Not the other way around.”
- Wellness at work: Wellness and fitness facilities continue to be the top draw for employees while choosing a company to work for. Alphabet (#7) is known for its gourmet meals, fitness facilities, and on-site childcare services, whereas Ola has on offer multiple clubs for activities ranging from music to sports — where employees can mingle with other teams.
- Democratizing power: From office interiors to policy creation, top companies are ensuring its employees have a say in how things are done. For instance, PwC's NextGen Sounding Board comprises 200 millennial employees who participate in policy creation for the company. All new and revised people policies are first taken to this group. 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 at OYO have a say in how they want their surroundings.
- Learn to lead: The top companies have made in talent growth and development an in-house responsibility. EY (#9) last year rolled out a program called EY Badges that allows employees to earn digital certificates for skills like artificial intelligence, data science and data visualization. Nurturing employees to become future leaders, GE (#17) runs eight different leadership programs; and MakeMyTrip (#18) offers a bevy of free courses for its employees, ranging from customized behavioral programmes to study tours to Europe and Southeast Asia.