1. India’s Best Companies for
Rewards and Recognition 2012
TPG Software Pvt. Ltd.
International Leaders and India’s Foremost in Work – Life Benefits, Rewards and Loyalty Solutions
2. “People may forget words;
People may forget actions;
but people will always remember
Respect, Recognition & Appreciation
given to them publically for their contributions
is the philosophy on which TPG Software
operates”
3. Average Age of 28 years
Mechanism to meet needs towards
love & belonging and Self Esteem Self-actualization
On an average planned more than 2 Perfection &
awards per employee per annum Contribution
Opportunities to win prizes events Esteem
and Fun@Work Confidence, achievement,
respect of others, respect by
others
Love/Belonging
Friendship, family, intimacy etc.
Safety
Job Security, Safety & Health
Physiological
Basic Needs of survival.
4. Fairness in declaring the award (scrutinized at 3 levels RM, PM &
SCM with details ranging from all functional & contextual
contributions)
Match the Measures of
Match the
Reward to Achievements in
Reward to Person
Achievements the light of Award
Touching hearts of employees & Families - parents, spouse, kids
(Sharing respect & recognition with employee’s family for their
contributions towards the employee’s success in the company; thus
making the company succeed in its objectives – Awards such as
flower bouquet, Feng-shui plants, Greeting Cards, house-hold gifts,
games, ticket & shoppers-stop vouchers, ).
5. Equal Opportunity for all
Extra care taken for R&R of New Joiners and Gen “Y” & Balancing Gen “X” and Gen “Y”
Reward Contextual Contributions to support Culture & Purpose beyond business
Chance for everyone to be recognized & appreciated ( JA, MA, Birthday, Appreciation Tree, GEM
Team, Star Performer, Prizes at Fun@Work)
6. Understanding & reading people’s mind
Sr. management & leadership taking responsibility
Established Action Plan for 105 Action Items delegated upwards
Published achievements on quarterly basis
98% task accomplished
Upward Appreciations from people to leadership
7. Quarterly theme for Appreciation Tree
Discussion Board
Joining Anniversary Communications
Cross functional clubs – Arbit, Jagruti, Zaika, Cricket
Channels of communication
8. Many opportunities for recognition & reward
Flexibility to choose appraisal cycle,
Flexibility to choose compensation structure
Flexibility to choose variable pay
Lunch out of tenured people in 5 Star Property with Leaders
9. Development Opportunities 15
85
Performance Appraisal System 14
86
Total Compensation 13
87
Confidence on Top/ Senior Management 11
89
Work Environment 9
91
Corporate Perspective 9
91
Parameters
Reward & Recognition 8
92
Agree
Work-Life Balance 8 Disagree
92
Relationship with Seniors 7
93
Communication 7
93
Business Understanding 5
95
Comaraderie 4
96
Enabling function 4
96
Culture 3
97
0 20 40 60 80 100 120
No. of Response (in %age)
