India’s first People Capital Index awards Kohler India for being in India’s best 50 on talent satisfaction
India’s first and most significant standard of talent delight, the People Capital Index, has awarded Kohler India for being one of India’s top 50 with a high degree of employee satisfaction about its talent development efforts and programmes. This was announced at the prestigious HR leadership summit, Leading From Behind, where the 50 companies that ranked high as per the findings of the People Capital Index, were felicitated. Kohler India received the PCI award in the presence of the who’s who of corporate and HR leaders along with industry professionals and practitioners.
The People Capital Index Report for companies in India is the first significant and deep dive into employee perception of how well their organisations are working on developing their people capital. Jombay, one of India’s fastest growing talent assessment and development companies, conducted extensive anonymous surveys of mid-managers in different organisations via social and online media and internal company referrals to obtain their inputs.
For a company to qualify for evaluation per the norms of India’s People Capital Index, a minimum of 30 of its mid-management level employees should have taken the anonymous online survey. By that yardstick, 180 Indian companies had qualified to be in the PCI race; of these, 50 were felicitated. PCI released a list of the Top 50 PCI score companies in alphabetical order without a ranking. So the HR policies, programmes and initiatives for talent development at Kohler India have been acknowledged as being among the best across Indian enterprise.
The British Standards Institution (BSI), the world’s most experienced Standards Body and founding member of ISO, has been the standards & audit partner for PCI.
Venkataram Arabolu, MD, BSI Group India, said, “After carefully evaluating the process, scoring and methodology of Jombay’s People Capital Index, we believe that this benchmarking index, has a lot of potential to become a global standard for talent development. PCI follows a highly transparent process as it runs anonymous surveys independently, making it difficult to get influenced results. We at BSI feel that PCI will serve as a yardstick for the Learning and Development fraternity. It will create and give them a concrete measure to evaluate their existing practices and be future-ready.”
Suruchi Wagh, co-founder and CPO of Jombay, said, “We are delighted to have given Indian enterprise its first People Capital Index. It is the first survey on people in India that provides a deep-dive on the human capital development efforts of an organisation. Kohler India, which is amongst the best 50 Indian companies on PCI, is not only powering talent development, but also setting an example with great takeaways for the entire HR fraternity in India. The HR team at Kohler India should be very proud indeed. The People Capital Index also has many findings, takeaways and insights which, coming as they do from employee feedback, will help and guide HR practitioners a great deal in people development and thereby also combat attrition. We are confident that the PCI will become the People Development gold standard for all companies and HR professionals across Indian enterprise.”
Laura Kohler, senior VP, human resources & stewardship, Kohler Co., said, “Kohler’s focus on talent and culture is the life force of our company. We believe in providing gracious experiences for our associates, while giving them the opportunity to make their mark and contribute to something meaningful. It is with this spirit that we take great pride in driving a strategy that has as much of a focus on driving business growth as that of amplifying our focus on talent and culture. Our suite of learning experiences and tools help our associates to do better, push harder, and dream bigger. And our HR team is passionate about crafting developmental journeys that help our associates realise their highest potential. As a result, our managers see improvement in their associate’s ability to contribute in all ways to the ultimate success of the team, the business, and the entire Kohler organisation. We are honoured to be recognised and look forward to continuing our focus on talent development.”