Homegrown tech and mobile internet companies Directi, Flipkart and One97 Communications Limited that owns Paytm took the top three spots on this year’s LinkedIn Top Companies 2018 list. LinkedIn annual ranking highlights the 25 companies in the country that are most sought-after by professionals, based on LinkedIn data.
These three companies are followed by Amazon.in at fourth position. Amazon.in had held the second spot for two consecutive years. The biggest loser this year, seems to be cab aggregator Ola. Its ranking has dropped 11 spots from fifth in 2017 to sixteenth this year. On the other hand, McKinsey & Company has made a significant jump from twenty fourth position to sixth.
According to Linkedin, 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).
“Data shows us that an opportunity to work at solving big problems, rewriting the rules of one’s industry or simply putting a big name on one’s résumé could be powerful motivators. This year the India list diversified from tech and internet companies to new entrants from industries such as Automotive, Oil & Gas, and Consumer Goods. Similar to last year we continue to see a trend of homegrown companies taking the top spots on the list,” said Adith Charlie, India Editor, LinkedIn.
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.
Emerging themes for 2018
The top companies in India are looking beyond the grades and college rankings to recruit new talent. Directi cherry-picks talent using unconventional techniques such as case studies, tasks like app development and solving the Rubik’s cube. At Alphabet, if you were to land an interview, expect questions such as, “Estimate the number of tennis balls that can fit into a plane”, and “Which do you think has more advertising potential in Boston — a flower shop or funeral home”, DBS Bank hired around 150 techies last year through hackathons alone.
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 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, 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 and fitness facilities continue to be the top draw for employees while choosing a company to work for. Alphabet 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.
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.
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 runs eight different leadership programs; and MakeMyTrip (18) offers a bevy of free courses for its employees, ranging from customised behavioural programmes to study tours to Europe and Southeast Asia.
Linkedin Top 10 Companies 2018 for India
- One 97 Communications (Paytm)
- Anheuser-Busch InBev
- McKinsey & Company
- Alphabet (Google)
- KPMG India