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HCL Technologies Named as One of Britain's Top Employers 2008
HCL Technologies Ltd (HCL), the global IT services company today announced it has been named by CRF UK, the independent business research organisation, as one of Britain’s Top Employers, 2008.
Selected for excellence in HR management, the 100 chosen companies will be published in a title by Guardian Books and in the newspaper’s online version. Finalists will be formally announced at an awards dinner on March 20^th , where the book will be launched. The book will contain company profiles of those selected, which will cover the company’s performance in relation to the assessment criteria and will offer commentary from the panel of advisors.
Companies were chosen based on dedication and innovation, the ability to create a culture and working environment in which the employee is appreciated and productive. When asked about HCL’s performance, Dominic Knight, Regional Director for UK, Ireland & Northern Europe, CRF said: What impressed us most was the self awareness HCL demonstrated in promoting development and motivation into the workforce, and the nitiatives used to do just that. These include: employee recognition programmes, excellence awards, high potential stock option plans, social nd sports clubs, ‘fun at work council’ and its online tools. Employee benefits were noted as thorough and the graduate programme and long term ervice awards display a healthy balance of gaining interest of fresh talent and retaining experienced staff over long periods.”
Rajeev Sawhney, President, HCL Europe commented, “we are very proud to have been selected as one of Britain’s Top Employers 2008, for the third year in a row. It highlights HCL Technologies’ belief that creating a working culture where employees are happy and motivated will lead to a successful business.”
The independent research process included desk research, analysis, the completion of a questionnaire and interviews with senior management and employees. Ramachandran Sundararajan, HR Director, HCL Europe, who was interviewed, said, “I was impressed by the interview process – it was in person and a very engaging process - it was exciting to see how interested the interviewer was in understanding HCL’s work in this space.”
The final section was then based on the following criteria for a top employer evaluation: pay and benefits, career development, corporate culture, diversity/equal opportunities and leadership, and for HR strategy evaluation: recruitment strategies, knowledge management and employee relations.
About HCL Technologies
HCL Technologies is one of India's leading global IT Services companies, providing software-led IT solutions, remote infrastructure management services and BPO. Having made a foray into the global IT landscape in 1999 after its IPO, HCL Technologies focuses on Transformational Outsourcing, working with clients in areas that impact and re-define the core of their business. The company leverages an extensive global offshore infrastructure and its global network of offices in 18 countries to deliver solutions across select verticals including Financial Services, Retail & Consumer, Life Sciences & Healthcare, Hi-Tech & Manufacturing, Telecom and Media & Entertainment (M&E). For the quarter ended 31^st December 2007, HCL Technologies, along with its subsidiaries had last twelve months (LTM) revenue of US $ 1.6 billion (Rs. 6715 crores) and employed 47,954 professionals. For more information, please visit http://www.hcltech.com/
About HCL Enterprise
HCL Enterprise is a $4.7 billion (Rs. 19,215 crore) leading Global Technology and IT enterprise that comprises two companies listed in India - HCL Technologies & HCL Infosystems. The 3-decade-old enterprise, founded in 1976, is one of India's original IT garage start-ups. Its range of offerings span Product Engineering, Custom & Package
Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products. The HCL team comprises approximately 53,000 professionals of diverse nationalities, who operate from 18 countries including 360 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including
leading IT and Technology firms. For more information, please visit www.hcl.in <http://www.hcl.in/>
Forward-looking Statements
Certain statements in this release are forward-looking statements, which nvolve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such orward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward looking
statements, including but not limited to the statements containing the words 'planned', 'expects', 'believes', 'strategy', 'opportunity', 'anticipates', 'hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory
proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, Business Process Outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost effective and timely manner, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies / entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political
instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward looking statements made herein will prove to be accurate, and issuance
of such forward looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company
For details, contact
Geetanjali Bhatia
External Communications
HCL Technologies Ltd.
Tel: +91 120 4382800 Extn: 3043
Mob: +91 98119 87765
Email: geetanjali.bhatia@hcl.in <mailto:geetanjali.bhatia@hcl.in>*
