Indian professionals prefer home-grown technology and mobile internet companies like Directi, Flipkart and One97 Communications (Paytm) over global tech and e-commerce sites like Google and Amazon as their workplace, revealed a new LinkedIn report on Wednesday.
The report includes the ranking of 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 the platform.The Top Companies list is based on the billions of actions taken by LinkedIn members and looks at four main pillars: interest in the company, engagement with the company’s employees, job demand and employee retention.
“The ‘Top Companies’ list highlights the companies where professionals in India want to work now, from home grown companies to global giants,” said Adith Charlie, India Editor, LinkedIn.
“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 résume could be powerful motivators,” Charlie said.
According to a LinkedIN spokesperson, a common theme at the Top Companies was 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.
In addition this year, the top companies had applied some unconventional hiring methods – (Directi cherry-picked talent using case studies, app development and solving the Rubik’s cube), had wellness strategies at the workplace and democratised power (Ola crowd-sourced ideas from its employees to design its five-loor office).
Here are the top 25 companies where India wants to work, according to LinkedIn:
3. One97 Communications
5. Anheuser-Busch InBev
6. McKinsey & Company
8. KPMG India
11. Daimler AG
14. Morgan Stanley
15. DBS Bank
20. Goldman Sachs
22. JPMorgan Chase & Co.
24. Reliance Industries
25. Deloitte India
This year, more than 50 percent of the companies are new entrants to the list including Directi (first), Anheuser-Busch InBev (fifth), EY (ninth) and Daimler AG (11th) that have given stiff competition to the usual top runners, Adobe (12th), Reliance Industries (24th), and Ola (16th).
E-commerce behemoth Amazon, which had placed Number Two in the last two years, dropped to the fourth spot, while home-grown cab aggregator, Ola, dropped 11 spots from its Number 5 ranking last year.
The list threw many surprises – the presence of three consulting firms in the top ten being a notable one. In fact Mckinsey & Co, which placed No.6 this year, has made a big jump from its 24th placing last year. Another surprise was young hospitality brand Oyo, whose disruptive practices have rattled the industry.
Adobe and Reliance Industries, which were on the top ten list last year, have dropped down with Adobe taking 12th spot and Reliance the 24th spot.