The thriving culture of numerous training and development programs are supported by other measures such as the Chairman Award and Recognition for best innovation and variable performance pay for employees in certain grades.
Reward and recognition, given for outstanding performance, are effective tools for increasing motivation among the workforce. They also help create an environment of growth. There are various reward and recognition schemes at Vendata, namely Spot recognitions, special performer of the month, team of the month and super-achiever schemes, among others.
In the social sphere, Vendata takes care of its employees extracurricular well-being with multiple events, such as Family Connect, Fun Fridays, food festivals, festival celebrations and yoga and sports events. Building upon its employee friendly policies, the company’s maternity leave has been enhanced to 26 weeks, introduced an adoption leave for 12 weeks and a paternity leave for 1 week.
These practices blend together to make Vendata one of the top companies to work for in Asia. Research has revealed that the top three aspects that Vendata employees value most about the company are Individual Development Plans, the ACT-UP Accelerated Competency Tracking and Up-Gradation programs and the Leaders Connect program. These programs focus on the stars of the business, the engagement level of high potentials and developmental measures to help high-performers refine and hone their leadership potential.
Vedanta as a company involved in the business of natural resources, clearly understands that the most valuable resources are contained within the organisation: its people.