Reliance Commercial Finance

International Leaders and India’s Foremost in Work – Life Benefits, Rewards and Loyalty Solutions

India’s Best Companies for

Rewards and Recognition 2012

Reliance Commercial

Finance

Rewards & Recognition philosophy

Unique proposition

• Circle of triumph as a brand has been developed which symbolizes R&R

• Family connect: Building a business connect through a individual & families.

• Celebrating awards in a colorful & exceptional manner

• Touching off roll staff through spot recognitions. (Best Loggers, Best Disbursers)

• The Final Frontier: Our channel partners DSA’s are felicitated through this forum.

• Hi 5 club: Employees completing 5 years are felicitated along with families

• Incentive trips: Organization sponsors an offshore trip for top performers

• Frequency: Monthly, Quarterly & Yearly

• Types of Recognition - 3 Fold approach:

1. Organization based (6 degree of perfection)

2. Culture based (customer centricity, collaboration, innovation, knowledge, appreciation culture, quality awards)

3. Business & Performance based (CEO’s club, CFO’s club)

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Reliance DNA’s a part of R&R

DNA recognitions: Behavior of employees which is a

reflection of our organization DNA Value system is

recognized and awarded.

The six DNA’S are:

1. Entrepreneurial Mindset: Building ownership for

visionary growth & profitability

2. Ownership & Commitment: Stronger together,

committed to organization vision

3. Speed & Execution: Speed in thought & action to

enable state-of-the-art execution of ideas

4. Integrity: Constant guiding force

5. Respect & Dignity: Cares for people and values

human dignity

6. Pride & Passion: Emotion that bond us and drive

excellence


Taking R&R to the next level


24*7 recognition: The entire process of R&R is online, through a people portal

called Parivartan.

Transparency & Fairness maintained

R&R Committee, led by senior leadership team at RCF

Regular update of winners on our intranet called ‘My World’

Aspirational value: Platform for recognition in public domain. On an average 12%

of employees are recognized across organisation

Measuring effectiveness - ROI

Employee responses are surest and the most scientific way to measure our

effectiveness. These responses are taken constantly. In the recent GPTW survey

we scored a rocking 78% to the statement

‘Everybody has an opportunity to get special recognition’.

3 DNA nominations received on an average to each employee

Replication of R&R practice across Reliance Capital group companies.

Collaborative culture being fostered as result of which productivity has increased

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Few Glimpses


Thank You