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Sri Lanka’s Best Companies
to Work For – 2016
START YOUR JOURNEY TOWARDS CREATING AND SUSTAINING A GREAT WORKPLACE
A Study by Great Place to Work® Institute
In partnership with
The Ceylon Chamber of Commerce
And published with LMD
“
”
Start your journey towards creating and sustaining a great
workplace.
Great Place To Work® Best Workplaces Lists are world’s
largest annual research studies aimed at identifying,
recognizing, learning from, and spreading best practices of
organizations that achieve business objectives by being great
workplaces.
Over 7000 organizations across 52 countries participate
globally every year. Get involved to start your journey
towards creating and sustaining a great workplace.
©2015 GREAT PLACE TO WORK® INSTITUTE
Who are we?
©2015 GREAT PLACE TO WORK® INSTITUTE
• We are the world’s pioneer in studies pertaining to Workplace Environment &
are globally the largest & most recognised study.
•Our Workplace Studies are taken in more than 52 countries around the world &
published by Fortune Magazine in the US, The Financial Times in the UK &
The Economic Times in India
• We have advanced the knowledge of what makes a great place to work for more
than 25 years and helped numerous companies to transform their workplaces.
WHAT’S A GREAT WORKPLACE?
TRUST THE PEOPLE THEY WORK FOR
HAVE PRIDE IN WHAT THEY DO
ENJOY THE PEOPLE THEY WORK WITH
1
2
3
Employees believe they
work for great
organizations when they
consistently >>
01
WHAT’S A GREAT PLACE TO WORK ANYWAY?
©2015 GREAT PLACE TO WORK® INSTITUTE
A great workplace is where you trust the people you work with,
have pride in what you do, and enjoy the people you work with.
pridecamaraderie
relationship with other employees
relationship to your job
relationship with
management
Employee
Trust
Employees’ definition of a great place to work
Employees believe they
work for great
organizations when they
consistently >>
WHAT’S A GREAT WORKPLACE?
Any workplace can be measured through five dimensions: credibility, respect
and fairness (which are attributes of trust), as well as pride and
camaraderie.
Positive employee
experience across
5 dimensions
02©2015 GREAT PLACE TO WORK® INSTITUTE
HOW DO ORGANIZATIONS BECOME GREAT WORKPLACES?
A great workplace is where you align people with
organizational objectives, employees are enabled to give
their personal best and work together as a team/family —
all in an environment of trust.
inspiring
speakinglistening
hiring
celebrating
sharing
caring
thanking
developing
Trust
Great practices and
processes across the 9
people practice areas
04©2015 GREAT PLACE TO WORK® INSTITUTE
Why create a great workplace?
©2015 GREAT PLACE TO WORK® INSTITUTE
• BETTER RECRUITMENT
• HIGHER ENGAGEMENT
• LOWER TURNOVER
• GREATER INNOVATION
• HIGHER PRODUCTIVITY
• MORE LOYAL CUSTOMERS
HIGHER PROFITSFinancial Performance of the ‘100 Best Companies to Work For’ featured by
Fortune Magazine
The returns on the Publicly traded companies in Fortune’s 100 Best, illustrate
the extent to which 100 Best Companies consistently outperform major stock
indices over time.
How can you make your workplace a great one?
©2015 GREAT PLACE TO WORK® INSTITUTE
1 2 3 4 5
adding to your
understanding of
what makes a
great workplace
diagnostic –
identifying your
strengths and
improvement
areas
insights –
unpeeling the
layers to
discover the
root causes
identification &
prioritization of
action areas and
creation of a
road map for
change
effective
implementation
with understanding
of best practices
and processes
HOW CAN WE HELP YOU?
©2015 GREAT PLACE TO WORK® INSTITUTE
Great Place To Work® can help an organization answer & act on 4 questions
through our data insights, analysis, presentations and workshops:
1: Do your people think that your organization is a great workplace?
2: Do your people practices help you create a great workplace?
3: Do your people managers create a great workplace?
4: Is your organization recognized as a great workplace?
So, what is the Study about?
©2015 GREAT PLACE TO WORK® INSTITUTE
o A yearly study to identify each country’s best companies to work for
o World’s largest study of its kind, covering more than 52 countries
o Over 7,000 organizations participate every year globally
o More than 3.5 million employees are surveyed every year and over 12
million impacted
o People practices of thousands of organizations are studied in depth
o Leading business publications like Fortune (USA), Financial Times
(UK), Economic Times (India) and LMD (Sri Lanka) cover the study
findings
Gain unparalleled insight
into strengths & areas of
improvement of your
workplace culture
All companies, even those
that don’t make it to the list,
have experienced great
value in terms of self
evaluation and
benchmarking
WHY SHOULD YOUR ORGANIZATION PARTICIPATE IN THIS STUDY?
No downside of
participation, names of all
participating organizations
are kept confidential and
only those of winning
organizations are shared in
public domain
Companies that earn a
spot on this list receive
substantial positive
publicity & enhanced
employer brand value
Opportunity to feature in
various ranking lists,
industry lists and special
categories
09©2015 GREAT PLACE TO WORK® INSTITUTE
Need more reasons to participate?!....
©2015 GREAT PLACE TO WORK® INSTITUTE
there is no downside to participate! the list of participating
companies is kept confidential and only the best
workplaces (the top 10/25) will be featured by our media
partner
History of Great Place to Work®
©2015 GREAT PLACE TO WORK® INSTITUTE
o Great Place to Work® Institute is a global management research and advisory firm
dedicated at enabling organizations achieve business objectives by building better
workplaces.
o At Great Place to Work® Institute, we’ve spent over 25 years tracking great workplaces
and learning from their successes.
o By surveying millions of employees and studying thousands of businesses, we’ve
created a model for building performance, based on trust. It’s our contribution to a global
shift in businesses that is changing the way the world works.
o Our model provides specific, actionable steps to get your organization out there. While
you are the ones to lead the organization on this journey, we provide steady guidance
from one of our 52 offices around the world.
3
Culture Audit©
• Submit information about theorganization’s people practicesby filling our Culture Audit©document.
• This instruments covers ninepractice areas and needs to beresponded by one individualon behalf of the organization
2
Trust Index©
• We will administer anemployee survey to a set ofrandomly selected employees.
• This proprietary employeesurvey developed by theinstitute measures levels oftrust, pride, and camaraderieand takes an employee about15 minutes to complete.
1
Register
• The process starts with afive-minute onlinenomination. Any companythat is at least two years oldwith more than 50employees in Sri Lanka iseligible.
WHAT ALL DO YOU HAVE TO DO TO PARTICIPATE?
10©2015 GREAT PLACE TO WORK® INSTITUTE
Our model
Culture Audit©Assesses & Benchmarks People Practices
Trust Index©Measures & Benchmarks Employee Experience
1/3
2/3
The Assessment process is an unique combination of understanding your employees’ experience
through an employee survey and co-relating the same with our assessment of your people practices.
This enables you to draw sharp action plans to work on relevant people practice areas.
What is our model?
©2015 GREAT PLACE TO WORK® INSTITUTE
TRUST INDEX© - 2/3rd
WEIGHTAGE
• An employee survey
questionnaire that captures
responses through 60 statements
in only 20 minutes of an
employees time
• Contains two open-ended
questions on areas of strength and
areas of improvement
a 2 lens model that maps employees’ perceptions and
management practices
CULTURE AUDIT© - 1/3rd
WEIGHTAGE
A questionnaire on practices and
policies at the workplace through the
management perspective. This
comprises of two parts and is filled
in by the organization
WHAT DOES IT COST?
©2015 GREAT PLACE TO WORK® INSTITUTE
o All participating organisations have the option to subscribe for further in-depth paid
reports for internal analysis; these reports are made available at nominal fees for
interested organisations.
o Organisations where all employees are not accessible over emails will still be able to be
a part of this survey through a paper-pencil or kiosk method. This will entail an
additional fee, depending on the number of employees taking this mode.
o The investment for participating will be between LKR 50, 000 to 250, 000 depending
on your employee strength.
o This will entail organisations to receive Trust Index© Feedback Reporting package with
a scoresheet against a national benchmark with results for standard demographic cuts
and detailed analysis of your data via a presentation deck
VERY LITTLE TO GET IN DEPTH FEEDBACK.
©2015 GREAT PLACE TO WORK® INSTITUTE
"We are delighted to see CTC in the list of ‘Best companies to work in Sri Lanka', reflecting the
strength of the organisation's people processes and the spirit of a winning organisation.
We believe that the conscious decision made in participating in the ‘Great Place to Work®' survey
benefited the organization in two ways. Firstly, the survey results re- assured the iconic employer brand
of CTC plc as a ‘Best place to work in SL' where the unique skills that each employee brings to the
organisation are highly valued. Simultaneously the survey led us to take appropriate action to strengthen
our people processes, making them more robust and user friendly in order to further enhance the
concepts highlighted by the 'great place to work' survey process."
- Samanmali Chandrasiri, HR Director, Ceylon Tobacco Company PLC
“We are proud to be named a ‘Great Place
to Work’ for the second consecutive year
which would have not been possible if not
for the company’s foremost asset –
our people.
The company’s distinctive HR best
practices, respect for individualism and
diversity, open culture, trust and credibility
of management, all of which has allowed
our employees to create a truly great place
to work.”
- Mano Sekaram, CEO, 99X Technology
“I am indeed pleased that, this year as well, the GPTW
survey affirms our position as a much sought after
employer.
Our work culture which enables, empowers with
accountability and embraces different views and opinions
has held us in good stead in continuously attracting talent
and retaining them in the organisation. At John Keells
we afford our employees a well-rounded experience,
exposure to a wide range of businesses and opportunities
to grow with the organization and add value to the diverse
stakeholders who we are associated with..”
- S C Ratnayake, CEO, John Keells Holdings PLC
©2015 GREAT PLACE TO WORK® INSTITUTE
“Strategy is great.. culture is imperative..
but People are everything!
All our business strategies will be at risk if we
don’t have the talent and skills we need”
China Gorman, Previous Global CEO, Great Place
to Work®
“We've always believed that a great place
to work is as relevant in an economic
downturn as it is when times are
good. There's a common misconception
that focusing on this area is a nice to have
rather than a critical element of what
makes a company successful. Our view is
that a great workplace is a business
imperative”
Paul Rellis, Managing Director, Microsoft
Ireland
“Participating in the Study by Great Place to
Work® Institute gets us this feedback and gives
us credible input, which is tremendously
valuable for salient interventions thereafter”
Anil Sardana, Managing Director, Tata Power
SOME PAST LISTING ORGANIZATIONS
©2015 GREAT PLACE TO WORK® INSTITUTE
Click here to view the lists
13
HOW DO YOU REGISTER?
This is an annual study and organizations
should register to participate.
Fill in the online registration form with
some basic details and we will contact
you.
Reach us at [email protected] or +94 7766301200 or +94 77703072
Click Here To Register >>Last Date for registrations
30 th January 2016
Nominations are now open.
Register at the earliest to
reserve your preferred slot to
complete the process.
Limited slots available!
Questions?
12©2015 GREAT PLACE TO WORK® INSTITUTE
Want to get in touch with us?
©2015 GREAT PLACE TO WORK® INSTITUTE
QUESTIONS?
SEND US AN EMAIL
Join our mailing list & we’ll keep you
posted on our research, conferences,
studies and everything!
To join, just email us with ‘Mailing List’
in the subject line at –
www.greatplacetowork.lk
Global Headquarters
Great Place To Work® Institute
222 Kearny Street, Suite 800
San Francisco, California 94108,
USA
Sri Lanka Office
No 301/3A,
Galle Rd,
Colombo 3
Sri Lanka
0114060051