K Raheja Corp, one of India’s leading realty players, has been featured in the Top 50 People Capital Index (PCI) Companies by the prestigious British Standards Institute (BSI). The independent study, now in its second edition, featured Indian companies across various sectors from real estate, insurance, aviation, banking, and retail. Among these, K Raheja Corp was the only Indian real estate company to be conferred with this recognition and was awarded at the ‘Leading From Behind Summit 2019’ at the Lalit Hotel in Mumbai recently.
For this very credible list, the BSI laid out evaluation criteria to measure the companies’ eligibility to be featured. The main factors taken into consideration were as follows:
- The Internal Value Proposition [Pulse of the Boardroom]: Employer perception of how employees view the company's learning & development initiatives and the degree of caring that the company show its employees.
- The Employee Value Proposition [Pulse of the Floor]: The employee's perspective on the extent to which an organization cares for the employees; supports their professional development and marries learning & development practices with organizational goals.
- The External Value Proposition [Pulse of the Market]: The market's perception of the organization's learning & development practices.
The results were announced after a detailed survey on the aforementioned factors with the audit team sending out a form to K Raheja Corp’s employees. These were sent out to a minimum of 30 randomly chosen employees, in the middle management, over social media platforms to ensure an unbiased and fair collection of data. Only if a company had more than 30 mid managers vouching for the organization, an audit was conducted by BSI, after which K Raheja Corp was declared as one of the Top 50 PCI Winners.
Speaking on the recognition, Ms.UrviAradhya, Chief Human Resource Office, K Raheja Corp said, “This recognition is an affirmation of our people-first culture and best practices. This prestigious recognition in the PCI list is a testimony to K Raheja Corp’s efforts in striving for excellence and we thank BSI for this. We are further inspired to enhance our business processes and achieve greater milestones.”
PCI focuses on how much companies are investing in the development of their people, and aims to make people development a top agenda for corporate India. PCI is an indicator of employee and market perception of how well the organization is developing its people capital. BSI India’s purpose is to help businesses succeed in order to make the country become better and thus improve the quality of life of future generations.
