Nuvoco in India’s First People Capital Index's Top 50 List on Talent Satisfaction
30th January 2018; Mumbai: Nuvoco Vistas Corp. Ltd. (formerly Lafarge India Limited), one of the leading manufacturers and retailers of construction materials in the country, has been awarded for being amongst the top 50 companies in India’s first People Capital Index (PCI) list. With a high degree of employee satisfaction pertaining to its talent development efforts and programmes; Nuvoco is the only company in the construction materials domain amongst the winners.
The awards function took place in Mumbai at 'LeadingFrom Behind,' an HR leadership summit; where the 50 companies that ranked highas per the findings of the PCI, were felicitated. Some of the companiesthat were featured in the Top 50 were Tata, Mahindra, Godrej, GE, HUL, Philips,Marico, Cadila, Wipro, Deloitte, Dell, Airtel, Bajaj, Accenture, and Abbott.
In order to qualify for evaluation, a minimum ofthirty of an organisation’s mid-management level employees needed to haveparticipated in an anonymous online survey. By that yardstick, 180 Indiancompanies had qualified to be in the PCI race. The British StandardsInstitution (BSI), the world’s most experienced Standards Body and foundingmember of ISO, was the standards and audit partner for PCI. Nuvoco scoredbecause of its programmes and initiatives as well as its progressive HRpolicies.
Mr. Devendra Shangari, Chief of Human Resources& Industrial Relations, Nuvoco, whocollected the award on behalf of Nuvoco, remarked on the win, “This meansthat we are on the right track! It is a matter of immense pride that ouremployees, our most valuable asset, have expressed such high satisfaction. Wehave always endeavoured to support talent across levels with the right Tools,Trainings and Tips (Coaching). In that respect, we have moved away from thetraditional talent management approach, and have instead adopted a morecontextual, inclusive method, which is adaptable to different needs acrosslevels. This award is a validation of all those efforts. Ranking this high onIndia’s first People Capital Index is the most rewarding vindication of thefocus and support of our top leadership for the growth and development of ouremployees.”
Photo caption: Mr.Devendra Shangari, Chief of Human Resources & Industrial Relations, Nuvoco,along with Ms. Manisha Kelkar, Head – Corporate HR, Nuvoco, receiving thePeople Capital Index Top 50 award.