EARNING RESPECT

Respect is earned bit by bit and on the basis of actions taken across different spheres. For companies, it is based on an unblemished record over a number of years

- ASHISH SINHA

AS companies evolve so does the work culture. We see that companies that score high on the respect index are those that have kept their core values intact through turbulent times.

The 2022 edition of the BW Businessworld Most Respected Companies (MRC) survey was conducted by our knowledge partner TechSci Research, against the backdrop of the disruptions in economic activities caused by the restrictions and lockdowns that were imposed to contain the coronavirus pandemic.

The survey is perception-based and evaluates companies on parameters such as corporate social responsibility, women friendly policies, a rewarding work culture, effective growth plan and financial returns. The study maps the current perception levels in the minds of employees and self-employed individuals in India. In all, 21 sectors were identified and the survey was conducted using 575 respondents including senior and mid-level employees.

Overall, Tata Consultancy Services emerged at the top of the Most Respected Companies list based on the chosen parameters, followed by Google India, HDFC Bank, Hindustan Unilever and Amazon India. These companies ended up as the Top 5 in the Most Respected Companies rankings based on the specific survey parameters. Financial performance; work culture; focus on developing and adopting new technologies and corporate governance were considered to be the critical parameters. Besides, women friendly policies, prevailing policy framework and the companies’ focus towards CSR activities were also factored in while finalising the survey results.