High Scores "Strongly agree" Score Industry Rank Paid enough for the work I do  96.2  3 High standards of corporate governance  98.7  2 Conducts business fairly  97.2  3 Low Scores "Strongly agree" Score Industry Rank Initiatives recognized during appraisal  78.3  18 Recognition for outstanding work  80.9  18 Regular and constructive feedback  77.3  18 Dream Job "Strongly agree" Score Industry Rank Work-life balance  45.1  5 Company Image  38.5  4 Job Security/stability  37.4  8

Philips Software figured at #13 on both the HR and employee parameters, a significant fall from its last year's tally at #8 and #6 respectively. But, surprisingly, the company had a good going on one of the most important employee parameters, salary. With a score of 7.2, it bagged #3 position on the salary front. Despite this, salary and compensation emerged as one of the top concerns, with 46.2% of the employees attributing it as the reason for quitting.

In employee parameters like image (#16), job content (#17), people (#18) and training (# 9), it did not fare well. A good 48.4% of its employees cited growth opportunity/career development for leaving the organization. For another 39.6% it was job content. Its time for the company to work out strategies for creating dynamic internal career growth opportunities for its employees.