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13. EXL Services.com: People Issues

Despite satisfaction on salaries, employees say managers and growth opportunities are a problem


Tuesday, October 21, 2003

Top three reasons for joining
  Score Relative
Industry Ranks
Industry
Average
Education level does 
not matter
57.6 1 19.7
Transport facility available 54.5 3 38.6
Attractive lifestyle 51.5 1 18.9
Top three reasons for leaving
  Score Relative
Industry Ranks
Industry
Average
No growth opportunity/
lack of promotion
54.5 14 33
For marriage 39.4 5 33
For higher education 30.3 12 42
Employee satisfaction on compensation and appraisals
Employee dissatisfaction with immediate managers and a feeling of lack of empowerment

*Employee Size 1,532 (IDC estimates as on March 31, 2003)

At Noida-based EXL Services, employees were most satisfied with their compensation packages (ranked #3) and appraisal system (ranked #8), even as 64% of them said they felt very secure in their jobs against an industry average of 58%. With the company being among the better paymasters, nearly 88% of employees felt they were paid enough. Good money combined with high job security levels, meant only 12% of employees said they would leave if another reputed company offered them a 20% salary hike. A real concern area, however, was people. Employees expressed serious dissatisfaction with their managers and peers, but gave a thumb up to the company’s leadership. Also, job content and growth opportunities were an issue and also the most likely reasons employees would quit. Only 45% of employees said they looked forward to a long-term career in the company—among the lowest in the industry. Interestingly, 21% of employees named American Express as their dream employer.





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