Techies Prefer Firms that Promote Innovation: Survey
Kochi: TechGig, India’s largest online tech community, has released the findings of its survey titled ‘Best Companies to Work For’. This survey was conducted to understand the perception of IT professionals about the factors which help make a firm the ‘Best Company to Work For’.
The findings give credence to the fact that innovation is the need of the hour, not just to gain competitive advantages, but to retain employees as well. Most respondents (44 per cent) in this survey said they would like to work on projects that give them an opportunity to innovate, overlooking other factors like project longevity or having a good project manager.
The survey also explored if India’s IT professionals are happy with the learning and development avenues provided by their company. The survey findings revealed that learning opportunities mattered more to respondents as compared to other aspects like unpaid overtime and delay in salary. In fact, the lack of learning opportunities was cited as the single biggest reason for employee dissatisfaction by the IT professionals. The TechGig survey also solicited opinion on how any ordinary company can transform to become a ‘Best Company’.
What makes a company an ‘employer of choice’?
TechGig asked IT professionals about the most important missing element that would come in the way of their company being termed as a ‘Best Company’. Any IT company that is not innovation-focussed and people-focussed is set to be a loser in the race to becoming the ‘Best Company’, reveals the survey findings. Most respondents, about 31 per cent, said that they would prefer projects that give them opportunities to learn and improve. The second highest votes (23 per cent) went in favour of companies which have a well-established career path for their employees.
Health, Work-life balance ‘non-negotiable’
Companies that strive towards ensuring a good work-life balance for their employees were also perceived as ‘Best Companies’ by the survey takers. In this regard, 36 per cent respondents mentioned the need for sports and recreational facilities while 34 per cent voted for good transportation facilities as a must-have in a ‘Best Company’.
Employees prefer ‘self-regulation’ over rules
In an aging world, India has one of the youngest populations dominated by millennials and Gen Z workers. TechGig survey findings reveal that pursuing an archaic model of governance over this young workforce will not yield rich dividends. Employees prefer self-regulation over strict rules at workplaces. The survey findings show that an overwhelming majority of 97 per cent survey takers want freedom from a set dress code, 88 per cent want freedom in deciding how they will use the internet and 80 per cent want flexible work hours instead of fixed working hours.