Tata Steel has been conferred the ‘Best Company to Work for’ award in the core sector at Business Today’s Best Companies to Work for Survey 2016 award ceremony held in Mumbai. The event was organised on 22nd February, 2017. The award was received by Mr. Suresh Dutt Tripathi, Vice President, Human Resource Management, Tata Steel from Shri Suresh Prabhu, Hon’ble Minister for Railways, who was the Chief Guest at the event. Tata Steel has also featured in the top 25 overall (across sectors) list of Best Companies to work for.

The award is based on the 15th edition of Business Today’s annual 'The Best Companies to Work for in India' Survey taken across the country. Its purpose is to understand the perceptions and aspirations of India's employees across industries and map these against what they see in their companies, sectors and even across sectors. It provides an insight into how industry at large and in specific verticals can align their employer brands to aspirations and thoughts of the Indian workforce.

Expressing gratitude on receiving the award, Mr. Suresh Dutt Tripathi, Vice President, Human Resource Management, Tata Steel said, “We are proud to have been recognized as the ‘Best Company to work for’ in the core sector. Tata Steel believes that we must lead by example, and this award demonstrates the fact that we’re paving the way for fresh and qualified talent to join the Company. We realize that our employees are the most valuable assets as they play a major role in building a competitive advantage for the company’s business globally. Welfare, wellness, and development of people is in the DNA of Tata Steel, visible through our pioneering people practices that uphold Tata values through transparency and fairness.”

Human Resource Management at Tata Steel is a strategic partner within the organization, helping to recruit and retain the best talent in India. The prime focus of Tata Steel’s pioneering HR practices and policies is on people development & growth, and employee relations. Over the years, the Company has been introduced several pioneering HR policies and initiatives. Among the recently introduced perks are employee-friendly initiatives like five-day work week, 26-week maternity leave, nursing breaks, additional privilege leave for female employees with children aged five years or less, paternity leave, satellite working, sabbatical policy, besides activities under the adventure foundation for management trainees and free medical for employees and their family which have existed for long.

With an aim to include more women in the Company’s workforce, Tata Steel recently launched the Women of Mettle Scholarship programme for engineering students. The women leadership programmes – Tata Steel Ignite & Tata Steel Engage are aimed at grooming women leaders of future. These initiatives largely encompass Tata Steel’s belief in keeping employees contented and motivated to contribute to business goals of the Company in the long run. The organisation strives to build a work environment that focuses on creating an engaged, diversified, productive and healthy workforce.

About Tata Steel

Tata Steel Group stands among the top global steel companies with an annual crude steel capacity of 28 million tonnes per annum (MnTPA) and a turnover of US $17.69 billion in FY16. It is the world's second-most geographically-diversified steel producer, with operations in 26 countries and commercial presence in over 50 countries. Established in 1907, the Group’s vision is to be the world steel industry benchmark in “Value Creation” and “Corporate Citizenship” through the excellence of its people, approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency. Having bagged the Deming Application Prize and Deming Grand Prize for continuous improvement in 2008 and 2012 respectively, Tata Steel has now been recognised as the global ‘Industry Leader’ in ‘Steel category’ by Dow Jones Sustainability Index. Besides being one of ‘worldsteel’s’ Climate Action members, it has also been awarded the CII ITC Sustainability Prize, the ‘Best-in-class Manufacturing’ by TIME Award, the Prime Minister’s Trophy for the best performing integrated steel plant, among several others.

Disclaimer

Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.