Download - Reliance Commercial Finance
International Leaders and India’s Foremost in Work – Life Benefits, Rewards and Loyalty Solutions
India’s Best Companies for
Rewards and Recognition 2012
Reliance Commercial
Finance
Rewards & Recognition philosophy
Unique proposition
• Circle of triumph as a brand has been developed which symbolizes R&R
• Family connect: Building a business connect through a individual & families.
• Celebrating awards in a colorful & exceptional manner
• Touching off roll staff through spot recognitions. (Best Loggers, Best Disbursers)
• The Final Frontier: Our channel partners DSA’s are felicitated through this forum.
• Hi 5 club: Employees completing 5 years are felicitated along with families
• Incentive trips: Organization sponsors an offshore trip for top performers
• Frequency: Monthly, Quarterly & Yearly
• Types of Recognition - 3 Fold approach:
1. Organization based (6 degree of perfection)
2. Culture based (customer centricity, collaboration, innovation, knowledge, appreciation culture, quality awards)
3. Business & Performance based (CEO’s club, CFO’s club)
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Reliance DNA’s a part of R&R
DNA recognitions: Behavior of employees which is a
reflection of our organization DNA Value system is
recognized and awarded.
The six DNA’S are:
1. Entrepreneurial Mindset: Building ownership for
visionary growth & profitability
2. Ownership & Commitment: Stronger together,
committed to organization vision
3. Speed & Execution: Speed in thought & action to
enable state-of-the-art execution of ideas
4. Integrity: Constant guiding force
5. Respect & Dignity: Cares for people and values
human dignity
6. Pride & Passion: Emotion that bond us and drive
excellence
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Taking R&R to the next level
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24*7 recognition: The entire process of R&R is online, through a people portal
called Parivartan.
Transparency & Fairness maintained
R&R Committee, led by senior leadership team at RCF
Regular update of winners on our intranet called ‘My World’
Aspirational value: Platform for recognition in public domain. On an average 12%
of employees are recognized across organisation
Measuring effectiveness - ROI
Employee responses are surest and the most scientific way to measure our
effectiveness. These responses are taken constantly. In the recent GPTW survey
we scored a rocking 78% to the statement
‘Everybody has an opportunity to get special recognition’.
3 DNA nominations received on an average to each employee
Replication of R&R practice across Reliance Capital group companies.
Collaborative culture being fostered as result of which productivity has increased
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AUM per employee (in crs)
Few Glimpses
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Thank You