Netsmartz Recognized as India’s Best Workplaces in IT & IT-BPM 2023

Netsmartz Recognized by Great Place To Work® India among India’s Top 100 Best Workplaces in IT & IT-BPM 2023.

Chandigarh, 30.11.2023 – Netsmartz LLC has been recognized by Great Place To Work India among – India’s Top 100 Best Workplaces in IT & IT-BPM 2023.

To ensure that its workforce remains at the forefront of the rapidly evolving digital landscape, Netsmartz invests in continuous training and development programs. One of India’s Best Workplaces in IT & IT-BPM 2023 recognition reflects Netsmartz’s is dedicated to establishing practices for their employees and proactively acting on the feedback to create a High Trust Culture. The company values diversity and strives to provide an environment where individuals from all backgrounds can flourish and make meaningful contributions to the organization’s mission.

As a global authority on workplace culture, Great Place To Work has been studying employee experience and people practices across organizations for over three decades. Every year, more than 100 million employees from over 150 countries worldwide take the with Great Place To Work for assessment, benchmarking, and planning of actions to strengthen their workplace culture.

In this year for India, based on a rigorous evaluation methodology, 20 organizations among India’s Best Workplaces in IT & IT-BPM 2023 have been recognized. These organizations, among other practices, particularly excel both on people practices that they have crafted for their employees and proactively acting on the feedback to create a High Trust Culture.

As we stand at the intersection of disruptive innovation and sustainable progress, I reflect on the profound and indispensable role played by the IT industry in driving the Indian economy forward. India’s IT industry contributes a staggering 7.5% towards the country’s gross domestic product (GDP). This statistic not only underscores the economic significance of this sector but also showcases the pivotal role each organization plays in shaping the trajectory of our nation. The emergence and robust contribution of cutting-edge technologies such as AI and deep tech in the Indian IT sector, as of 2023, further accentuate our industry’s status as a hub of talent and innovation with global delivery capabilities. It is the collective effort of these organizations that lays the groundwork for a future where technological prowess is synonymous with national progress and global ambitions.

Our report, India’s Best Workplaces™ in IT & IT-BPM, highlights the vibrancy and resilience of this industry. With over 1.8 million employee voices contributing to our study, trends that will shape our future of work continue to be myriad. As many of you are aware, all organizations that nominate themselves for India’s Best Workplaces in IT & IT-BPM list undergo an assessment. This assessment, through our proprietary methodology, aims to study the ways in which organizations completely channelize their people power and create inclusive workplaces through effective leadership and meaningful values, and nurture a culture where all employees experience high levels of trust and bring their best self to work.

Through our report, we see that in the transition from 2022 to 2023, the industry has experienced subtle shifts in employee perceptions. While the overall employee experience saw a dip, dimensions like Pride and Fairness emerged as the highest and lowest in employee sentiment, respectively. The reduction in Camaraderie (-1%) and a diminished sense of Pride (-1%) among employees has shaped the overall employee experience.

As we delve deeper into the data, one can see that despite the rise in employee experience at larger companies, burnout risk remains a significant concern, affecting 27% of employees, 3% higher compared to mid-sized companies. This underscores the importance of maintaining a delicate balance between growth and employee well-being (77% of IT companies actively monitoring well-being recognize its profound impact on morale, productivity, and organizational success)

In addressing the current challenges, Workplace Ikigai emerges as a holistic solution.  Workplace Ikigai embraces elements beyond the confines of a paycheck. It empowers individuals to align their personal passions, cultivate meaningful relationships, embody exceptional leadership, and create an enduring impact.

Today’s hybrid work environments stress the urgent need to build camaraderie, a vital thread in the fabric of our workplace. As we embrace flexibility, fostering collaboration becomes more critical. Commitment to prioritizing workplace camaraderie is underscored by the belief that strong and healthy dynamics at work lead to a great workplace.

83% of Best Workplaces invest mindfully in their employees’ growth. Leadership excellence, despite being the lowest-scoring lever in Workplace Ikigai, shows an upward trend. This emphasizes the need for more accountability and authenticity at leadership levels.

“Our company aims to excel in people practices and proactively act on feedback to create a High Trust Culture; we are committed to fostering an atmosphere of trust and collaboration. Through continuous improvement and responsiveness to employee feedback, we strive to uphold an IT culture that empowers each team member, encourages innovation, and promotes mutual respect.”

– Manipal Dhariwal, Co-Founder and CEO, Netsmartz LLC

Backed by 30 years of data, Great Place To Work® is the global authority on workplace culture. Through its proprietary For All™ Model and Trust Index™ Survey, it gives organizations the recognition and tools to create a consistently positive employee experience. Its mission is to help every place become a great place to work for all, driving business growth, improving lives, and empowering communities. Through globally recognized and coveted Great Place To Work Certification™ and highly competitive Best Workplaces™ Lists, Great Place To Work enables employers to attract and retain talent, benchmark company culture, and increase revenue. Its platform enables leaders to truly capture, analyze and understand the experience of every employee, and compare outcomes with data collected from more than 100 million employees in 150 countries worldwide.

About Netsmartz LLC

Netsmartz, a software company based in the USA, was established in 1999, focusing on offering a carefully selected group of elite software developers from over 10+ global tech campuses.

With a proven track record of serving Fortune 500 clients, Mid-sized Enterprises, and start-ups in their digital transformation journey, Netsmartz expedites your software development process by allowing you to choose from nearshore, offshore, and remote team options.