Synechron among Top 5 Best Employers in DQ-IDC Best Employer Survey 2007
Pune, 13th September 2007:
Synechron has been ranked as one of the Top 5 Best Employers in India from the IT sector according to the annual Dataquest IDC Top 20 Best Employers Survey 2007.
The annual DQ-IDC Best Employer Survey conducts a comprehensive study of some of the best IT companies in the country and showcases the Top 20 IT/ITeS firms based on an Employee Perception Survey and overall HR Scores. This year, only 33 companies were short-listed for the Employee survey round. The final result was based on a number of different parameters such as Revenue (Compounded Annual Growth Rate), Employee Retention Rate, Average Salary Hike and so on.
Synechron, ranked 5th in the list, has surpassed some of the largest and most well established IT firms in the country. With employee strength of over 850 professionals worldwide, Synechron is relatively much smaller than some of the other companies listed in the survey. However, this has not been a deterrent in Synechron making an impressive debut in the survey.
A progressive career development path, excellent compensation packages and overseas opportunities are just a few of the key factors that have contributed to Synechron’s high ranking in the survey. In fact, Synechron topped the entire IT industry in terms of growth opportunities and pay packages and ranked among the top 5 in the overall HR rankings, and among the top 10 in the Company Image category. Synechron was also voted as one of the “Top 15 Dream Companies to Work In” by employees of other IT organizations across the country. In all the other survey parameters, Synechron ranked distinctly higher than the industry average.
By allowing employees to strike a perfect balance between their professional and personal lives, Synechron has managed to retain its best-of-breed talent and hence managed to maintain an attrition rate that is significantly lower than the industry average. An open door policy, a transparent appraisal system and recreational activities, are a few of the other factors that have made Synechron one of the best IT employers in the country.
Earlier this year, Synechron emerged as one of the top 3 fastest growing IT solutions & services companies in India for the second consecutive year as per Dataquest Magazine’s Top 200 IT Companies Survey 2007
About DQ-IDC Best Employer Survey
The annual DQ-IDC Best Employer Survey is conducted each year among the leading IT companies of India. The results were based on a survey of 2,844 employees from the participating companies. The top 20 IT companies in the entire country are selected after a careful screening process consisting of several predefined parameters such as HR Scores, Revenue (Compounded Annual Growth Rate), Salary hikes, Retention rate, total employee strength and overall employee satisfaction.
About Synechron
Synechron is a Global IT Solutions & Services provider with a niche focus on the BFSI (Banking and Financial Services) space with headquarters in New Jersey, global offices in the US, and a state-of-the-art Development Center based in Pune, India. Synechron provides a range of IT solutions with a domain focus in Capital Markets, Insurance, Mortgage Banking and Internet Media & Technology. Services include development, customization, integration, maintenance, support, migration, automation, QA Services and KPO services. For more information visit www.synechron.com
Synechron Corporate Contact:
Siddharth Madhusudan for corporate communications
Pune, 13th September 2007:
Synechron has been ranked as one of the Top 5 Best Employers in India from the IT sector according to the annual Dataquest IDC Top 20 Best Employers Survey 2007.
The annual DQ-IDC Best Employer Survey conducts a comprehensive study of some of the best IT companies in the country and showcases the Top 20 IT/ITeS firms based on an Employee Perception Survey and overall HR Scores. This year, only 33 companies were short-listed for the Employee survey round. The final result was based on a number of different parameters such as Revenue (Compounded Annual Growth Rate), Employee Retention Rate, Average Salary Hike and so on.
Synechron, ranked 5th in the list, has surpassed some of the largest and most well established IT firms in the country. With employee strength of over 850 professionals worldwide, Synechron is relatively much smaller than some of the other companies listed in the survey. However, this has not been a deterrent in Synechron making an impressive debut in the survey.
A progressive career development path, excellent compensation packages and overseas opportunities are just a few of the key factors that have contributed to Synechron’s high ranking in the survey. In fact, Synechron topped the entire IT industry in terms of growth opportunities and pay packages and ranked among the top 5 in the overall HR rankings, and among the top 10 in the Company Image category. Synechron was also voted as one of the “Top 15 Dream Companies to Work In” by employees of other IT organizations across the country. In all the other survey parameters, Synechron ranked distinctly higher than the industry average.
By allowing employees to strike a perfect balance between their professional and personal lives, Synechron has managed to retain its best-of-breed talent and hence managed to maintain an attrition rate that is significantly lower than the industry average. An open door policy, a transparent appraisal system and recreational activities, are a few of the other factors that have made Synechron one of the best IT employers in the country.
Earlier this year, Synechron emerged as one of the top 3 fastest growing IT solutions & services companies in India for the second consecutive year as per Dataquest Magazine’s Top 200 IT Companies Survey 2007
About DQ-IDC Best Employer Survey
The annual DQ-IDC Best Employer Survey is conducted each year among the leading IT companies of India. The results were based on a survey of 2,844 employees from the participating companies. The top 20 IT companies in the entire country are selected after a careful screening process consisting of several predefined parameters such as HR Scores, Revenue (Compounded Annual Growth Rate), Salary hikes, Retention rate, total employee strength and overall employee satisfaction.
About Synechron
Synechron is a Global IT Solutions & Services provider with a niche focus on the BFSI (Banking and Financial Services) space with headquarters in New Jersey, global offices in the US, and a state-of-the-art Development Center based in Pune, India. Synechron provides a range of IT solutions with a domain focus in Capital Markets, Insurance, Mortgage Banking and Internet Media & Technology. Services include development, customization, integration, maintenance, support, migration, automation, QA Services and KPO services. For more information visit www.synechron.com
Synechron Corporate Contact:
Siddharth Madhusudan for corporate communications
