Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions. The Institute serves businesses, non-profits and government agencies in more than 60 countries and has conducted pioneering research on the characteristics of great workplaces for over three decades.
Commenting on the achievement, Mr. Anuj Mathur, MD and CEO, Canara HSBC OBC Life Insurance says, “It is indeed a time for us to celebrate this achievement. The New Year has brought with it great news! I am immensely proud that Canara HSBC OBC Life Insurance has been certified by the Great Place to Work® Institute (India). This has been made possible with the support of each and every team member who has been a part of the growth journey of the company. The certification is a testament to our commitment to promises, both to our employees and customers”.
Expressing her view on the great feat, Ms Kiran Yadav, Chief People Officer, Canara HSBC OBC Life Insurance says, “It is indeed a matter of great pride to be recognized as a Great Place to Work. As an organization Canara HSBC OBC Life Insurance is committed to being an unbiased and fair workplace for all. The spirit of our people and their energy is what motivates us to deliver on our promises. I’m immensely proud of our teamwork and camaraderie.”
During the course of the pandemic, Canara HSBC OBC Life Insurance introduced multiple initiatives and revamped their existing people’s policies to help their staff and their families during these testing times. The organization introduced an Enhanced Group Medical Insurance coverage for all employees along with additional COVID cover for employees in junior cadres, covering both hospitalization and home care treatment along with pre & post hospitalization expenses. Canara HSBC OBC Life Insurance also instituted the ‘Vaccination Day Leave’ for both the doses and provisioned the facility of reimbursement of vaccination cost incurred. To help their staff deal with the stress of working from home, Canara HSBC OBC life insurance provided their staff access to free mental health professionals, via phone or text, through the Employee Assistance Program to enable employees to cope up with anxiety & stress.
In India, Great Place to Work® partners with more than 1100 organizations annually across over 22 industries to help them build High-Trust, High-Performance Cultures™ designed to deliver sustained business results. Hundreds of CEOs and CXOs from India Inc. are part of the great place community that is committed to the vision of making India a great place to work FOR ALLTM.
The Institute’s research shows that great workplaces are characterized by great leadership, consistent employee experience, and sustainable financial performance. These organizations are able to deliver a consistent experience to all their employees irrespective of their role, gender, tenure or level in the organization. Their leaders believe in the vision of creating and sustaining a Great Place to Work FOR ALL and role model being ‘FOR ALL’ Leaders.
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About Canara HSBC OBC Life Insurance:
Established in 2008, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is a joint venture between Canara Bank (51 per cent), HSBC Insurance (Asia Pacific) Holdings Limited (26 per cent) and Punjab National Bank (23 per cent). The company brings together the trust and market knowledge of two big public sector banks in India i.e. Canara Bank and Punjab National Bank combined with the global insurance expertise of HSBC.
Headquartered in Gurugram, the Company has branch offices pan India. The company sells and services its customers through a well-diversified partner bank branches and also has a well-established distribution network in Tier 1, 2 and 3 markets. The company has a vast portfolio of insurance products and solutions. It offers various products across individual and group space comprising of life, health, online term plans, retirement solutions, credit life and employee benefit segments.