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LG Electronics India

Mail to friend At no. 8 on the list of Best Employers in India is another technology company LG Electronics. What makes the company a part of this list are its array of employee-friendly programes. The company has a family ambassador programme where a dedicated mentor goes to the employee's house and talks to his family, discuss their problems. According to another programme, employees are given a chance to visit Korea on completion of specific years of service. LG Electronics India also believes in no demarcation between junior and senior employees. In February, the company reportedly gave a special 150% ‘teamwork’ bonus to employees who completed two years in the organisation. It has also announced cash awards of Rs 1.5 lakh for employee kin gifted in music and painting. However, the economic turmoil has not left the company unscathed. The company aims to save about $384 million through cost cutting and efficiency-improvement measures in 2009. It claims to have renewed its focus on cutting overhead costs and on wastage elimination. For instance, it has reportedly made uniform shift timings for all employees, which reduces transportation costs. It is also making use of the video conferencing facility to cut travel costs.