06-19-2009, 01:44 PM
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Join Date: Dec 2008
Location: India
Posts: 80,567
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Qualcomm India Pvt Ltd | | Mail to friend | At no. 4 is Qualcomm India. Mumbai-based telecom company ranks at no. 6 in the overall survey list. At a time when various companies are laying off people, Qualcomm is reversing its role. In fact, the company is increasing investment in new ventures, CSR activities and doling out appraisals-twice a year.
It has even doubled the life insurance coverage to twice the gross salary of employees. The telecom major’s Indian arm plans to emulate the ‘Global Intern Program’ , which involves offering interns the same benefits as regular employees, like stock options, relocation and housing assistance. Almost 30% of interns are absorbed in the company.
To satisfy the entrepreneurial quest of employees, Qualcomm has started a QIN or, Qualcomm Innovation Network to help brilliant minds start their own ‘companies’ within the company. As part of the annual QIN Day, the companies start trading on a virtual exchange and employees buy their shares. The company with the highest ‘share price’ gets funded and Qualcomm helps the company to bring it to market.
Apart from offering the work from home option, it’s the environment at Qualcomm that makes people stick on. | |
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