Bangalore, India - July 17, 2014:
Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company today announced that it has been recognized as the ‘Best Company to Work For’, among Super Sized Organizations (organizations with more than 50,000 employees) in India, in the 2014 edition of Great Place To Work® Institute India’s Best Companies To Work For – a study by Great Place To Work® Institute and The Economic Times. The study covered more than 550 Indian and multinational companies across the private and public sectors as well as not-for-profit organizations, from over 20 industry sectors.
The study recognized Wipro for inspiring trust and instilling pride among its employees, and for creating an environment within the workplace that promotes camaraderie.
This was the eleventh year of the Great Place To Work® study in India and over 1,70,000 employees responded to their employee survey in the 550 organizations. The study uses an employee–centric framework that measures the levels of Trust, Pride and Camaraderie prevalent in an organization through Trust Index©, a proprietary employee tool developed by the Great Place To Work® Institute. Along with employee feedback, the study assessed management practices of the organisations using a people practice assessment framework.
T K Kurien, CEO & Member of the Board, Wipro Ltd said, “We are proud to be recognized as a ‘Best Company to Work For’, among Super Sized Organizations by the Great Place To Work® Institute and The Economic Times. At Wipro, we strive to build a work-place that fosters growth, innovation and one that is both diverse and inclusive.”
Mr. Prasenjit Bhattacharya, CEO, Great Place To Work® Institute India said, “While creating and sustaining a great workplace seems no longer a choice for organizations, but an imperative to success, how does an organization embark on this journey remains a critical question. In many cases, the journey starts with a clear commitment made by the organization’s leadership team – to make this one of the top three goals for the organization. We congratulate Wipro and all other organizations that made it to this list.”
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of over 140,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com
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Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.