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HCCB Pvt Ltd. receives India’s first People Capital Index (PCI) Award

Bengaluru, February 5, 2018: Hindustan Coca-Cola Beverages (HCCB) Pvt Ltd. – one of India’s top 5 FMCG companies has been awarded India’s first and most significant standard of talent delight, the People Capital Index Award, for its high degree of employee satisfaction with regards to talent development efforts and programs.

The award was announced at the HR leadership summit, Leading From Behind, where the 50 companies that ranked high as per the findings of the People Capital Index. The People Capital Index Report for companies in India is the first significant and deep dive into employee perception of how well organizations are working on developing their people capital. Jombay, one of India’s fastest growing talent assessment and development companies, conducted extensive anonymous surveys of mid-managers in different organizations via social and online media and internal company referrals to obtain their inputs.

Accepting the award, Seema Nair, Executive Director, Hindutan Coca-Cola Beverages Pvt Ltd said, “HCCB has accorded top priority to people capital within the organisation by implementing industry-best practices, processes and standards. We continue to empower our employees with the latest training and development programmes to keep them ahead of the growth curve. This has created a win-win situation for both employees and the organisation."? “Our employees are our most precious asset, and this high rank on India’s first People Capital Index is the most satisfying vindication of both, our HR policies and the focus and support of our top leadership for the growth and development of our employees,"? she added.

Suruchi Wagh, Co-founder and CPO of Jombay, said, “We are delighted to have given Indian enterprise its first People Capital Index. It is the first survey on ‘people’ in India that provides a deep-dive on the human capital development efforts of an organization. HCCB Pvt Ltd, which is amongst the best 50 Indian companies on PCI, is not only powering talent development, but also setting an example with great takeaways for the entire HR fraternity in India. The HR team at HCCB Pvt Ltd should be very proud indeed. The People Capital Index also has many findings, takeaways and insights which, coming as they do from employee feedback, will help and guide HR practitioners a great deal in people development and thereby also combat attrition. We are confident that the PCI will become the People Development gold standard for all companies and HR professionals across Indian enterprise."?

The British Standards Institution (BSI), the world’s most experienced Standards Body and founding member of ISO, has been the standards & audit partner for PCI.

Venkataram Arabolu, Managing Director - BSI Group India Pvt Ltd., said, “After carefully evaluating the process, scoring and methodology of Jombay's People Capital Index, we believe that this benchmarking index, has a lot of potential to become a global standard for talent development. PCI follows a highly transparent process as it runs anonymous surveys independently, making it difficult to get influenced results. We at BSI feel that PCI will serve as a yardstick for the Learning and Development fraternity. It will create and give them a concrete measure to evaluate their existing practices and be future-ready."?

For a company to qualify for evaluation per the norms of India’s People Capital Index, a minimum of 30 of its mid-management level employees should have taken the anonymous online survey. By that yardstick, 180 Indian companies had qualified to be in the PCI race; of these, 50 were felicitated. PCI released a list of the Top 50 PCI score companies in alphabetical order without a ranking. So, the HR policies, programs and initiatives for talent development at name of company have been acknowledged as being among the best across Indian enterprise.

About Hindustan Coca-Cola Beverages Pvt Ltd

Hindustan Coca-Cola Beverages Pvt. Ltd, is one of India’s largest FMCG manufacturing and distribution companies. It is responsible for the manufacture, package, sale and distribution of beverages under the trademarks of The Coca-Cola Company. The Company owns and operates 21 factories. It also sources from and supports 11 contract packers’ plants. A network of 4,000 distributors and 2 million retail outlets distribute the high quality, great tasting beverages manufactured by Hindustan Coca-Cola Beverages.

The Company has always placed high value on good citizenship and to that end, is supporting communities by enhancing skills of rural youth through Career Development Centre, improving the lives of communities around its bottling plant by very focused intervention in the areas of access to safe drinking water, sanitation and promoting sustainable agriculture through Integrated Watershed Management Projects under Public-Private-Community partnerships.

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