BWI: Intuit Ranked 2nd in 'India’s Best Companies for Rewards and Recognition 2012’

Press release from Business Wire India
Source: Intuit Inc.
Monday, May 07, 2012 12:30 PM IST (07:00 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Information technology; Technology
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Intuit Ranked 2nd in 'India's Best Companies for Rewards and Recognition 2012'
Company Honored for Rewards and Recognition Programs by Edenred & Great Places to Work

Bangalore, Karnataka, India, Monday, May 07, 2012 -- (Business Wire India) -- Intuit India has been named one of the country's top two Best Companies for Rewards and Recognition in 2012. A leading provider of business and financial management solutions, Intuit was honored for its innovative and structured rewards and recognition programs for its employees in India.

The award was presented by Edenred, - International leaders and India's foremost in Work-Life benefits, Rewards and Loyalty solutions, which partnered with the Great Place To Work® Institute to study India's Best Companies for Rewards and Recognition. This is a first-of-its-kind study in India to recognize companies that excel in rewarding and recognizing their best employees and performers. Judges evaluated the companies in this category based on the work-life benefits, rewards and loyalty solutions offered by organizations as a key business strategy to motivate and engage with employees.

"We are honored to be acknowledged for our rewards and recognition," said Vijay Anand, Vice President of Intuit's India Development Center. "At Intuit, we define our True North as highly engaged people that delight customers and deliver best results for the shareholders. Here, people come first. We strive to provide a great work environment including unstructured time that everyone can use as they please to innovate with impact for our global customers including customers right here in India. Our rewards and recognition program focuses not just on great accomplishments but also on how they have accomplished them. I believe this is an important factor for our high ranking on this survey" he added.

Intuit is a leader in harnessing technology to improve and revolutionize people's financial lives in India. Innovation, giving back to the society and creating a great place to work are among the company's core principles for growth in the country. Intuit's management system is designed to promote growth and innovation. Its Leadership Success Profile helps empower people to achieve their goals.

Nikhil Arora, Vice President and Managing Director, Intuit India, said "This recognition validates our ongoing commitment to creating award-winning, employee-focused policies and programs, which are key to high performance and retention at Intuit. The goal of these awards is to inspire all employees to get involved in innovation and also recognize their consistent performance, unparalleled mix of passion and dedication. We will continue to invest and fine-tune our employee engagement programs which have been at the core of our growth in India".

Intuit's awards and recognition programs for employees are among the most comprehensive and structured in India. Recognition includes everything from heartfelt "thank you's" to monetary awards, as well as formal acknowledgement from Intuit cofounder Scott Cook and CEO leadership awards from President Brad Smith.

The Rewards and Recognition 2012 study is based on the survey data taken from more than 13,000 employees and human resources managers from 76 companies across 11 industries, including IT/ITES, banking, financial services and insurance, fast-moving consumer goods, retail, pharma, and manufacturing. Judges named 10 companies as the best practitioners in the IT segment.

Intuit in India

The company's first venture in Asia Pacific, Intuit has been in India since 2005, currently employing more than 550 employees across offices in Bangalore, New Delhi and Mumbai. The company has been recognized as an employer of choice in India: as the 6th Best Employer in India, among the Top 25 Best Employers in Asia and among the Top 50 Great Places to Work in India. More information can be found at www.intuit.in

About Intuit Inc.

Intuit Inc. (Nasdaq: INTU) is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.

Founded in 1983, Intuit had annual revenue of $3.9 billion in its fiscal year 2011. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com



CONTACT DETAILS
Samantha Unnikrishnan, Intuit India,Global Business Division, +91 (80) 41769750, Samantha_Unnikrishnan@intuit.com
Senthil Manoharan, The PRactice Strategic Communications, +91 7406463776, senthil@the-practice.net

KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, IT, TECHNOLOGY

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