Inclusion in Indian Consulting Firms

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This paper explores the prevalent practices for inclusion in the services industry, with special reference to consulting firms. It mentions some of the policies being followed in the industry to make the work place an egalitarian one with people exhibiting mutual respect for each other. There are various facets of inclusion which through relevant HR policies, can make day to day work at the organization more balanced and conducive for efficiency. Be it the work life balance, transparency in promotion and bonuses, facilities that the administration provides, the approachability of senior members in the organization or retention of the talent in the firm; the aspects are countless. Yet, a common thread of mutual employee respect and work satisfaction runs through them all. Hence, this paper is a modest attempt to throw some light on such policies, which cover the aforementioned aspects in the consulting domain where the companies are competing with each other in order to make their workplaces the most favorable. According to a survey in India, before joining a prospective employer the major parameters on which the aspirants rate a firm are: career growth, learning and development, job profile, job security and opportunities to go abroad. However, from the employer’s perspective, another survey tells us that some of the major challenges faced in order to retain its employees are to keep the work place interesting, to give them freedom to speak their minds, to provide facilities based on individual needs and to encourage work life balance. Hence, we can clearly see a disconnect between pre joining expectations of an employee and post joining priorities. Most of the employers within an industry can provide the former; but the la... ... middle of paper ... ...e that despite the various challenges faced by consulting firms; they have come up with innovative ways to bring about inclusion in the firms. In India especially, these policies hold a lot of importance as according to Business Standard; India has high attrition rate of 14 % which is higher than the global rate. The firms have understood that it’s not just the paycheck that motivates the employee. A number of other factors such as fairness, mutual respect and individual dignity are cornerstones of employee satisfaction and hence, the relevance of inclusion is increasing by the day. Works Cited • Best Companies to Work for in INDIA by Nishad.P.I • Websites of Consulting firms • Website of Princeton University on the topic of inclusion • Blog HR Vigilance • ‘Indian cos attrition rate at 14%, higher than global average' published in Business Standard

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