TPG Software is recognized as a leader in rewards and recognition in India for 2012. They operate based on the philosophy that publicly recognizing contributions is important for respect, recognition and appreciation. Some key aspects of their rewards and recognition program include averaging over 2 awards per employee per year to meet different levels of needs, fairness in how awards are determined, and touching employees' families by sharing recognition. They also focus on equal opportunities, flexibility, development and maintaining a positive work environment and culture of recognition.

1. India’s Best Companies for
Rewards and Recognition 2012
TPG Software Pvt. Ltd.
International Leaders and India’s Foremost in Work – Life Benefits, Rewards and Loyalty Solutions

2. “People may forget words;
People may forget actions;
but people will always remember
Respect, Recognition & Appreciation
given to them publically for their
contributions is the philosophy on
which TPG Software operates”

3. Average Age of 28 years
Mechanism to meet needs towards
love & belonging and Self Esteem Self-actualization
On an average planned more than 2 Perfection &
awards per employee per annum Contribution
Opportunities to win prizes events Esteem
and Fun@Work Confidence, achievement,
respect of others, respect by
others
Love/Belonging
Friendship, family, intimacy etc.
Safety
Job Security, Safety & Health
Physiological
Basic Needs of survival.

4. Fairness in declaring the award (scrutinized at 3 levels
RM, PM & SCM with details ranging from all functional
& contextual contributions)
Measures of
Match the Match the
Achievements
Reward to Reward to
in the light of
Achievements Person
Award
Touching hearts of employees & Families -
parents, spouse, kids (Sharing respect & recognition
with employee’s family for their contributions towards
the employee’s success in the company; thus making
the company succeed in its objectives – Awards such
as flower bouquet, Feng-shui plants, Greeting
Cards, house-hold gifts, games, ticket & shoppers-stop
vouchers, ).

5. Equal Opportunity for all
Extra care taken for R&R of New Joiners and Gen “Y” & Balancing Gen “X” and
Gen “Y”
Reward Contextual Contributions to support Culture & Purpose beyond
business
Chance for everyone to be recognized & appreciated ( JA, MA, Birthday,
Appreciation Tree, GEM Team, Star Performer, Prizes at Fun@Work)

6. Understanding & reading people’s mind
Sr. management & leadership taking responsibility
Established Action Plan for 105 Action Items
delegated upwards
Published achievements on quarterly basis
98% task accomplished
Upward Appreciations from people to leadership

7. Quarterly theme for Appreciation Tree
Discussion Board
Joining Anniversary Communications
Cross functional clubs – Arbit, Jagruti, Zaika,
Cricket
Channels of communication

8. Many opportunities for recognition & reward
Flexibility to choose appraisal cycle,
Flexibility to choose compensation structure
Flexibility to choose variable pay
Lunch out of tenured people in 5 Star Property with
Leaders

9. Development Opportunities 15
85
Performance Appraisal System 14
86
Total Compensation 13
87
Confidence on Top/ Senior Management 11
89
Work Environment 9
91
Corporate Perspective 9
91
Parameters
Reward & Recognition 8
92
8
Agree
Work-Life Balance 92 Disagree
Relationship with Seniors 7
93
Communication 7
93
Business Understanding 5
95
Comaraderie 4
96
Enabling function 4
96
Culture 3
97
0 20 40 60 80 100 120
No. of Response (in %age)

10. Let’s Recognize, Respect & Reward