Achieving a place among the top 50 great places to work in India for 3 consecutive years is not easy. An Organization today cannot win over it’s competition by price leadership or by product Innovation, as products can be duplicated and markets may force price reduction. An organization can only win today by promoting a winning work culture by a robust Performance Management System.
The objective of the PMS at HDFC Life is :
To provide a framework for assessment of goals / critical incidences and create a visible, transparent and fair reward system.
To enable a feedback mechanism this aligns individual behavior with organizational goals.
To identify learning and developmental needs
Therefore, while performance is given utmost importance in the organization, we also ensure that the "life" of the organization remains vibrant and energetic, yet competitive.