Hindustan Coca-Cola Beverages (HCCB) has been awarded the People Capital Index Award, which recognises the high degree of employee satisfaction regarding talent development programmes among companies.

The recognition for HCCB was announced at a leadership summit, ‘Leading from Behind,’ in Mumbai, where 50 companies were ranked according to the findings of People Capital Index.

The programme is a detailed survey of employee perception, which tries to understand how well companies are working in developing their people capital. The survey was conducted anonymously by talent assessment company, Jombay, among mid managers in various organisations via social and online media and internal company referrals.

Accepting the award, Seema Nair, Executive Director, 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.”

Suruchi Wagh, Co-founder and CPO of Jombay said, “We are delighted to have given Indian enterprise its first People Capital Index award. It is the first survey on ‘people’ in India that provides a deep-dive on the human capital development efforts of an organisation. 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.”

To qualify for evaluation according to the norms by India’s People Capital Index, a minimum of 30 of its mid-management level employees should have taken the anonymous online survey. With that yardstick, 180 Indian companies had qualified to be in the PCI race. 50 of them were felicitated. The top 50 companies are identified based on their PCI scores, and no ranking is assigned to them.