Mahindra Ideal Finance Limited marked another milestone on its journey of being an employer of choice recently, when it was ranked among the 15 Best Workplaces for Millennials in Sri Lanka 2022, by Great Place to Work.
The achievement is significant as Mahindra Ideal Finance has been working hard to position itself and deliver on being the employer of choice for young professionals looking to build careers in the financial services space. The accolade was presented to Mahindra Ideal Finance Limited at the Great Place to Work in Sri Lanka awards ceremony, at the Colombo Hilton recently
From its inception, Mahindra Ideal Finance has been committed to being a caring and trustworthy employer, understanding the fundamental truth that human capital is the most valuable capital of all. Particularly during the pandemic, the Company went to exceptional lengths to ensure the safety, security and health of its employees in all aspects, physical and psychological, at work and at home.
Mahindra Ideal Finance has also striven to foster and drive a performance-based culture that provides a meritocratic mechanism for advancement to provide maximum potential for personal and professional development, in the shortest possible time. The Company values each of its team members individually and is keenly cognisant of their roles in making Mahindra Ideal Finance one of Sri Lanka’s leading and fastest-growing licenced finance companies.
The ranking of the Great Place to Work, List of Best Workplaces for Millennials in Sri Lanka 2022 was undertaken in accordance with Great Place to Work’s rigorous 2 lens model of the Trust Index employee survey and the Culture Audit people practice analysis framework and matched the global qualification criteria required to be a Great Workplace.
The study was conducted by assessing 72,350 employees at an 85% response rate across more than 160 organisations in Sri Lanka from July 2021 to June 2022. Nearly 20,000 millennials responded to the anonymous survey. The assessment for the list of Best Workplaces for Millennials also further considered organisations with 20% or more millennials, with 70% or more having a positive perception of their employer. Organisations that scored higher on collaboration, work-life balance, non-discrimination by age, meaningful work, making a difference, contributing to society and pride in the organisation, attributes considered valuable by millennials, were also ranked higher in the list.
Having been tipped as one of the Best Workplaces in Sri Lanka for three years consecutively, Mahindra Ideal Finance Limited is an employer of choice within the financial services space in Sri Lanka. The Company’s rapid network expansion drive, which is creating many new opportunities for young and aspiring professionals, was launched subsequent to Mahindra and Mahindra Financial Services Limited, India acquiring a controlling stake in Ideal Finance Limited in 2021, soon after which Fitch Ratings upgraded the Company’s rating to AA – (lka) with a stable outlook, in recognition of the Company now being backed by a global financial services giant.