The Employee Experience Platform | Culture Amp

Financial Services India, July 2023

  • Emerging

    Benchmark status

We consider this an emerging benchmark: it has enough data available for us to use bootstrapping to create a representative sample. As the sample grows in size, some scores may slightly change. Our research has shown that our bootstrapped scores are consistent with our standard benchmarks. Read more about the methodology.

Data provided by Culture Amp

Most represented industries in this benchmark

  • Financial Services

    100%

Reported gender breakdown

  • Male

    68%

  • Female

    32%

  • Non-Binary

    0%

Are employees committed to their organizations?

Engaged people are emotionally committed to their organization. These people stay at their organizations longer and are more productive and effective. Successful organizations have more engaged employees.

80% of Financial Services India employees are engaged

This is in the top 31% compared with the overall average.


The average eNPS score for organizations in this benchmark is 40 and is in the top 7% compared with the overall average.

Understanding the engagement questions

Engagement is defined through these five industry-standard questions from Culture Amp’s engagement survey template.

I would recommend [Company] as a great place to work

90%

7% above global average

[Company] motivates me to go beyond what I would in a similar role elsewhere

80%

10% above global average

I am proud to work for [Company]

90%

4% above global average

I rarely think about looking for a job at another company

66%

9% above global average

I see myself still working at [Company] in two years time

75%

8% above global average

The highest scoring question for Financial Services India had 93% of people agreeing that they know how their work contributes to the goals of [Company] (+3% compared to overall) while they were generally most positive about Inclusion.


People in Financial Services India were generally least favourable about Feedback & Recognition, and were most negative towards 'I believe my total compensation base salaryany bonusesbenefitsequity is fair relative to similar roles at other companies' with 17% of people disagreeing (-4% below average).

How long do people stay?

In the short term, 12% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-6% compared to overall) while on a longer time frame, 7% of people see themselves leaving within two years (-3% compared to overall).

Average Glassdoor ratings

We’ve connected the employee feedback data for each company included in the benchmark with ratings from Glassdoor.com, which is one of the world’s largest job and recruiting sites combined with a growing database of company reviews, CEO approval ratings and more.

Overall Rating

3.9 stars (+0.1)

Senior Leadership

3.2 stars (+0.1)

Diversity and Inclusion

3.8 stars (-0.1)

Culture and Values

3.3 stars (-0.2)

Work Life Balance

3.6 stars (+0.1)

Compensation and Benefits

3.0 stars (-0.3)

Career Opportunities

2.9 stars (-0.3)

Recommend to Friend

75.0% (+3.0)

CEO Approval

85.0% (+2.0)

Understanding Tenure distributions

Tenure describes how long an employee has worked for their company: we know through our research that newly hired employees tend to be more positive than their tenured counterparts. Positivity declines sharply before bottoming out between two to six years, then rises slightly for those that remain.

The tenure composition of a benchmark can influence overall scores.

Tenure distributions

  • Less than 6 months

    11%

  • 6 months to less than 1 year

    20%

  • 1 to less than 2 years

    23%

  • 2 to less than 4 years

    20%

  • 4 to less than 6 years

    11%

  • 6 to 10 years

    9%

  • Greater than 10 years

    6%

Questions included in Financial Services India

Some of Engagement questions

Display all questions
  • At [Company] there is open and honest twoway communication

  • At [Company] we act on promising new or innovative ideas

  • Daytoday decisions here demonstrate that quality and improvement are top priorities

  • Generally I believe my workload is reasonable for my role

  • I am able to arrange time out from work when I need to

  • I am appropriately involved in decisions that affect my work

  • I am given opportunities to develop skills relevant to my interests

  • I am included in decisions that affect my work

  • I am proud to work for [Company]

  • I believe action will take place as a result of this survey

  • I believe my total compensation base salaryany bonusesbenefitsequity is fair relative to similar roles at other companies

  • I believe there are good career opportunities for me at [Company]

  • I can be my authentic self at work

  • I feel I am part of a team

  • I have access to the learning and development I need to do my job well

  • I have access to the things I need to do my job well

  • I have seen positive changes taking place based on recent employee survey results

  • I know how my work contributes to the goals of [Company]

  • I know what I need to do to be successful in my role

  • I rarely think about looking for a job at another company

  • I receive appropriate recognition for good work at [Company]

  • I see myself still working at [Company] in two years time

  • I would recommend [Company] as a great place to work

  • Most of the systems and processes here support us getting our work done effectively

  • My job performance is evaluated fairly

  • My manager genuinely cares about my wellbeing

  • My manager gives me useful feedback on how well I am performing

  • My manager is a great role model for employees

  • My manager keeps me informed about what is happening at [Company]

  • My manager or someone in management has shown a genuine interest in my career aspirations

  • Other departments at [Company] collaborate well with us to get the job done

  • People from all backgrounds have equal opportunities to succeed at [Company]

  • The leaders at [Company] demonstrate that people are important to the companys success

  • The leaders at [Company] have communicated a vision that motivates me

  • The leaders at [Company] keep people informed about what is happening

  • The products and services [Company] provides are as good as or better than our main competitors

  • We are encouraged to be innovative even though some of our initiatives may not succeed

  • We have enough autonomy to perform our jobs effectively

  • We hold ourselves and our team members accountable for results

  • When it is clear that someone is not delivering in their role we do something about it

  • [Company] effectively directs resources funding people and effort towards company goals

  • [Company] is in a position to really succeed over the next three years

  • [Company] motivates me to go beyond what I would in a similar role elsewhere

  • [Company] really allows us to make a positive difference

How does Financial Services India compare?

People in Financial Services India were much more positive than average regarding Feedback & Recognition, Action, and Collaboration & Communication.


On the lower side, people in Financial Services India had much lower favorable scores than average in Work & Life Blend.

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