Intuit Inc. (Nasdaq: INTU), a leading provider of business and financial management solutions for small and mid–sized businesses, ranked No. 7 on “India’s Best Companies to Work For - 2015” list by the Great Place to Work Institute and The Economic Times. The company improved upon its No. 8 ranking in 2014 and marked its seventh successive year on the list.
Intuit India also ranked 4th in the IT industry category and 3rd in Best Companies in Supporting Women To Remain at Work category. The company has seen a 29 percent increase in its gender diversity ratio in the last year.
Speaking on the recognition, Vijay Anand, Vice President, Intuit India Development Centre (IDC), said, “This is a great honour and timely as we celebrate 10 years of excellence in India. Our improved ranking is testament of our unwavering employee focus and endorses our continuous efforts to create an environment where the world’s top talent can do the best work of their lives. “By attracting a diverse workforce, we help foster an environment where differences are valued and respected. And it is in this environment that inspiration and innovation thrive, creating a challenging workplace, inventing new and better products, and delivering strong business performance. We will continue to invest in making us an employer of choice in India.”
Somnath Baishya, Director and Head of HR, Intuit India, said: “We are delighted to be included in India’s ‘Best Companies to Work For’ list yet again. We see our employee networks as leadership development factories that support Intuit's overall diversity strategy. Our 11 employee networks are organized and driven by passionate people with similar interests, backgrounds or heritage and a desire to learn from each other’s point of view. These help create a high-commitment, high-performing organization where the world’s brightest are challenged and empowered to grow.”
Innovation at Intuit
Innovation is the art of seeing the world anew. Intuit offers every employee – from starting interns to senior leaders –the opportunity to grow, discover, and expand their personal and professional horizons. As a premier innovative growth company, innovation is in the organization’s DNA and the India Development Center is leading in the usage of cutting edge technologies such as cloud, mobile and big data to solve the big problems of its customers.
In India the company’s engineers have built sophisticated innovation into products by incorporating advanced technology such as machine learning and big data to deliver a personalized and awesome product experience for our customers. Further, we believe in giving small businesses the power to tailor the products to fit their markets, while connecting small business owners to each other so they can draw on the wisdom and the contributions of their peers. We call this “participation-driven innovation”. This is the approach we have taken with our new global QuickBooks offering. The way it works is that core QuickBooks tools and features are universally available.
The insight we are savoring is a potentially new approach to software development. Our experience so far with QuickBooks is further evidence to us that in today’s global marketplace, the role of companies is to build platforms that empower participant-driven innovation.
Employees are also encouraged to spend 10 percent of their time – called unstructured time to chase dreams. This can include spending time working on a new product, participating in innovation forums designed to share ideas across the company, or providing the mobility to move to a new job down the hall or on the other side of the globe.
Diversity at Intuit
The diverse background of Intuit’s employees provide the valuable perspectives necessary to fuel innovation and global business. This diversity can be seen through the company’s employee networks and special interest groups. Among these are Tech Women@Intuit – a group of women who volunteer their time and talent toward making Intuit an awesome place for technical women.
The company’s culture encourages individuals and teams to work collaboratively across its product ecosystem with shared priorities, success metrics and accountability. Often working in small teams, employees form strong relationships and solve problems together.
About Great Place To Work® Institute
Based on over 25 years of research across the globe, Great Place To Work® Institute defines a great workplace as one where employees trust the people they work for, have pride in work they do and enjoy the company of people they work with. Great Place To Work® Institute is a global management consulting, research and training firm dedicated to enabling organisations achieve business objectives by building better workplaces. Along with The Economic Times, it recently concluded its annual study aimed at identifying the best companies to work for in India. The Best Companies to Work in India is a study conducted by the Great Place to Work Institute, India in partnership with The Economic Times. The 2015 edition is the twelfth study in India, which received overwhelming response from over 700 companies, polling over 144,000 employees making it the largest such study in India. Great Place to Work Institute is committed in their efforts to help organizations across all sectors achieve lasting improvements in their workplace relationships. Measurable business benefits and better corporate performance are the result of creating a great workplace.
About Intuit India
Intuit is a leading provider of business and financial management solutions for small and mid-sized businesses in the country. Intuit India, the company’s first venture in Asia Pacific, commenced operations in 2005 and currently has more than 1,000 employees across offices in Bangalore, Gurgaon, Mumbai and Jaipur. Intuit stands on the core principles of customer-driven innovation and improving the financial lives of its customers profoundly with product offerings such as Intuit QuickBooks in India. Intuit has been ranked No. 8 Best Companies to Work for in India in 2014, No. 5 in the IT industry and No. 2 in Flexibility and Work Life Balance category by the Great Place to Work Institute. For more information, please visit http://www.intuit.in/
About Intuit Inc.
Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. Mint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants.
Founded in 1983, Intuit had a revenue of $4.5 billion in its fiscal year 2014. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations.