Tue. May 28th, 2024

Hyderabad, 21st March 2024: Synchrony, a leading consumer financial services company, has been recognized as one of India’s Best Workplaces Building a Culture of Innovation by All 2024, by Great Place to Work® India, for the second consecutive time. This recognition is a testament to Synchrony’s people-centric approach that nurtures innovation through strong organizational connectivity along with individual empowerment. Within the survey, a part of the Innovation focus area, 94% of the employees answered that the management genuinely seeks and responds to suggestions and ideas, and 94% of employees felt that they make a difference here.

The Top 50 organizations among India’s Best Workplaces Building a Culture of Innovation by All 2024 have been evaluated based on a comprehensive methodology. Synchrony’s recognition highlights its efforts in developing people practices that prioritize employee well-being and proactively respond to feedback to create a High Trust and Performance Culture.

In 2023, Synchrony achieved prestigious accolades in workplace excellence, #5 among India’s Best Companies To Work For, Top 5 among India’s Best Workplaces in Diversity, Equity, and Inclusion, and Top 10 among India’s Best Workplaces for Women by Great Place To Work® India. These accolades, along with inclusion in LinkedIn’s esteemed ‘Top Companies India 2023’ list underscore our commitment to prioritizing our people in every aspect of the business.

“Our aim has always been to create a workplace and culture where people’s differences are not just accepted but valued, authenticity is celebrated, and everyone has the opportunity to contribute their best,” said Gaurav Sehgal, Senior Vice President Human Resources – Asia, at Synchrony. “As we continue to transform the way we work, we remain committed to bringing forth initiatives that support and enhance the total well-being of all our employees,” he added.

At the core of Synchrony’s dedication lies the ‘Way of Working in India’ initiative, providing all employees with a flexible work-from-home option. Whether operating remotely or at the Hyderabad and Bengaluru offices, Synchrony’s people-first culture persists, fostering an environment where each individual can contribute meaningfully and advance their career within a framework that values flexibility and inclusivity.

Synchrony’s Diversity & Inclusion Networks is a testament to the company’s dedication to fostering a workplace where every individual can be their authentic selves. With 51% female representation, over 106 persons with disabilities, over 10 employees who are veterans, and over 40 family members who are veterans, Synchrony takes pride in the progress made, while acknowledging that there is always more work to be done.

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