Tata Steel has been certified as a Great Place to Work organisation in India for the fifth time by Great Place to Work® Institute. The annual certification from the Great Place to Work® Institute recognises Tata Steel's efforts towards building an organisation of High-Trust and High-Performance Culture.
Over the years, Tata Steel has introduced several path-breaking policies, practices, and initiatives for various segments of the workforce. The Company has been constantly innovating and pioneering people practices in the realms of hiring, engagement, diversity & inclusion, rewards & recognition, employee relations, social security, and career & development. This year, Tata Steel successfully onboarded 14 transgenders in core mining operations & 38 women Heavy Earth Moving machinery operators in a pathbreaking initiative. The Company has been pioneering worker welfare schemes and community initiatives even during the pandemic and introduced the Agile Working Model in 2020. Earlier this year, Tata Steel has been named as one of 'India's Best Employers Among Nation-Builders', by Great Place to Work® India in a special category introduced in 2021, as a part of a national study.
Atrayee Sanyal, Vice President, Human Resource Management, Tata Steel, said: "We are honoured to be certified as a "Great Place to Work" for the fifth time. We have always believed in building and nurturing an organisation that is driven by a high standard of performance. When it comes to workforce management, we've always tried to pave the way and set new standards with our pioneering initiatives. Reviving from the effects of the pandemic, the Great Place To Work™ certification is a testament to our efforts of building a high trust, high performance and highly engaged workforce. The increase in the trust index score reflects the faith of our people in the organisation. We will continue to reinforce our commitment to foster an inclusive work culture, that encourages learning & development and motivates employees to deliver to the best of their abilities towards the organisational goals."
Over the last 114+ years, Tata Steel has emerged as one of the most employee-friendly companies in the world and is known for creating industry standards in the field of human resources. The Company has been a pioneer in employee welfare schemes and community initiatives, even before the legislation mandated them. A few of these include the 8-hour workday, Leave with Pay, Workers' Provident Fund Scheme, all of which were adopted by the International Labour Organisation and enacted by the Law in India. Tata Steel's people first approach continues to translate to pioneering initiatives and milestones such as 100+ years of industrial harmony, 5-day work week, gender neutral leaves, menstrual leave, benchmark social security schemes, equal benefits for LGBT+ and more.
Every year, more than 10,000 organisations from over 60 countries partner with Great Place to Work® Institute for assessment, benchmarking, and planning actions to strengthen their workplace culture. Great Place to Work® Institute's methodology is recognised as a rigorous and objective work culture assessment process. It is considered the gold standard in identifying and recognising great workplace cultures.
Shares of Tata Steel Limited was last trading in BSE at Rs. 1101.10 as compared to the previous close of Rs. 1116.10. The total number of shares traded during the day was 182647 in over 7449 trades.
The stock hit an intraday high of Rs. 1127.35 and intraday low of 1099.10. The net turnover during the day was Rs. 202695097.00.