MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

In The League of The Laureates - Great Place To Work In recognition for consistently featuring in the Great Place to Work (GPTW) list over the last 10 years, Mahindra entered the prestigious club 'The Laureates' in F21. The GPTW Institute follows the most rigorous, credible and comprehen- sive methodologies globally to identify the organisations that make it to this prestigious list. The methodology sets the standard for defining great workplaces. Mahindra is powered by people. We engage with our human capital to stimulate and harness a critical competi- tive edge. We consistently invest financial capital to unlock the leadership potential of our people and help them drive excellence at Mahindra. EMPLOYEE ENGAGEMENT Workmen Engagement Survey captures the voice of workmen across our 14 manufacturing plants biannually. The questionnaire measures various aspects of engagement through 14 factors that are categorised into stimulus and response factors. MCARES Survey is devised to gauge employee engagement and gather feedback from them annually on parameters based on five drivers: Career, Alignment, Recognition, Empowerment and Strive. TALENT MANAGEMENT AND LEADERSHIP DEVELOPMENT Functional Talent Accelerators In a diverse group like Mahindra, talent management is critical, both from a business point of view and from a talent perspective. Technical talent accelerators are equally important to build a pipeline of business leaders. Through MRV's unique concept of 'Tech Ladder', we identify and cultivate technical talent by working on perfor- mance management, talent manage- ment and capability building. The Tech Ladder framework successfully caters to more than 2,000 engineers, covering multiple Centres of Expertise (CoE) and project functions across Automotive and Farm Divisions. Mahindra's Automotive & Farm Equipment Sectors in the list of India's Best Companies to Work For, by Great Place to Work for F21. Ranked #2 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 37 At Mahindra, the learning and develop- ment strategy has been to create an ecosystem, which gives employees the ability to develop skills and provides them with growth opportunities.