Mumbai / Chennai, March 2018: DBS Bank India today announced that it has been recognised as one of the top 25 companies where India Wants to Work in 2018 by LinkedIn. DBS has made a debut this year at rank 15.
The Top Companies list is based on the actions taken by LinkedIn members and looks at four main pillars: interest in the company, engagement with the company’s employees, job demand and employee retention.
Commenting on the occasion, Kishore Poduri, Head, Human Resources, DBS Bank India, said, “Over the years, DBS has invested in transforming itself digitally. The bank has challenged the way banking has operated traditionally to do things differently. A key part of this mission was to embed ourselves in our customers’ life to re-imagine their journeys to make banking invisible. Central to core of this transformation was to create a start-up culture and mindset whereevery employee is encouraged to embrace experimentation, entrepreneurship and innovation. This recognition makes us confident that we are on the right track to embrace workforce transformation thus raising the bar of workforce engagement in the country.”
DBS is one of the first banks in the region to adopt human-centred design thinking. Employees are exposed to agile methodology and other digital concepts through customer journey workshops and hackathons. To keep its people engaged and motivated, in addition to monetary compensation DBS offers non-monetary rewards and a range of leave benefits. DBS recognises that people have different needs at different life stages, and has created, an initiative that gives employees the flexibility to choose the benefits that best suit their health, lifestyle and family needs.
Further, DBS India’s offices have been designed to help foster innovation and cross team collaboration. This is done through an open office concept and dedicated spaces such as social hubs for networking as well as innovation and journey laboratories.
DBS was the first Singapore bank to set up a representative office in India in 1994, upgrading it to a formal bank branch a year later. DBS was the first amongst the large foreign banks to apply and receive in-principle approval from the Reserve Bank of India to form a wholly-owned subsidiary in India.