Federal Bank has added a few more feathers to its cap! Federal Bank has secured a prestigious spot in the list of India's Best Workplaces TM for Women 2023 (Large): Top 10 by Great Place to Work®. What distinguishes this achievement is that Federal Bank is the only banking institution in India to secure a spot in the top 10 list among other multinational corporations (MNCs). To add to its list of accolades, it has also been recognised as India’s Best WorkplacesTMfor Millennials 2023 (Large): Top 50 by Great Place to Work®.

(Note: The term "Large" used in the award category refers to workplaces having 1000+ employees.)

What makes Federal Bank a Great Place to Work?

• Supportive environment

Federal Bank believes its employees play a very important role in the success of the Bank. The bank’s high employee retention rates indicate its dedication to employee satisfaction. The bank has a very supportive culture, that encourages leadership. The bank's numerous employee engagement initiatives have contributed to the impressive retention rates.

• Gender equality

Federal Bank demonstrates a firm belief in the power of diversity, through its exceptional gender ratio of 41%. By offering equal opportunities for men and women at all levels, the Bank has promoted gender equality consistently. This has resulted in a diverse and representative workforce, which has aided in innovative thinking and overall growth.

• The human touch

Through its campaign “Rishta Aap Se Hai, Sirf App Se Nahi TM” Federal Bank breathes air into its work ethic – ‘Digital at the Fore, Human at the Core. The bank believes that the best banking experience is the one where the convenience of technology is combined with the human touch of relationship banking. The campaign is a strong reminder of the bank’s belief in prioritising its customers, employees, and stakeholders.

• Women empowerment

A lot of initiatives are taken by the bank to promote women's care and women empowerment, such as Maternity Connect (Designed to Empower Expectant Mothers), Breast Cancer Screening Programme in association with CII IWN, and Voices of Women (VoW) - success stories of women employees are shared on LinkedIn .

• Social initiatives

The bank has undertaken many social initiatives such as workshops and sanitisation programmes, diversity training programmes, promoting a fair parental leave policy, and leadership development programmes

• Employee well-being

o The employee engagement app “Pulse” introduced by Federal Bank has features that help improve the well-being of its employees and promote a healthy work-life balance.

o The Bank has partnered with many external agencies to offer professional assistance services and to conduct wellness webinars regularly, for employees who experience stress and other challenges (personal/professional).

o The Bank has also implemented various initiatives like the TCS Fit4Life Corporate Challenge, the Federal Sports League, and other events that celebrate the ‘beyond-work’ achievements of its top performers.

Summing up

Federal Bank has excelled in the 5 dimensions of a High-Trust, High-Performance Culture™ – Respect, Credibility, Pride, Camaraderie, and Fairness, thereby creating a great place to work for all its employees. Federal Bank stands as the epitome of what a truly exceptional workplace should be – an organisation where employees are valued and celebrated.