Employees’ emotional and financial well-being is a focus area at Tieto. Read how Soniya thinks the total rewards and well-being programmes in India benefit her and make us stand out from competitors.
Tieto looks at total rewards and well-being more broadly and treats its related initiatives with utmost importance to support its evolving multi-generational workforce. But how do we ensure that our efforts in the area are keeping up? And why do I care about them personally?
Our Total Rewards consist of several components: base pay, benefits, incentives, work-life balance, recognition, development and career opportunities. Individual performance is the foundation for Tieto’s success and thus variable pay is determined by employee’s overall performance. Various variable pay plans at Tieto consist of short-term incentives, project rewards, long-term incentives and spot awards.
Employee well-being is a bit of a buzz word these days. What does employee well-being really mean? I see it as the general health and happiness of a person, or the state of being healthy.
We at Tieto firmly believe that employee well-being is closely linked to employee engagement and overall productivity at work. Thus, we make a consistent effort to make employee well-being a priority through a variety of human-centred workplace initiatives, such as:
Does it really matter how employees feel about total rewards and well-being? The answer is “Yes”. Out of my experience of more than 9 years at Tieto India, the reasons that make our total rewards and well-being stand out amongst our competitors are:
I firmly believe that having the right, total rewards and well-being programs in place is pivotal but unless they become part of our culture, they will remain underutilized. Moreover, we are helping our employees to understand the real values of these benefits and to convert them into employees’ everyday behaviours.
Since starting her Tieto journey 9 years ago, Soniya has been working in different roles from recruiting to business HR. In addition to her current role as an HR Consultant, she leads the Learning & Development function at Tieto India. Soniya is also part of the culture change management and drives the culture initiatives actively.