Tag: mnc companies

  • List of Top MNC Companies in India

    India has been a hub for international businesses for several decades, and the presence of multinational companies has played a crucial role in boosting the country’s economy. The Indian market offers a vast consumer base and a skilled workforce, making it an attractive destination for MNCs to set up shop. In recent years, the Indian economy has seen significant growth, and several multinational corporations have contributed to this growth through their success in various sectors. Indian MNC companies are expanding rapidly across global markets, showcasing the strength and innovation of India’s corporate sector.

    In this article, we will take a closer look at the top 26 successful multinational companies in India that have made their mark in the Indian market.

    Top Multinational Companies In India

    S.No Company Industry Headquarters Founded Year
    1 Tata Group Conglomerate Mumbai 1868
    2 Aditya Birla Group Conglomerate Mumbai 1857
    3 Infosys Information Technology Bengaluru 1981
    4 HCL Technologies Information Technology Noida 1976
    5 Wipro Information Technology Bengaluru 1945
    6 Google India Technology Bengaluru 2004 (India)
    7 Amazon India Retail/ECommerce Bengaluru 2013 (India)
    8 Apple India Technology Bengaluru 2011 (India)
    9 Microsoft India Technology Hyderabad 1990 (India)
    10 Nestle India Food and Beverage Mumbai 1959
    11 IBM IT and Consumer Behavior Mumbai 1992 (India)
    12 Coca-Cola Beverage Delhi 1993 (India)
    13 Hindustan Unilever FMCG Mumbai 1933
    14 Toyota Automobile Bengaluru 1997 (India)
    15 LG Consumer Electronics Delhi 1997 (India)
    16 Citi Bank Financial Services Mumbai 1902 (India)
    17 HP Information Technology Bengaluru 1989 (India)
    18 Sony Consumer Electronics Delhi 1994 (India)
    19 Samsung Consumer Electronics Delhi 1995 (India)
    20 DHL Logistics Mumbai 1979 (India)
    21 Adidas India Sportswear Gurugram 1996 (India)
    22 Mercedes Benz India Automobile Pune 1994 (India)
    23 Panasonic Consumer and Industrial Electronics Gurugram 1972 (India)
    24 Procter and Gamble FMCG Mumbai 1964 (India)
    25 PepsiCo Consumer Staples Gurugram 1989 (India)
    26 Cognizant Information Technology Chennai 1996

    Tata Group

    Company Name Tata Group
    Founder Jamsetji Tata
    Founded 1868
    Revenue $165 billion (2024)
    Number of Employees 10,28,000 (FY 2023)

    When it comes to multinational companies in India, the Tata Group is a name that needs no introduction. Founded in 1868 by Jamsetji Tata, the company has been a symbol of trust and reliability in the Indian market for over a century.

    With a presence in 100+ countries across six continents, the Tata Group has established itself as a global player in various sectors, including steel, automotive, hospitality, and more. Their headquarters is in Mumbai, and the group employs over 9,00,000 people worldwide, making it one of the largest employers in India. It is one of the top 10 MNCs in India.


    List of All the Companies Owned by Tata Group 2022
    Tata Group of industries is an Indian multinational conglomerate founded by Jamshedji Tata. Here’s a list of all companies owned by Tata Group.


    Aditya Birla Group

    Company Name Aditya Birla Group
    Founder Seth Shiv Narayan Birla
    Founded 1857
    Revenue $65 billion (2024)
    Number of Employees 187,000 (2024)

    Aditya Birla Group is a global conglomerate that operates in 36 countries in North and South America and Africa. Seth Shiv Narayan Birla founded this company in 1857. Over 140,000 employees are a part of this ever-growing company. The company is headquartered in Mumbai. It is one of the top 5 MNC companies in India.

    We all famously know Aditya Birla Group for its subsidiary company UltraTech Cement Limited, which is the largest manufacturer of cement in India.


    Salary of Top CEOs in India: The Highest Paid CEOs
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    Infosys

    Company Name Infosys
    Founder N.R Narayan Murthy, Nandan M. Nilekani, S. Gopalakrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan, Ashok Arora
    Founded 1981
    Revenue $18.6 billion (2024)
    Number of Employees 3,17,240 (2024)

    Infosys Limited is an Indian multinational information technology company that provides a wide variety of services like business consulting, innovative IT solutions and outsourcing services. It is the 2nd largest IT company, which was founded in 1981. It operates in 50+ countries and has 3 lakh employees working for them. It is one of the top 10 MNC companies in India.


    Top 10 Indian MNCs: Founded in India, Succeeding Globally
    Explore the inspiring journey of the top 10 multinational companies founded in India. See how these homegrown brands expanded globally and shaped the international business landscape.


    HCL Technologies

    Company Name HCL Technologies
    Founder Shiv Nadar, Arjun Malhotra
    Founded 1991
    Revenue $13.4 billion (2024)
    Number of Employees 2,27,481 (2024)

    India has seen the rise of several successful multinational companies over the years, and HCL Technologies is undoubtedly one of them. Founded in 1991 by Shiv Nadar and Arjun Malhotra, HCL Technologies (Hindustan Computers Limited) is an Indian multinational company that has made its mark in the global market. The company focuses on IT and Business Services (ITBS), Engineering and R&D Services (ERS), and Products and Platforms (P&P). HCL Technologies is top 5 MNC companies in India.


    How to Start and Grow Software Company in India – Guide
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    Wipro

    Company Name Wipro
    Founder M.H. Hasham Premji
    Founded 1945
    Revenue INR 898 billion (2024)
    Number of Employees 2,56,000 (2024)

    Wipro is an Indian multinational company that is globally known for its IT services. The company provides an array of services like robotics, cloud, cognitive computing, hyper-automation, and analytics. Wipro also focuses on consulting and outsourcing. The headquarters of Wipro is in Bengaluru. It is one of the top 10 MNC companies in India.


    List of 118 Unicorn Startups in India | Top Unicorns in India
    India has already seen 118 unicorn startups. Here’s an exhaustive list of all unicorn companies in India, including those that joined the unicorn club in 2025.


    Google India

    Company Name Google India
    Founder Larry Page, Sergey Brin
    Founded 1998
    Revenue $237.8 billion (2023)
    Number of Employees 1,82.381 (2023)

    Google needs no introduction. Google India Pvt Ltd is a subsidiary of Google Inc., which was founded in 2003. More than 1 lakh employees are working for this company.

    Google, one of the prominent MNC companies in India, has established its presence with offices in Hyderabad, Bangalore, Gurgaon, and Mumbai. It is one of the top 10 multinational companies in India.

    Amazon India

    Company Name Amazon India
    Founder Jeff Bezos
    Founded 1994
    Revenue INR 22,198 crore (2023)
    Number of Employees 1,25,000 (2023)

    Another company where a lot of people want to work is Amazon India Pvt Ltd. The aim of this company is to make the experience of buying online smoother and faster.

    The company is thinking from the perspective of the Indian audience and solving unique problems like providing opportunities for small retailers to sell online, regional discovery, fast delivery in small towns, reliable payment options and much more. Apart from e-commerce, the company also focuses on digital streaming, cloud computing, machine learning and AI. It is one of the top 20 MNC companies in India.


    The Business And Revenue Model Of Amazon
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    Apple India

    Company Name Apple India
    Founder Steve Jobs, Steve Wozniak, Ronald Wayne
    Founded 1976
    Revenue $8 billion (2024)
    Number of Employees 5,00,000 (2024)

    The influence of multinational companies in India can be seen in various sectors, including technology. One such company that has made a mark in the Indian market is Apple India, a subsidiary of the global tech giant Apple Inc. Incorporated in 1996, Apple India has been a prominent player in the Indian smartphone and computer market. It is one of the top 10 multinational companies in India.


    Key Acquisitions by Apple: Driving Innovation and Success
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    Microsoft India

    Company Name Microsoft India
    Founder Bill Gates, Paul Allen
    Founded 1975
    Revenue INR 19, 354 crore (2023)
    Number of Employees 20,000 (2023)

    Microsoft India Pvt Ltd is a subsidiary subsidiary of Microsoft Corporation that was incorporated in 1990. The head office of the company is in Hyderabad. Microsoft India has ten offices in different cities of India: Ahmedabad, Bangalore, Chennai, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida, Gurgaon and Pune.


    Microsoft’s Marketing Strategies: How They Conquered the Tech World
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    Nestle India

    Company Name Nestle India
    Founder Henri Nestle
    Founded 1866
    Revenue INR 245 billion (2024)
    Number of Employees 8912 (2024)

    Nestlé India Limited is a subsidiary of the Swiss multinational company Nestlé. It is the world’s largest food and beverage company.

    Nestlé India Limited, a prominent MNC company in India, is actively engaged in the production and marketing of various food and beverage products. Some of the popular brands offered by Nestlé in India include Maggi, Nescafé, KitKat, Munch, Milkybar, Nestlé Milk, and more. It is one of the top 20 MNC companies in India.


    Nestle’s Marketing Strategies: Building Trust, Boosting Sales
    Nestle’s marketing strategies boost sales, build brand equity, and maintain a positive image, keeping them competitive in the food and beverage industry as a global brand.


    IBM

    Company Name IBM
    Founder Herman Hollerith, Thomas J. Watson, Charles Ranlett Flint
    Founded 1911
    Revenue INR 28,052.8 crore (2023)
    Number of Employees 130,000 (2024)

    IBM, short for International Business Machines Corporation, is a globally renowned multinational technology company. Established on June 16, 1911, IBM has a rich history of innovation and leadership in the technology industry. Over the years, it has evolved into a prominent provider of advanced information technology, software, hardware, and consulting services worldwide.


    List of All the Startups and Companies Acquired by IBM
    IBM is an American multination conglomerate that has acquired nearly 200 companies. Take a look at the complete list here.


    Coca-Cola

    Company Name Coca Cola
    Founder Asa Griggs Candler
    Founded 1892
    Revenue INR 127 billion (2023)
    Number of Employees 25000 (2024)

    Coca-Cola is one of the world’s largest beverage companies, and it operates in various countries, including India. The company has a long history in India and has been a prominent player in the Indian non-alcoholic beverage market.

    Coca-Cola India offers a diverse portfolio of products, including its iconic carbonated soft drinks such as Coca-Cola, Diet Coke, Fanta, Sprite, and Thums Up, along with a range of non-carbonated beverages like Minute Maid juices, Maaza, and Kinley packaged drinking water.


    Coca-Cola Marketing Strategy -How It is Dominating the Beverage Market
    Coca-Cola is one of the biggest brands in the beverage industry. Find out, the marketing strategy that makes it the favourite brand of everyone.


    Hindustan Unilever

    Company Name Hindustan Unilever
    Founder Hindustan Vanaspati Mfg. Co. Ltd., United Traders Ltd., Lever Brothers
    Founded 1933
    Revenue INR 618.9 billion (2024)
    Number of Employees 27,764 (2024)

    Established in 1931, Hindustan Unilever (HUL) boasts a rich legacy of over 90 years and has evolved into one of the premier FMCG brands, “U-Work” gigs, and globally. With a diversified portfolio encompassing personal care products, food, beverages, and various consumer goods, HUL has firmly established itself as a market leader in India and beyond. It is one of the top 20 MNC companies in India.

    Toyota

    Company Name Toyota
    Founder Kiichiro Toyoda
    Founded 1894
    Revenue $274.942 billion (2023)
    Number of Employees 3,75,235 (2023)

    As a prominent and globally recognized automotive company, Toyota stands out as a leading force in the international car market. Marking its entry into the Indian market in 1997, Toyota has since made significant strides, introducing a range of successful cars that have propelled it to a dominant position with a substantial market share.


    Marketing Strategies of Toyota: Merging Performance & Sustainability
    Toyota’s marketing strategies have been successful in positioning the company as a leader in the automotive industry.


    LG

    Company Name LG
    Founder Koo In-Hwoi
    Founded 1969
    Revenue US $62.32 billion (2023)
    Number of Employees 74,000 (2023)

    LG, a renowned MNC company of consumer electronics and appliances manufacturer based in South Korea, has been an integral part of households worldwide. Since its foray into the Indian market in 1997, LG has consistently delivered a diverse range of reliable products, including washing machines, refrigerators, televisions, smartphones, and keypad mobiles.


    Reasons Why LG is Shutting down its Mobile Business after 26 years
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    Citi Bank

    Company Name Citibank
    Founder Samuel Osgood
    Founded 1812
    Revenue US $78.5 billion (2023)
    Number of Employees 2,00,000 (2023)

    Citibank, a prominent multinational financial institution, has solidified its position as a top player in the Indian banking sector. Established in 1812, the bank brings a rich history and a global reputation for excellence to its operations in India. Offering a total suite of financial services, Citibank caters to diverse needs, including savings accounts, loans, deposits, mortgages, investment funds, credit and debit cards, insurance, electronic banking, capital markets, advisory services, and private banking.

    HP

    Company Name Hewlett-Packard (HP)
    Founder Bill Hewlett and Dave Packard
    Founded 1939
    Revenue US $53.7 billion (2023)
    Number of Employees 58,000 (2023)

    Established in 1939 by the visionary duo Hewlett and David Packard, Hewlett-Packard India Sales Pvt Ltd has emerged as a stalwart in the Information Technology sector. The company’s global headquarters is situated in Palo Alto, California, marking its status as an American multinational IT MNC. Renowned for its expansive portfolio, Hewlett-Packard has been a trailblazer in developing and delivering an extensive range of hardware components and software-related services. It is one of the top 20 MNC companies in India.


    Top Marketing Strategies of HP
    HP’s marketing strategies exemplify a harmonious blend of innovation, customer-centricity, and brand prominence.


    Sony

    Company Name Sony Corporation
    Founder Akio Morita, Masaru Ibuka
    Founded 1946
    Revenue US $88.935 billion (2023)
    Number of Employees 1,13,000 (2024)

    A subsidiary of the globally acclaimed Sony Corporation, Sony India stands as one of the premier MNC company in India. Originating from Japan, Sony Corporation was established in 1946, and its Indian venture commenced in 1994, introducing an extensive array of electronics such as mobile phones, televisions, cameras, PlayStations, and more.

    Samsung

    Company Name Samsung
    Founder Lee Byung-chul
    Founded 1938
    Revenue $200.26 billion (2023)
    Number of Employees 2,70,372 (2023)
    Samsung - Top Multinational Company in India
    Samsung – Top Multinational Company in India

    Samsung is a renowned multinational corporation that has firmly established itself as a key player in the Indian market. Originating from South Korea, Samsung has been on a journey of technological innovation and consumer electronics excellence since it entered India. Over the years, it has become synonymous with cutting-edge products, including smartphones, televisions, home appliances, and more.

    DHL

    Company Name DHL
    Founder Adrian Dalsey, Larry Hillblom, Robert Lynn
    Founded 1969
    Revenue US $100 billion (2022)
    Number of Employees 5,86,404 (2023)
    DHL - Top Multinational Company in India
    DHL – Top Multinational Company in India

    DHL is a well-known international courier and logistics MNC company that has established itself as a successful player in the Indian market. As a crucial link in the global supply chain, DHL plays a vital role in facilitating international trade and commerce. Their presence in India offers customers a comprehensive range of logistics services, such as express parcel delivery, freight transportation, and supply chain solutions.

    Adidas India

    Company Name Adidas India
    Founder Adolf Dassler
    Founded 1949
    Revenue $23.80 billion
    Number of Employees 59,030
    Adidas - Top Multinational Company in India
    Adidas – Top Multinational Company in India

    This multinational conglomerate traces its roots back to the trails of World War I. Led by Adolf Dassler and his sibling Rudi Dassler, the Dassler family began manufacturing shoes in their mother’s house. Adidas had its shining moment and gained international attention when American track-and-field star Jesse Owens wore it in the 1936 Berlin Olympics.

    Mercedes Benz India

    Company Name Mercedes Benz
    Founder Daimler-Motoren-Gesellschaft and Carl Benz
    Founded 1926
    Revenue $101 billion (2024)
    Number of Employees 166,000

    Mercedes Benz - Top Multinational Company in India
    Mercedes Benz – Top Multinational Company in India

    Mercedes-Benz is a globally renowned luxury automobile brand, headquartered in Stuttgart, Germany. Founded in 1926, it originated from Daimler-Benz, which combined two pioneers in automotive history—Karl Benz, who built the world’s first car, and Gottlieb Daimler. The company is now part of Mercedes-Benz Group AG.

    Panasonic

    Company Name Panasonic
    Founder Konosuke Matsushita
    Founded 1918
    Revenue $54 Billion (2024)
    Number of Employees 228,420

    Panasonic - Top Multinational Company in India
    Panasonic – Top Multinational Company in India

    Panasonic, formerly known as Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets. The corporation ran factories in Japan and other Asian countries during World War II that produced electrical products and parts, including light fixtures, motors, electric irons, wireless equipment, and the first vacuum tubes.

    Procter and Gamble

    Company Name Procter and Gamble (P&G)
    Founder William Procter & James Gamble
    Founded 1837
    Revenue $40.5 Billion (2024)
    Number of Employees 88,000

    P&G - Top Multinational Company in India
    P&G – Top Multinational Company in India

    Procter & Gamble (P&G) is a leading American multinational consumer goods company, headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, the company is known for its wide range of household, health, and personal care products. P&G operates in over 180 countries and is recognized for its portfolio of trusted, globally popular brands.

    The company boasts more than 65 brands, many of which are market leaders in their respective industries.

    PepsiCo

    Company Name PepsiCo
    Founder Caleb Bradham
    Founded 1965
    Revenue $3.08 Billion (2024)
    Number of Employees 318,000

    PepsiCo - Top Multinational Company in India
    PepsiCo – Top Multinational Company in India

    PepsiCo is a global leader in the food and beverage industry, headquartered in Purchase, New York. Founded in 1965 through the merger of Pepsi-Cola and Frito-Lay, it has grown into a powerhouse with a diverse portfolio of snacks, beverages, and nutrition products.

    PepsiCo operates in over 200 countries through six key divisions: Frito-Lay North America, PepsiCo Beverages North America, Quaker Foods North America, Latin America, Europe, and Asia, Middle East & Africa.


    List of All the Brands Owned by PepsiCo | PepsiCo Subsidiaries
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    Cognizant

    Company Name Cognizant
    Founder Kumar Mahadeva, Francisco D’Souza, and Srini Raju
    Founded 1994
    Revenue $19.3- $19.5 billion (Expected in 2024)
    Number of Employees 336,300

    Cognizant - Top Multinational Company in India
    Cognizant – Top Multinational Company in India

    Cognizant is a leading global technology services and consulting company, headquartered in Teaneck, New Jersey. Founded in 1994 as an IT development and maintenance arm of Dun & Bradstreet, it has since grown into a multinational provider of digital, technology, and consulting services.

    Conclusion

    In conclusion, the presence of multinational companies in India has been a significant contributor to the country’s economic growth. The Indian market offers vast potential for international businesses, and several companies have leveraged this opportunity to establish themselves as global players. Indian MNCs are playing a crucial role in shaping the global business landscape with their growing international presence.

    In this article, we have looked at the top 26 successful MNC in India that have made their mark in various sectors, including technology, hospitality, and more. These companies have not only brought in foreign investment but have also created job opportunities for millions of people across the country. With the Indian economy poised for further growth, it will be interesting to see how these companies evolve and contribute to India’s development in the years to come.

    FAQs

    What are MNCs?

    MNCs, or Multinational Companies, are enterprises that operate in multiple countries, including India.

    Which is the top MNC in India?

    Tata, Wipro, Nestle India, Aditya Birla, and Infosys are some of the top MNC in India.

    How are the top MNCs in India determined?

    The ranking of top MNCs in India is usually based on various factors, including revenue, market share, brand reputation, growth rate, and social impact.

    How many MNCs are there in India?

    There are over 290,000 MNCs in India.

    How do MNCs contribute to the Indian economy?

    MNCs play a crucial role in the Indian economy by bringing in foreign direct investment, creating job opportunities, introducing new technologies, enhancing skill development, and contributing to the country’s export and tax revenues.

    Are there any challenges that MNCs face while operating in India?

    MNCs in India may encounter challenges such as regulatory complexities, cultural differences, competition from local players, and managing diverse markets across different states and regions. However, successful companies adapt and navigate these challenges to thrive in the Indian market.

  • MNC vs Startup: The Best Option for a Fresher

    It’s not difficult to describe the differences between working for an MNC and a startup. Comparable to differentiating formal wear from casual clothes or distinguishing between formal meetings and lively, participatory group discussions.

    Freshers are people without corporate experience or experience working in a particular industry. People who change careers would not be regarded as more experienced because they still have corporate experience, which has given them practical work knowledge.

    MNC vs Startup
    Experience Required
    Salary Expectations
    Work Culture
    Learning Curve
    Learning Methods

    MNC vs Startup

    Major Differences Between Working At a Startup and MNC
    Major Differences Between Working At a Startup and MNC

    An MNC is a large commercial organization with affiliated operating companies in different countries. With time and experience, companies like TCS, Infosys, and Wipro companies, which were once startups, have evolved into renowned and credible names in the industry with many projects under them.

    With more and more experienced and skilled people worldwide becoming part of these organizations, they have become what we call MNCs or Multinational Corporations.

    Startups are young companies founded to develop a unique product or service that fills an existing void or service gap in the market. A startup is a business that is just starting up. Startups carry a high risk of failure, but they can also be great perks, an emphasis on innovation, and unusual places to work and learning opportunities.

    One of the most confusing situations fresh graduates face today is whether to opt for large multinational companies or startup jobs. Both have pros and disadvantages to be weighed. It entirely depends upon your future goals and how you want to shape your career. It can be unclear for freshers to understand all of this; hence, we are here to help you figure this out.

    Experience Required

    An MNC requires a preset number of years of experience before considering applications. Each level of employment will have its prerequisite. They have very little flexibility in terms of considering under or over-experienced people.

    However, a Startup is a growing place. They are more welcoming to freshers and people with diverse experiences and backgrounds. They may be willing to consider applications from both over and under-experienced people.

    As per the survey done by Retailo technologies, 42% of newly graduated students prefer to work at startups because of many different reasons. And surprisingly their count is increasing daily
    As per the survey done by Retailo technologies, 42% of newly graduated students prefer to work at startups because of many different reasons. And surprisingly their count is increasing daily

    Salary Expectations

    An MNC has fixed pay bands, and you can keep expecting steady growth in your salary over the years. If someone wants to have a steady salary pattern for a lifetime, it is better to opt for Multinational companies.

    Planning a trip to Goa on your first salary? Forget it at any average Startup. Their initial payment will be too small for the work you put in. However, it is also as likely to shoot and double up in a couple of years or completely go under and leave you with nothing but experience on your CV and few lessons.

    Work Culture

    In general, Startups value people more than an MNC. In the case of a startup, every role comes with huge responsibilities. But, with greater responsibilities come more significant rewards, both on professional and personal levels.

    Since it is a Startup, you will be able to make a substantial impact. Since fewer people are involved in a startup’s functioning, there is less chance of one’s work being ignored. Thus, there is better work recognition in a startup.

    A machine will not become a better machine by running for years. It only wears out. That’s what will happen to you.”

    When you end up working in an MNC. You can gain global recognition from MNCs. Your CV adds credibility if it bears the name of an important company… Maybe it won’t be appreciated daily, but if you perform well, the company’s top performers receive awards, benefits, and perks, which might be done annually, quarterly, or in six months(depending on company policies). But when these big companies reward, it is massive.

    Also, most MNCs provide their employees gratuity, provident funds, medical insurance, and other job securities. Want a dependable 9 to 5 job? Then an MNC is a suitable place for you. You will have a reasonable amount of time to spend with your family and friends.

    Learning Curve

    Career growth opportunities come with working for a larger organization. A multinational company often creates jobs all around the world. International corporations frequently equip one with a diverse environment since it involves people from racially and ethnically different cultures.

    But if you are not strong enough to get some achievement, then probably you need to stay at the same place for a greater time making your learning experience dull.

    The work done by an employee in MNC for 4 years is equivalent to the work done by an employee in a startup for 3 years only. Startups are in budding stages and hence, the work pressure over there is more than an MNC. But the best part about this is startups will give more practical work experience than MNCs.

    Startups still need to make their processes simplified and majorly involve the whole working team in different tasks. It gives out an opportunity for an employee to learn the whole working process right from the start of making the plans to delivering the service. Therefore, there are more learning opportunities in a startup.


    How to Build a Great Startup Team? | Tips to Keep In Mind While Developing a Startup Team
    When you are beginning your startup, one of the most important factors is to make a perfect team. Check these guidelines while forming a great startup team.


    Learning Methods

    Undoubtedly, Startups offer better learning graph, whereas MNCs offer good work-life balance
    Undoubtedly, Startups offer better learning graph, whereas MNCs offer good work-life balance

    Startups are still experiencing different methods and are still required to add points in their briefs. Hence, everyone, there is experimenting with their own way and are self-taught people. Joining a startup can be stressful initially, especially if one’s job description is unclear.

    One may also come under a lot of pressure to perform well when producing quality results. There is always an option for you to be creative and go out the way to try something valuable.

    MNCs have already settled up startups and hence have their own way of working, rules, and regulations in place. They do not expect freshers to join them without undergoing the training session and a guide of their rules and regulation.

    Hence, working at MNC can be like walking on a path made by someone else. The working culture of an MNC is disciplined but it does hold a number of opportunities for the freshers to learn.

    Conclusion

    As a Fresher, some stability and structure are required. Startups are more in sync with the work style of someone in their late 20s who can work with a bit of ambiguity. Thus, if you are an exceptional thinker and a creative person at heart, I would recommend a Startup that is a few years old and is just settling into its rhythm.

    They will be able to provide you with just the right amount of freedom and structure needed to operate optimally. And at the end of it, go where your heart takes you. Because if it doesn’t fill your soul, it is bound to wash away sooner or later. Or if you think it will be tiresome to be a part of a startup, MNCs are always welcoming new people into their companies.

    FAQs

    Is it better to join a startup as a fresher?

    If someone feels to explore a different side of the working patterns and is ready to take up the risk at the start of their career, then yes working at a startup as a fresher is a better option.

    Is the MNC job secure?

    Nothing can be guaranteed 100%. Hence, it will be false to say that MNC jobs are secure fully. But yes, they are secured till some length and can provide steady growth for the individual if they have the ability to surpass others.

    Why MNC is not good for fresher?

    Freshers working for any MNC have their dream position preselected before joining the company. But the actual time taken to achieve their dream can fall anywhere between 5-15 years or more. This is the biggest drawback why freshers should not work at MNC.

    Does working for a startup look good on your resume?

    Including the startup experience on the resume is always a good option to prefer irrespective of the startup’s present condition. Including it in your resume can showcase the ability and experience of work done in the past and provide many chances of creating a good impression on the leader.

  • Companies that provide Incentives and Wellness Programs to employees for staying healthy

    In the current day and age, most employees find it difficult to balance their work and wellbeing. This is why many companies are providing their employees with incentives and even coming up with unique wellness programs to keep their employees healthy. While wellness programs might not be a new thing, they have grown over the past years as the top MNC companies are coming up with unique programs that can benefit their employees.

    According to the Health benefit survey done by the Kaiser Family Foundation in 2020, the average amount that is contributed by covered workers for health insurance in 2020 were $1,243 for single coverage and $5,588 for family coverage. Whereas there are some companies that provide their employees 100% of the health insurance costs, which will help employees save up a lot of money, stay productive and remain loyal to the company.

    Despite the incentives, companies are now also coming up with programs to promote health, happiness and productivity by unique program ideas that are engaging, fun and promotes holistic approaches to wellness. Only 44% of the big companies are said to offer their employees incentives to participate or complete such a program. In a survey done by LinkedIn in 2018, 49% of employees prefer health-based incentives and wellness benefits over other perks.

    Another study found that these benefits and incentives are responsible for over 75% of career decisions. The main goal of providing incentives and wellness programs to employees is that it will help employees adopt and maintain healthy behaviours. This is the list of companies that provide their employees with amazing health-based incentives and wellness programs.

    Zerodha
    Google
    Accenture
    Microsoft
    Asana
    Netflix
    Airbnb
    Deloitte
    Frequently Asked Questions


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    Zerodha

    On 29th August, Nithin Kamath the founder and CEO of Zerodha one of the top financial service companies in India announced that the company will be giving its employees one month of salary as a bonus and a lucky draw of Rs. 10 lakhs for staying fit. This was done because of how the recent work from home culture has had a negative impact on the employee’s mental and physical health during the Covid 1 Pandemic.

    Covid 19 has had a major impact on work-life balance, this is why Nithin Kamath of Zerodha stepped up and made efforts to promote a healthy lifestyle. The aim of providing this incentive was to promote a healthy lifestyle and guide the company employees in the right direction. Nithin Kamath went on to Twitter to inform his employees to set a 12-month goal to get healthy and share their progress on the monthly basis.


    According to Nithin Kamath “Post the first lockdown, like everywhere, our team at Zerodha as a whole was probably the unhealthiest ever, due to the lack of physical activity, work-life imbalance, bad diet, & more. We thought of a way to nudge the team to get healthy and the results are phenomenal,” he quipped Nithin also added that, “The transformation stories are super inspiring & pushing others to take action as well.”

    The tweets of Nithin Kamath went viral and the comment section was filled with netizens who appreciated the initiative. This inspired many on the social media platform and encouraged many other companies to take up innovative initiatives to help their employees stay fit. This proves how health can play a major role in improving the professional performance of employees. And because of this positive feedback, Nithin also went on to make this initiative a permanent affair and named it the ‘get healthy’ program.


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    Other companies that provide employees health-based incentives

    Google

    Google is already well known for its workplace wellness, as the company offers various incentives and programs such as on-site healthcare services, access to gyms and fitness centres, classes and community bikes. The healthcare services on the site can include physicians, chiropractors, including physical therapy, massage parlours etc.  The Google employees can also take up classes for cooking, coding, guitar among the cool options.

    The google campuses are popular as they have nap rooms, ping pong tables, cafes that offer colour-coded healthy meals and snacks. It also has good financial wellness resources such as financial advisors and even financial planning services that help employees in any way. Google has set a new standard with the office experience and health-based incentives that many companies are struggling to compete with.

    Employees health benefits and perks
    Employees health benefits and perks

    Accenture

    Accenture’s is one of those companies that care about both the minds and bodies of their employees. The company offers its employees assistance programs for mental health problems like stress, substance abuse, depression and anxiety. When it comes to physical health Accenture provides its employees support with their choice of the medical sector like dental or vision coverage. The Accenture employees get specials incentives, offers and discounts for gyms and other fitness centres.

    Besides that, it also gives its employees access to telemedicine, free second opinion services and programs for weight loss. These programs have an app for tracking fitness, nutrition and provides cash rewards based on its report. Accenture also has telemedicine services where an employee can ask physician’s health-related questions 24/7. Their unique wellness programs help their employees set health goals through their apps and even review rewards for completing those health activities.


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    Microsoft

    Microsoft is known for the world-class benefits such as competitive pay, bonuses and stock awards based on their employee’s performance. The company is also one of the best when it comes to provides health-based incentives and wellness programs. Microsoft offers its employees resources for smoking cessation, weight management and even fitness training. The company provides its employees with over $1,200 annually for wellness-related expenses that can be used for staying fit physically.

    This can also be used for gym memberships or even fitness classes and services like meditation programs, massage, weight-loss program fees, caregiver support, financial advising, and debt management. Microsoft offices have free on-site flu shots, mammograms, biometric screenings, and more. The office campuses have fun alternatives such as Zumba classes, running tracks, and courts for basketball, volleyball, baseball, etc. The Microsoft CARES services is an employee assistance program that offers free personal and family counselling and refers you to child cares.

    Asana

    Asana is a project management software company with headquarters based in San Francisco, California. The company is widely popular for wellness programs as Nap rooms where employees can rest, recharge and de-stress by sleeping and even get paid for it.  The company values their employees so much that they provide them with unlimited PTO so they can maintain a healthy work-life balance.

    The company also offers its employees incentives for yoga programs as well as free gym memberships. Besides that, the Asana campuses offer their employees three healthy and nutritious meals with ingredients purchased from organic farms. Asana also promotes living an active lifestyle, offers mentor programs and even immunity workshops before flu season.


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    Netflix

    Netflix has many unique incentives and health benefits for its employees. The company is known to offer its employees over $16,000 every year to cover their medical, dental and vision benefits. If the employee’s don’t use this allowance they get back over $5,000 back at the end of the year. Netflix also provides its employees with unlimited paid time off, providing to tell them how your workload will be handled while you’re away.

    The company has a flexible and free mentality when it comes to their health care options as the employees can choose how to allocate the funds to each type of benefit. The Netflix model has two factors which are diverse providers and yearly allowance. They offer 100% coverage for certain preventive care at in-network providers.

    Airbnb

    Airbnb is also among the top companies that provide good incentives to keep their employees healthy. The company provides insurance to cover the health, dental and vision that can help employees save over $1,243 annually. Airbnb is also known to provide contributions towards dependent care.

    Unique benefits of Airbnb are providing its male employees with over ten weeks of paternity leave, while the female employees get long maternity leave for healthy bonding after a birth or adoption. Another benefit of working at Airbnb is that if you like volunteering, then the company will offer you paid volunteering time to do what you love and maintain a healthy work-life balance.

    Deloitte

    Deloitte also has one of the best healthcare benefits and incentives as it allows its employees a month of unpaid leave for any reason and up to six months of partial paid leave in order to help them pursue their personal opportunities. Besides that, the company also offers a 50% payment for social cryopreservation and up to a maximum lifetime benefit of $20,000.

    Another unique incentive that Deloitte is that it offers over $50,000 for adoption and surrogacy expenses. It has other healthcare options to meet the needs of its employees, family and their children of up to 26 years of age. Deloitte offers programs, a 24/7 online health portal and professional help for marital counselling, child care, anxiety, and even for conflicts at the workplace.


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    Conclusion

    Especially in times of the Covid 19 Pandemic, it is important to provide employees with incentives and wellness programs are important as they will boost productivity and result in the reduction in absenteeism. Another advantage of providing employees with incentives and wellness programs is that it will bring about a competitive advantage in hiring good candidates and will help in the company’s retention strategy. This is why companies must start offering their employees health care benefits and incentives.

    Frequently Asked Questions

    What are the companies that have the best healthcare based incentives?

    The companies that have the best healthcare based incentives are Deloitte, Google, Microsoft, Airbnb, Netflix, Asana, and Accenture.

    What are the basic healthcare incentives that big companies offer?

    The basic healthcare incentives that big companies offer on-site healthcare services, access to gyms and fitness centres, and insurance to cover the health, dental and vision.

    What are the top health incentives?

    The top health incentives are

    • offering cash-incentive payments and gift cards.
    • reimbursing workers for gym memberships.
    • providing free health coaching.

    What are health insurance incentives?

    These incentives can include cash payments or discounts on insurance premiums.