Lemon Tree Hotels’ Recognized by Great Place To Work India among India's Best Companies To Work For

New Delhi, 16th June 2023 – Lemon Tree Hotels has been recognized by Great Place To Work® India among India's Best Companies To Work For, as well as the Best in Industry: Hotels & Resorts.

Backed by 30 years of data, Great Place To Work is the global authority on workplace culture. Great Place to Work methodology, derived from years of studying best workplaces across the globe, is recognised as rigorous and objective and considered the gold standard for defining great workplaces across business, academia and government organizations. Their proprietary methodology and platform enable leaders to truly capture, analyze and understand the experience of every employee, and compare outcomes with data collected from more than 100 million employees in 150 countries worldwide.

Great Place To Work’s For All™ Methodology is based on the fact that fast-changing competitive landscapes, need for speed & agility indicate that doing healthy business is about improving results by creating workplace cultures where leaders empower all individuals to reach their full potential and where every employee feels a sense of belonging regardless of their demography.

All organizations that nominate themselves for India’s Best Companies to Work For list undergo an assessment. This assessment aims at studying the ways in which organizations fully channelise the people power and create inclusive workplaces through effective leadership, meaningful values and a culture where all employees experience high levels of trust, such that each employee is able to bring their best self to work.

As part of this assessment, all organizations are studied through two lenses. The first lens measures the quality of employee experience through our globally validated survey instrument known as Trust Index™ survey and carries 75% weightage. The survey helps is seeking anonymous feedback from employees and aims to measure the core of what creates great workplaces — key behaviors that drive trust in management, connection with colleagues, and loyalty to the company. The For All™ model not only looks at the aggregate employee

experience of an organization but also measures the differences in survey responses across demographic groups and roles within each organization to assess both the quality and consistency of the employee experience.

The second lens is called Culture Audit™, it is a proprietary tool of the Institute that evaluates the strength of the leadership as supported by meaningful values & philosophy and quality of the practices & programs that shape employee experience, build consistent levels of trust and enable each individual to use their potential to better organizational performance. This carries 25% weightage. This tool comprises of six essay questions that provide greater insight into how, and why the organization is great for all people.

The Institute undertakes a robust validation process on the data gathered through the assessment process. The cumulative score of Trust Index and Culture Audit determines an organization’s position in the ranking scoreboard and helps in identifying ‘India’s 100 Best Companies to Work For’. No individual or jury has a say in who makes it to the Top 100 list—only employee feedback and quality of Culture Audit determine if an organization is a great workplace.

“In a fast-changing and competitive landscape, it takes more than just traditional business strategies to succeed. It requires a focus on creating workplace cultures that empowers individuals to reach their full potential. At Great Place To Work we believe in the For All Methodology, where leaders embrace diversity and foster a sense of belonging, irrespective of one's demography. We take immense pride in being the gold standard for evaluating workplace cultures in India, and our position to hear employee voices from 150 countries gives us a unique opportunity to witness global and India Inc trends.

During the assessment process, we thoroughly examined how your organization channels the power of your people and nurtures an environment of inclusivity. We evaluated the effectiveness of your leadership, the significance of your values, and the culture you have fostered, which has resulted in a deep sense of trust and loyalty among your employees. We understand that in the midst of significant economic growth and a promising outlook for the future, maximizing the potential of your human resources is vital for every business leader.

Our globally validated Trust Index Survey, which carries 75% weightage, has revealed the essence of great workplaces. It assesses crucial parameters such as Credibility, Pride, Respect, Camaraderie, and Fairness. Additionally, the Culture Audit™, carrying 25% weightage, evaluates the strength of your leadership through meaningful values and a clear philosophy.

Our recent study, "India's Best Companies to Work for - 2023," showcases the remarkable impact of providing a great workplace experience. Regardless of the industry, we have observed that when organizations "Pay fairly, Treat fairly, and provide a better work environment," the overall experience improves by a factor of five or more. Ensuring equal opportunities for all demographics not only results in 8% higher productivity but also drives a 10% increase in innovation. Embracing For All Leadership has, on average, led to 63% more employees finding meaning in their jobs, making a difference, and creating a better future.

Your participation in this study has showcased your commitment to creating exceptional workplace cultures. You have demonstrated that you value your employees' well-being, growth, and success. Your dedication to fostering inclusivity and empowering individuals has made your organization a true leader in the industry.

Congratulations once again on this remarkable achievement. May your continued efforts to create great workplaces inspire others to follow in your footsteps. Together, we can build a future where every organization embraces the For All approach and creates workplaces where everyone feels a sense of belonging and realizes their full potential.”

Yeshasvini Ramaswamy, Serial Entrepreneur & CEO

“We are delighted to have been featured in the top 50 list of India's Best Companies to Work for – 2023, as well as being recognised as the Best in Industry: Hotels & Resorts. We are committed to ensuring the well-being and self-worth of our colleagues, who are of the utmost importance to us, and enhancing this by building a culture of diversity, inclusion and equal opportunity. Inclusion and diversity lie at the core of Lemon Tree Hotels, with a special focus on hiring people from marginalised backgrounds including those who are physically and/or intellectually differently abled, acid survivors, orphans, widows, school dropouts, transgenders and those who are socially/educationally/economically deprived. We have defined this goal as mainstreaming ‘Opportunity Deprived Individuals’ i.e., ODIs into our workforce. In the past 15+ years, over 3,000 ODIs have trained at our company, and today, over 15% of our team members are ODIs.”

Rajesh Kumar, Senior Vice President – Human Resources, Lemon Tree Hotels

In India, the Institute partners with more than 1800+ organizations annually, across over 20 industries, to help them build High-Trust, High-Performance Cultures designed to deliver sustained business results. Hundreds of leading CXOs from India Inc. are part of the great place community that is committed to the vision of making India a Great Place To Work For All

Learn more at https://www.greatplacetowork.in/ and on LinkedIn, Twitter, Facebook and Instagram.

ABOUT LEMON TREE HOTELS LIMITED

Lemon Tree Hotels Limited (LTHL) is one of the largest hotel chains in India on the basis of controlling interest in owned and leased rooms, the sixth largest by consolidated inventory, and the largest in the mid-market hotel sector. LTHL operates across the upscale, upper-midscale, midscale and economy segments, and delivers differentiated yet superior service offerings, with a compelling value proposition.

LTHL opened its first hotel with 49 rooms in May 2004 and currently operates ~8,500 rooms in 90 hotels across 56 destinations. When the current pipeline becomes operational, LTHL will be operating ~12,100 rooms in 135 hotels across 87 destinations. The group offers seven brands to meet guests’ needs across all levels, viz. Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red

Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels and Keys Lite by Lemon Tree Hotels.

Lemon Tree Hotels are located across India, in metro regions including the NCR, Mumbai, Kolkata, Bengaluru, Hyderabad and Chennai, as well as numerous tier I, II and III cities such as Pune, Ahmedabad, Chandigarh, Jaipur, Indore, Aurangabad, Udaipur, Vishakhapatnam, Kochi, Ludhiana, Thiruvananthapuram, Vijayawada etc. The company expanded internationally with hotels opening in Dubai in December 2019 and in Bhutan in February 2020. New hotels are also set to open internationally in Bhutan and Nepal.

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