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Snapdeal has become the first e-commerce company in India to enter the best employers’ club. The latest survey by Great Place To Work Institute India, in partnership with Retailers Association of India, has put the New Delhi-based firm among the top 10 employers among retailers. The other nine companies in the list are traditional brick and mortar retailers.
Snapdeal, which recently turned five, has become a highly valued company in the e-commerce space. It has about 4,000 employees across the country. After crossing gross merchandise value of $2 billion, it is looking to hire 1,000 to scale up operations. Its seller base has grown from 1,000 in 2012 to 100,000 now.
Commenting on the survey, Saurabh Nigam, vice-president (human resources) at Snapdeal, said: “Snapdeal has grown at an astronomical pace in the past few years and it feels absolutely amazing to be a part of such a passionate growth story materialising to reality. We are committed to continuing on this path through great thought leadership from our leaders, optimal processes, customer orientation, energy and compassion to make a difference for our employees.”
Lifestyle International bagged the top spot on the top -10 employers’ list, while Metro Cash & Carry India was ranked the second. United Colors of Benetton, Levi’s, Bharti Retail, Marks and Spencer, Hardcastle Restaurants, Jubilant FoodWorks and Fabindia are the others in the list. Snapdeal is at the 10th spot.
Among the factors that contributed to Snapdeal’s ranking as the best employer in the retail space are the company’s employee engagement initiative, growth opportunities for employees and organisational structure.
Snapdeal founders Rohit Bansal and Kunal Bahl have often emphasised on the role of job creation. While the company has been able to create hundreds of thousands of jobs thanks to its marketplace model, its own headcount has grown from 30 employees in 2008-09 to 4,000.
