Arohan Financial Services Limited | Annual Report 2021-22

In FY2021-22, Arohan got recognized as a Great Place to Work-Certified TM Company, for the third time in a row, by the Great Place to Work® Institute. This certification has helped the Company benchmark its employee perceptions of the workplace environment with selected benchmarks across industries and locations. On the Culture Audit section, people practices in terms of Values, Leadership Effectiveness were identified to be the key strengths of the Company in building a culture of High Trust and High Performance. The organization has been recognized as amongst India’s Best Workplaces in the BFSI domain as well, for the year 2022. This is reflective of a culture of high trust and pride for the Company among its employees, resulting in an environment that promotes camaraderie and a great workplace experience. In the year 2021, Arohan was also conferred the New Code of Work Awards in the Large Enterprise category by People Strong. This award was conferred on Arohan for encouraging and empowering employees through various innovative initiatives in its journey of serving millions of customers especially in the challenging and changing times of the pandemic. In a significant achievement, Arohan has also been awarded the People Excellence Awards, 2021 for ‘Excellence in Digitalization of HR’ by The National HRD Network (NHRDN), Delhi & NCR Chapter and New Delhi Institute of Management. This is in recognition of the digital interventions the Company had initiated to not just stay connected with and protect the well-being of its employees across geographies, but also to develop and upskill them, despite the pandemic situation. These testimonies allow Arohan to get closer to its Vision Statement of being amongst the most preferred places to work for. It also helps create the right proposition for attracting, developing and retaining the best talent in the industry and sector. In the FY2021-22, Arohan has grown its employee base by 5.45% from 6,790 in March 2021 to 7,160 as on March 31, 2022, a formidable force spread in 14 states of the country. Practices to ensure people are treated equitably by the organization Hiring: Arohan, as an equal opportunity employer, considers the candidature of all submitted job applications irrespective of their age, sex, marital status, disability, nationality or religion, and accordingly shortlists potential employees. Employment is offered only to suitable applicants on the basis of their merit, from the pool of referrals, direct applicants and internal employees. External Hiring : Arohan has taken a conscious approach to include more women in its field workforce and has undertaken a diversity charter with specific annual targets on gender diversity to be achieved over the next three financial years. The Company has also identified certain roles across departments with specific preferences on female hiring only. In its hiring strategy, the Company is focused on the principle of “Equality to be brought through equity”. Arohan also encourages its employees coming out of sabbatical for their second innings in their career with focused efforts and programmes. Arohan believes, that with such opportunities, the Company will not only enable the employees in rebuilding their careers but also create a lasting impact on their lives. Moreover, the Company will also benefit from their expertise. I n addition, Arohan also provides an ‘Employee Referral’ scheme to encourage its employees refer their contacts and suitable candidates for relevant roles and get rewarded for successful on boarding. 82 Annual Report | 2021-2022