Question 1

What is ABECA 2024 - AmbitionBox Employee Choice Awards?

Accepted Answer

Each year, AmbitionBox spotlights outstanding workplaces through ABECA - AmbitionBox Employee Choice Awards (formerly AmbitionBox Best Places to Work in India Awards), celebrating companies with exceptional work cultures. The 2024 winners, spanning across diverse industries, reflect a commitment to nurturing, inspiring, and empowering their teams. These awards recognize the top companies to work for purely based on ratings shared by employees on AmbitionBox who have worked with a particular company in the year 2023.

Question 2

How is a company classified as Mega, Large, Mid-Sized and Tech Startup?

Accepted Answer

A company can be classified into one of the below categories based on its employee count in India:
		 Mega category if it has more than 50,000 employees,
		  Large category if it has 10,001-50,000 employees,
		  Mid-Sized category if it has 501 to 10,000 employees,
		  Tech Startup if:
		  - It leverages technology for their business in a significant way,
		  - Should not be a public company or started by another company,
		  - It has been founded on or after 01-January-2014.

Question 3

Even though my company has a good rating, why did it not win ABECA 2024?

Accepted Answer

For a company to qualify, it must fulfill specific criteria such as being a registered company in India, not being involved in fraudulent activities, not influencing reviews, and meeting category eligibility criteria. Winning an award depends on various factors. Refer to the complete methodology for more details.

Question 4

What is the timeframe of ratings considered for ABECA 2024?

Accepted Answer

Reviews for companies wherein reviewers have worked in the company between 01 January 2023 and 31 December 2023 are considered for awards.

Question 5

How are companies ranked?

Accepted Answer

Companies are ranked based on the new overall rating that is calculated using our proprietary algorithm based on the ratings & number of reviews shared by employees who have worked in the company in 2023. In cases where 2 or more companies have the same rating, a joint rank is given. Ranks are awarded by Standard Competition ranking.

Question 6

Can companies nominate themselves for ABECA?

Accepted Answer

No, companies cannot nominate themselves to participate in ABECA. All companies on AmbitionBox are eligible for awards subject to fulfilling the award category qualifying criteria. However, a company can increase its chances of qualifying by having sufficient reviews on AmbitionBox.

Question 7

How does a company benefit from these Awards?

Accepted Answer

If you believe your company has a really good work culture and a great employer brand, then get noticed by more than 1 Crore users every month on AmbitionBox with ABECA - AmbitionBox Employee Choice Awards. Not only this, all companies that make it to the list are also given a badge that can be showcased on the company’s website, social media platforms, and presentations as a recognition from AmbitionBox. This helps companies attract and retain talent, and differentiate their overall employer brand from competitors.

Question 8

How is ABECA different from other awards?

Accepted Answer

Unlike other awards, the companies cannot self-nominate themselves for ABECA. No costs are involved in the process. Ranks are declared based on reviews and ratings given by the employees who have worked in the company. AmbitionBox is India’s #1 platform for company reviews and salary insights. Given our scale and reach, these awards truly showcase the best of the best workplaces.

Question 9

How will a reviewer’s data be used?

Accepted Answer

Other than awards, the data will be used for displaying reviews and ratings on the respective company page on AmbitionBox.

Question 10

How is the authenticity of reviews checked?

Accepted Answer

Our proprietary algorithm filters and analyses multiple attributes of the review - spam, fake, abusive, duplicate, and similar factors to decide the authenticity of a review. Any reported or flagged content is reviewed by a team of moderators and is removed if it doesn’t meet our community guidelines.

Question 11

Have more questions?

Accepted Answer

If you have any other questions or queries, write to us at support@ambitionbox.com.

Rank	Category	Company Name	Rating
1	Mega	Shriram Finance	4.07
1	Mega	JPMorgan Chase & Co.	4.07
3	Mega	Bajaj Finserv	4.00
4	Mega	HDB Financial Services	3.97
1	Large	Mahindra Finance	4.30
2	Large	Credit Suisse	4.23
3	Large	American Express	4.18
4	Large	Aditya Birla Sun Life Insurance	4.14
5	Large	ICICI Prudential Life Insurance	4.09
1	Mid-Sized	Five-Star Business Finance	4.35
2	Mid-Sized	Allianz Services	4.31
3	Mid-Sized	Synchrony	4.29
4	Mid-Sized	Vastu Housing Finance	4.26
5	Mid-Sized	Fidelity Investments	4.24

Top Rated Financial Services Companies to Work for 2024

Mega companies category

Large companies category

Mid-Sized companies category

Top Rated Financial Services Companies to Work for 2024