CAN BOTS PROMOTE PEOPLE?

In our study of workplace culture in India, we found that fairness continues to be a huge challenge for organizations. Less than 60% of the people trust that managers often avoid playing favourites at work. Bajaj Finance Limited has identified a way to reduce this human element of bias by introducing the Auto Promotion Policy. This allows eligible employees at manager level or above, up to a certain grade, to be automatically promoted to the next role basis their achievements and performance. There are well-defined metrics for all functions and roles and if the employee qualifies the same, he or she gets auto-promoted in the system. Having clarity on expectations and knowing that they will be fairly rewarded for their efforts enables employees to give their best and meet their targets, collectively leading to high business performance for the organization.