twimbit’s EX benchmarks for banks

Axis Bank – An Overview

About

Vision

To be the preferred financial solutions provider excelling in customer delivery through insight, empowered employees and smart use of technology

Employee experience objectives

• Striving for inclusion and equity
• Embracing diversity

Drivers of culture

• Socially responsible culture
• Educational initiatives

Top EX initiatives

• Diversity, Equity and Inclusion Strategy (DE&I)

Axis Bank seeks to create a diverse, inclusive, equitable and safe environment for employees to thrive in. It created a Sustainability & Inclusion Council (The Council) responsible for driving and promoting the DE&I plans and initiatives. The bankhopes to create an ecosystem where employees embrace and employ their differences to contribute to the success of their teams.

The four pillars of the DE&I framework can be summarised with the acronym LEAD:

These are some of the notable initiatives by Axis Bank that truly define inclusion:
o EMBRACE: An initiative to provide opportunities for the differently-abled by integrating them into the workforce
o Healthcare: The latest healthcare program extends coverage for partners and members of the LGBT community, making Axis Bank one of the first in the banking industry to do so

As a HR Specialist, you can:
Create a framework that embraces diversity and strives for inclusion, as employees tend to be more motivated when they feel accepted at work

• We Lead
  

The “We Lead: Axis Bank – ISB Women Leadership Program” aims to foster diversified leadership among women. Through this initiative, Axis Bank will hire women who are students completing their postgraduate at the prestigious Indian School of Business (ISB) and are keen on pursuing a career in banking.

We Lead is the first such programme in India under such a partnership.

It includes intensive in-house training with faculty from Axis Bank and ISB. Through the training, students obtain an overview of the local and global banking industry with a focus on current and future trends. They are also given exposure in other banking areas like retail, corporate, wholesale and consumer business. The programme focuses on nurturing business leadership skills in the backdrop of the current business milieu.

As a HR Specialist, you can:
Understand the gender ratios in the company and put initiatives that help solve the disparities within

Other employee engagement initiatives

How you can match up to Axis Bank

• Become an equal opportunity employer that strives for diversity and inclusion
• Be socially aware of issues and make changes in your bank that help solve them

To read the full report, click here.