HYDERABAD: Synchrony (NYSE: SYF), a leading financial services company, has announced a permanent work-from-home option for all its employees.
“At Synchrony, our employees are our best asset. Together, we have proven that we can do great work anywhere we work. We are committed to their success and truly believe that building a high-trust culture through initiatives that support our employees to be their best is non-negotiable. Positive and empowering work environments are the key to a happy workforce which helps us sustain a great workplace culture,” says Andy Ponneri, Senior VP, Business Leader India, Synchrony.
The policy is in effect June 27, 2022 onwards. The Synchrony main office in Hyderabad remains open to fully vaccinated employees and is a central point of the company’s engagement strategy where employees can come in either to work or to participate in engagement activities and network with colleagues.
Additionally, with the ability for all employees to work from home, Synchrony is launching Regional Engagement Hubs for virtual and in-person engagement outside of the Hyderabad area. These Engagement Hubs will provide regular connection opportunities for employees who chose to work 100 per cent from home.
Speaking on this decision, Angie Allen, Senior VP, Human Resources-Asia, says, “Throughout the pandemic, we have kept employees at the centre of our decision-making. We have learned over the past 2.5 years that employee attitudes towards work-life balance and work environments have shifted. They expect to emerge from the pandemic with options. Our New Way of Working, which centers on flexibility and choice, provides these options, such as the ability to permanently work from home, and shows that we have listened. We have no doubt that this move will support our employees, strengthen the trust in our culture, and benefit our entire business.”
Synchrony was named by Great Place to Work® as one of India’s Best Companies to Work For in 2022, ranking No. 19 on the list. The company also recently received Top 30 BFSI recognition from Great Place to Work India in 2022.
Synchrony currently has over 47 per cent women diversity along with 100+ specially-abled employees and 25+ veterans and their family members as part of its workforce in India.
As part of its focus towards a safer workplace for all, the company has introduced unique benefits for its employees and their families and is hiring across diversity groups for all open roles.
In 2021, Synchrony also ranked Top 10 among India’s Best Workplaces in Diversity, Equity and Inclusion and Top 50 among India’s Best Workplaces for Women.
(ANI/BusinessWire India)