LG Electronics is ranked as one of the Best Employers in India and also the only consumer durable company to list in 'Profiling the Best '. The key reasons for LG's success in this survey has been a performance driven culture that has helped LG make the grade as a best employer. The company has been able to maintain peak motivation levels amongst its employees through its aggressive results-oriented culture where recognition is a way of life. Performance linked bonuses are paid every six months.
Internal competition is encouraged.
Targets are quantified and communicated. Beyond this, the philosophy is 'here's what is to be done, now it's over to you' . What started as a simple-minded initiative to build a happy workforce, has grown over time into 'the LG Culture' and has today been recognized. The HR practices at LG reconfirm the company's belief that culture building is integral to work practices. The most frequently used words at LG are empowerment, freedom, transparency and performance.