Employee Recognition, The Apollo Way

At Apollo Tyres, we believe in ensuring our Apollo family is seen and heard. Thus, we make it a priority to honour and appreciate the remarkable efforts of our team members to foster a positive work environment. All these efforts have contributed to the prestigious certifications we have earned, such as the Great Place to Work certification in India and the Top Employer certification across our Singapore, Hungary, the Netherlands, and UK offices.

Here’s how we ensure our employees feel valued.

Recognitions and Awards

At Apollo Tyres, we have a structured employee recognition program that includes various awards and acknowledgements for those who exhibit exceptional performance in the workplace. Our ‘Roll of Honour’ program, in particular, is one such recognition. It recognises our employees across the globe. Further, we have regional recognitions, such as our #GoTheDistance awards in Europe, which recognise exceptional teamwork and cross-functional excellence.

Another performance-focused recognition we have is the ‘Chairman’s Employee of the Year,’ an annual award bestowed by our Chairman, Onkar Kanwar, for the most outstanding employee.?

As important as performance-based recognition is, it is not the only aspect we consider. Our employees are recognised as ‘Apollo Pillars’ for their long service to our company, with many of them having been with us for several decades. Appreciation is also given to our employees through Recognition Badges.

All these achievements are celebrated annually during the Chairman’s Recognition Week, where we come together to laud our outstanding and esteemed team members.?

As of this year, we have also launched the Apollo Recognition Hub, a unified global rewards platform dedicated to seamlessly celebrating Apolloites' achievements. The platform's ease of use and availability are yet another one of our strategies to boost employee morale further. Over 13,000 appreciation badges were exchanged, and over 2,500 Apolloites were recognised through the platform. In addition, we also introduced monetised awards for quick redemption through the platform during the annual Chairman’s Recognition Week.

Well-Rounded Employee Compensation Strategies

At Apollo Tyres, we take a comprehensive approach to employee compensation that goes beyond just financial rewards. Our strategy includes both monetary benefits and non-monetary incentives. This well-rounded rewards package plays a crucial role in attracting, retaining, and motivating our talent.

One of the key elements of our compensation model is performance-based pay. This approach incentivises top performers and encourages continuous improvement across the organisation. Our rewards framework is designed to highlight both extrinsic values, such as material rewards, and intrinsic values, such as opportunities for career growth. This dual emphasis fosters job satisfaction and cultivates a positive workplace culture.

Ensuring Every Employee is Heard and Valued

Beyond awards and compensation, we believe that proper employee recognition entails ensuring that they are heard. Our Apollo Voice employee engagement survey is one initiative that allows us to prioritise active employee feedback to gather valuable insights into various aspects of the workplace, including culture, benefits and work processes.

Last year, our survey achieved a remarkable global participation rate of 92%. It exhibits that everyone at Apollo is committed to open communication and continuous improvement. As a result, we have managed to continuously enhance key areas, from employee alignment to our objectives and understanding of our Vision, Purpose and Values.

At Apollo Tyres, our employee recognition program is designed to be comprehensive, inclusive, and impactful. Through an all-rounded approach of conducting awards, celebrating achievements, and ensuring every employee feels seen and heard, we create an environment where Apolloites feels valued and motivated to give their best. This is how we recognise our employees, the Apollo way.