In an extraordinary feat, Loop1 Sri Lanka has soared to new heights of workplace excellence by securing its place as one of the top 10 IT/ITES1 workplaces in the country according to Great Places to Work®, and all in their very first attempt. This resounding victory not only bestows Loop1 with the prestigious Great Place to Work certification it also saw them secure a coveted place on the elite list of the most esteemed workplaces in Sri Lanka’s IT/ITES sector. The significance of this achievement cannot be understated as it highlights Loop1’s unwavering commitment to creating an exceptional work environment. Moreover, it sheds light on the ever-increasing importance of the Information and Communication Technology (ICT) sector in Sri Lanka’s economic landscape. Let us embark on an inspiring journey as we explore Loop1’s remarkable success, the Great Place to Work certification, and the thriving IT/ITES industry in Sri Lanka.
Embracing Success Loop1’s Victory
Pictured left to right: Anju Navaratne – Social & Digital Marketing Coordinator, Tharindu Jayamaha – Head of Engineering APJ, Arosh Jayamana – Associate Director Enterprise Applications & APJ Operation, Buddhi Sanjeewa – Assistant Manager Human Resources APJ, Windya Wickramathunga – Account Manager APJ
With unwavering dedication and a people-centric approach, Loop1 Sri Lanka has secured its place among the top 10 IT/ITES workplaces in the nation. This remarkable achievement speaks volumes about the company’s commitment to fostering a work environment that inspires, empowers, and nurtures its employees. From a vibrant corporate culture to a strong focus on leadership, trust, and communication, Loop1 has set a benchmark for organizations aspiring to create exceptional workplaces.
The Great Place to Work Certification Measuring Workplace Excellence
The Great Place to Work survey serves as a powerful tool to assess and measure the quality of workplaces and employee satisfaction. By administering a well-designed questionnaire, Great Place to Work evaluates key aspects such as leadership, trust, communication, recognition, fairness, and camaraderie. Loop1’s achievement of the Great Place to Work certification is a testament to its employees’ positive perceptions and experiences within the organization.
Figure 1: GPTW Methodology
The IT/ITES Industry in Sri Lanka and The Best 10 in the Playfield
The IT/ITES sector in Sri Lanka has emerged as a key player in the country’s economic growth. In 2022, the sector ranked as the third-largest export revenue earner, generating an impressive USD 1.5 billion. With a robust workforce of over 150,000 professionals, the industry has become a driving force behind employment and economic progress. As the sector sets its sights on 2025, it aims to generate USD 5 billion in exports, create 300,000 jobs, and inspire 1,000 startups, setting the stage for a prosperous future.
Among the many remarkable findings, the Best 10 IT/ITES workplaces stand out as true beacons of excellence. These organizations consistently outperform their counterparts within the Great Place to Work scoring system by an average of 4%. Moreover, employees within the Best 10 exhibit a 2% stronger average positive perception compared to the Best 50 Workplaces in Sri Lanka across various industries. The Best 10 employees demonstrate higher levels of respect, fairness, credibility, pride, and camaraderie, setting them apart from the rest.
Figure 2: Comparison Statistics: Where the Best Outperform the Rest
Inspiring a Positive Work Experience
Loop1’s success can be attributed to its commitment to five key focus areas: Respect, Fairness, Credibility, Pride, and Camaraderie. The employees within the Best 10 IT/ITES workplaces perceive these areas more positively than their counterparts, with an average 3% difference. The significance of this achievement is particularly notable in the areas of Respect and Fairness, where the Best 10 showcases an average positive difference of 4%. By prioritizing these essential components, Loop1 has fostered an environment that inspires its employees and creates a sense of belonging.
Loop1 Sri Lanka’s recognition as one of the top 10 IT/ITES workplaces in the country and its Great Place to Work certification serve as a testament to its unwavering commitment to employee satisfaction and fostering a vibrant corporate culture. This achievement coincides with the remarkable growth and potential of the IT/ITES industry in Sri Lanka.
About Great Place to Work®
Great Place to Work®, headquartered in the USA, is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. Great Place to Work provides executive advisory and culture consulting services to businesses, non-profits, and government agencies in over 60 countries across five continents, including Sri Lanka.
Follow Great Place to Work online at www.greatplacetowork.com or www.greatplacetowork.lk
About the Great Place to Work® Certified TM’ programme
The ‘Great Place to Work® Certified TM’ programme recognizes organizations that have submitted a Culture Brief© and undertaken Great Place to Work® rigorous Trust Index© employee perception survey and passed the global qualification criteria of 70% positive sentiment from employees required to be a recognized as Great Workplace. The Certification period is valid for 1 year.
1 Information Technology/Information Technology Enabled Services
Associate Director – Enterprise Applications & APJ Operation
Loop1 Sri Lanka