(PRESS RELEASE) – Colombo. Friday 04 November 2016. JAT Holdings announced that it has been named Sri Lanka’s Best Employer Brand, an award conferred by the Employer Branding Institute, World HRD Congress & Stars of the Industry Group, with CHRO Asia as a strategic partner, and endorsed by the Asian Confederation of Businesses.
The Sri Lanka Best Employer Brand Awards recognise organisations in the country which have demonstrated excellence in building brands as an employer of choice. This award, distinguishes JAT Holdings for having a distinct identity that is visible in its implementation of best practices, policies and strategy in human resources.
“As a rapidly growing company with a staff strength of over 350 employees, we couldn’t be any prouder”, said Aelian Gunawardene, Managing Director of JAT Holdings. “Our employees are fully aware that they can bring meaning to the job, and continuously challenge the status quo in the deep belief that we can make our industry sustainable. We encourage them to take ownership and be the driving force behind JAT Holdings success in our industries and markets”.
The award was conferred to JAT Holdings based on its diligence in the consistent improvement in HR policy, being a social and equal opportunity employer and above all for its hallmark feature in developing and nurturing future leaders.
As per the criteria requirements of the judging process, JAT Holdings was scrutinised by a research cell which consisted of professionals from different parts of Sri Lanka. These professionals were then required to submit their findings to a jury which would then determine the winner.
The officiating jury consisted of senior Business leaders belonging to the calibre of Dr. Arun Arora, Former President and CEO of the Economic Times, Dr Harish Mehta, Chairman and MD of Onward Technologies, Professor Tim Hilton, Global Chairman for Asia Pacific HRM Congress, Jack Jones the Global Chairman of the World HRD Congress, Jonathan Peters, Global Chairman of Stars of the Industry Group, Prof Indira Parikh, former Dean of IIM Ahmedabad, Dr R.L. Bhatia, Founder of World SCR Day and Nine Woodarad, President and Chief N Sights officer.
The Jury based its decision to award JAT Holdings this prestigious accolade for its exemplary practices in the implementation of learning and development initiatives, communicating distinctiveness in employee hiring, training and retention practices as well as for continuous innovation.
JAT Holdings was founded in 1993 and has increased its portfolio during the past 12 years to include global brand leaders such as Sayerlack, Crown Paints, Permoglaze, Norton, Armstrong, Herman Miller, and Alno. In 2000, JAT transformed the wood coatings industry in Sri Lanka and extended its operations to South Asia by introducing water-based solutions, thereby creating an entirely new segment in the category which it continues to dominate with 75% of the market share. With 18% revenue growth and 38% net profit growth in 2014/15, the rebranding affirms JATs vision of the unprecedented goals it has devised to achieve.