Hero FinCorp Limited

Finance Made Easy. Three simple words, that drive India's next generation ultra-lean credit champion – Hero FinCorp. Incorporated in December 1991 as Hero Honda FinLease Limited; the restructuring of our parent company Hero MotoCorp Limited, led to our present form as Hero FinCorp Limited. Today, they're present at close to 2000 retail financing touch-points across Hero MotoCorp's network, and have partnered with over 2000 satisfied corporate clients. Going forward, they plan to continuously expand their offerings and geographic presence, whilst offering class leading financial services to all sections of their society. Hero Fincorp works towards creating a wonderful experience for new hires starting from induction process to providing necessary equipment to operate, clarity of roles and responsibility, familiarization with colleagues, to initial handholding by buddy and mentor to ensure that the new employee feels at home. Forums like whatsapp groups ensured that the employees had a space to share their happy and difficult moments during lockdown and were kept engaged through fun events. Important festivals are celebrated through week long festivities that involve contests, fun events, radio shows and office decor. The organization creates value at work for its employees by building lighter moments, volunteering opportunities for community service and learning opportunities at work.

Some of the Best People Practices and Initiatives at Hero FinCorp Limited include - 

RESTART: The project restart was a prime example of collaboration to date. They formed cross-functional teams from various departments and created a restart team that worked relentlessly to ensure that they can adapt to the new normal and restart the business with utmost precaution and safety. It included monthly roster creation for all the Lines of Business which required cooperation and collaboration throughout the organization. Issuing e-authorization letter to employees as per government norms to enable their commutation was another example of organization-wide collaboration as they had to ensure that not more than 33% of the headcount is provided these passes as per government norms in the initial stages of unlock 1.0. 

Hero Fitness League - Traditionally, at Hero FinCorp, they kick started the festive season with a sports day however, Covid has created challenges out which are born some innovative outcomes. Owing to the new normal it was not possible to have a gathering and do such an event so leveraging the technology they made the event digital. With the help of the Strava app, they were keeping track of the distance covered and calories burnt while reiterating the safety norms during participation in the event. It was a unique digital event where employees across the country participated individually or in groups in categories like Stepathon and Running. Our 350 Heroes participated in 1200 activities, covering 3,530 Kms and burning more than 2,11,942 calories. It helped them to prepare for the upcoming season both physically and mentally.