Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Aon Hewitt announces 2012 'Best Employers'

For immediate release

Aon Hewitt announces 2012 Best Employers

Sydney , 5 June 2012: Aon Hewitt announced its 2012 Best Employers in Australia and New Zealand (ANZ) survey, with Microsoft Australia being named the Best of the Best for 2012.

Fourteen organisations received the Aon Hewitt Best Employer accreditation in 2012 including Chorus New Zealand Limited, Express Data (Australia and New Zealand), FedEx Express (Australia), FedEx Express (New Zealand), Frucor Beverages Australia, Hilti Australia, Janssen Australia and New Zealand, Microsoft Australia Pty Ltd, Peoplebank Australia Limited, SEEK Limited (Australia and New Zealand), Shire Australia Pty Ltd, Starlight’s Children’s Foundation, Trilby Misso Lawyers and Wood & Grieve Engineers Limited.

Now in its twelfth year, the study reflected the opinions of over 74,000 employees across 165 companies within Australia and New Zealand , from this, 102 companies participated in the 2012 Best Employers accreditation program

“Aon Hewitt Best Employers have a fundamental belief that developing a highly engaged and productive workforce is a non-negotiable requirement” comments Jocelyn Anso, Best Employer program lead for New Zealand , Aon Hewitt “Best employers do more than create a nice place to work. They create the conditions for people to excel and contribute discretionary effort.”

The 2012 study identified five distinguishable characteristics of a Best Employer:

1. unwavering commitment from senior leaders to the importance of developing highly engaged and productive employees
2. clear performance expectations that align people to the organisation’s goals and values, and bring meaning to their work
3. people managers who create the conditions for their people to excel
4. reward and recognition practices that encourage employees to contribute discretionary effort
5. clear communication on what employees can expect which in turn helps the organisation to be more competitive in attracting and retaining in a tight labour market.

Engagement linked to productivity and profitability

The links between engagement, discretionary effort and productivity are proven, with Aon Hewitt Best Employers delivering on average 9% more profit per employee and double the revenue growth of other organisations. Despite this, and the increasingly competitive global market, only 31% of Australian and New Zealand organisations are improving employee engagement levels.

“Many Australian and New Zealand organisations are currently facing substantial market challenges. Despite these challenges, boards, shareholder and other stakeholders expect most organisations to develop and deliver on growth targets.” comments Stephen Hickey, employee engagement practice lead, Aon Hewitt. “In this environment, there is significant value in organisations using employee engagement and the discretionary effort of their people to drive performance outcomes” Hickey concludes.

Best Employer organisations for 2012
Aon_Hewitt_Accredited_Best_Employers_2012.pdf

Key quotes from the leaders of 2012 Best Employers
Key_quotes_from_2012_accredited_Best_Employers_ANZ.pdf

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Consents And Taxes: Trustpower 'very Disappointed' With Judgement

Trustpower is "very disappointed" with a Supreme Court ruling dismissing its bid to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. More>>

ALSO:

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news