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

 

China Shopping: NZ-China FTA Upgrade Agreed Among Slew Of New Deals

New Zealand Prime Minister Bill English and China Premier Li Keqiang signed off a series of cooperation deals spanning trade, customs, travel and climate change and confirmed commencement of official talks on an upgrade to the nine-year old free-trade agreement between the two countries. More>>

ALSO:


Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news