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

 


Rewards Favour the Brave

Rewards Favour the Brave

Out of 120 companies trans-Tasman, only a handful will be accredited as Best Employers in 2014, with Aon Hewitt set to announce who they are and which organisation has taken out Best of the Best across Australia and New Zealand on May 27.

Aon Hewitt’s annual Best Employers survey has separated the best from the rest of leadership teams who are successfully engaging their employees and the results will make for interesting reading.

“To undertake our survey an organisation is prepared to hear the truth about how well their leaders are performing and that shows a real commitment to the health of their business,” says Aon Hewitt NZ Talent and Rewards Manager, Jocelyn Anso.

“As part of our survey we provide an anonymous online feedback system for employees and they relish the opportunity to give their executive team some real-world critique,” she says.

Anso says the companies that undertake Best Employers know employee engagement is crucial to their productivity and they want an honest picture, regardless of whether they gain accreditation in the process.

“Our survey gives them a clear map of what’s working in the business and what’s not and that is operational gold, regardless of whether they make accreditation as a Best Employer at the end of the day,” says Anso.

Companies in New Zealand that have been accredited in the past and will be among those putting themselves forward in 2014 for accreditation and for Best of The Best are FedEx, Frucor and Chorus.

“Engagement is not a one-off event for these organisations. It has become part of their DNA and is a key success-driver,” says Anso. “For instance continuing to measure engagement, even during difficult times is something Chorus stands by. Another thing they and the rest of these companies do really well is make sure that senior leadership is highly visible and accessible during change and that their employees know what’s happening in the company first, before company outsiders or the press, whenever possible.”

Anso says another marker she’s observed for a workforce operating at optimum is the ability for international companies to put down solid roots where they base their local operations.

“Without giving too much away, the companies that have made the grade this year are unanimously genuine about their social responsibility and they engage in it close to home.”

The companies that have made accreditation as Best Employers and the top performing company - Best of the Best - will be announced at an awards night in Sydney, May 27.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Post-Post: Brian Roche To Step Down As NZ Post CEO

Brian Roche will step down as chief executive of New Zealand Post in April 2017, having led the state-owned postal service's drive to adjust to shrinking mail volumes with a combination of cost cuts, asset sales, modernisation and expansion of new businesses. More>>

ALSO:

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news