Aon, a leading global professional services firm providing a broad range of risk, retirement, and health solutions, has named six organisations as Best Employers Singapore 2017.
Engagement scores for Aon Best Employers increased by 2 points to 82 percent this year. With the market average score lowering by 3 points to just 60 percent, Best Employers are further ahead than the market compared to last year.
Higher engagement levels are a direct result of an enhanced work experience for employees. 80 percent of Aon Best Employers enable a high performance culture (20 points higher than market average; 81 percent provide their employees with better infrastructure (23 points higher than market average); and 85 percent offer more opportunities for collaboration (21 points higher than market average).
While Best Employer CEOs named Operational/Organisational Efficiency and Effectiveness as well as Market Factors as the top two challenges impacting the organisation’s ability to succeed, CEOs of other participating organisations chose Market Factors and People Issues. This demonstrates the importance of having the right talent strategy in place, which will in turn, bring about a more productive workforce that delivers business results.
The Aon Best Employers in Singapore for 2017 are:
DBS Bank: Best of the Best Employers
American Express International, Inc: Best Employer Singapore
DHL Express Singapore: Best Employer Singapore
FedEx Express Singapore: Best Employer Singapore
OCBC Bank: Best Employer Singapore
The Ritz-Carlton, Millenia Singapore: Best Employer Singapore
In addition, five organisations received special recognition:
CashShield Pte Ltd: Best Employer for Startups
The Lo and Behold Group: Best Employer for Small & Medium Enterprises
SUN-DAC: Best Employer for Social Service Organisations
Far East Organization’s Corporate Real Estate Business Group: Best Employer for Commitment to Engagement
American Express International, Inc: Best Employer for Generation Y
American Express Company, DHL Express Asia Pacific, and FedEx Express Asia Pacific were recognised as Regional Best Employers 2017 for Asia Pacific, after being named Aon Best Employers in at least three other markets across the region such as Malaysia, Hong Kong, Indonesia, New Zealand, Taiwan, and Thailand.
Marriott International, Singapore and InterContinental Hotels Group, Singapore were also named Best Employers Singapore 2017 through the Global programme.
Vikas Verma, Principal, Talent and Performance, Aon Hewitt, said: “The digital era is opening up a great opportunity to seamlessly listen to employees across the talent life cycle in order to provide the promised people experience. However, this transition to continuous listening is not about another technology implementation. It’s a paradigm shift in listening and responding to employee experiences in near-real-time. For this to positively influence employee engagement, organisations must drive more empowerment and development of their people managers–as we see in this year’s Aon Best Employers Singapore.”
Jeremy Andrulis, CEO Southeast Asia, Aon Hewitt, added: “HR makes many decisions every day, both tactical and strategic, and they add up to create an overall employee experience and impact the value delivered to business. The Aon Best Employers programme gives organisations a clear view of where they stand in the market when it comes to employee engagement, leadership, employer brand, and culture to drive performance–and with access to this data and insights, HR can make better people decisions that achieve organisational goals while meeting employee expectations.”
Aon Best Employers is a flagship programme, designed to improve employee engagement, leadership effectiveness, employer brand, and culture to drive high performance. It is the most credible and comprehensive survey of its kind in Asia Pacific and Middle East. The survey leverages on Aon Hewitt’s professional 3-tier assessment tools and includes participants from a variety of industries–including finance, F&B, hospitality, pharmaceutical, and more. Now in its 17th year, the Aon Best Employers programme runs across 14 markets in APACMEA: Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Middle East, New Zealand, Philippines, Singapore, Taiwan, and Thailand.
Source: Media Release