Aon Hewitt announced its 2012 Best Employers in Australia and New Zealand (ANZ) survey, with Microsoft 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, 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, 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 James Rutherford, Best Employer program lead, 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:
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.
NOTES TO EDITORS:
Aon Hewitt's research covers those organisations participating in the 2012 Best Employer accreditation process, along with Aon Hewitt's Engagement clients that have also included the Best Employers items into their engagement survey. This group represents a data set of over 74,000 employees from over 165 organisations and remains the most extensive research study of its type in the region.
Aon plc (NYSE: AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 61,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon's global partnership and shirt sponsorship with Manchester United.
About Aon Hewitt
Aon Hewitt is the global leader in human resource solutions. The company partners with organizations to solve their most complex benefits, talent and related financial challenges, and improve business performance. Aon Hewitt designs, implements, communicates and administers a wide range of human capital, retirement, investment management, health care, compensation and talent management strategies. With more than 29,000 professionals in 90 countries, Aon Hewitt makes the world a better place to work for clients and their employees. For more information on Aon Hewitt, please visit www.aonhewitt.com.