Aon Best Employers in Singapore lead theway with a 20-point higher employee engagement score than the market average.
SINGAPORE- Media OutReach - August 14, 2018 - Aonplc (NYSE: AON), a leading global professional services firm providing abroad range of risk, retirement, and health solutions, has named sevenorganisations as Best Employers Singapore 2018.
Aon Best Employers Singapore 2018
AonBest Employers achieved an engagement score of 81%, compared to a marketaverage of 61%. They also scored20 points higher than market average across the Best Employer indices of employerbrand, effective leadership, and high-performance culture.
According to Aon research, a 5% increase inemployee engagement is linked to a 3% increase in revenue growth in thesubsequent year.
Inan uncertain business environment where 87% of Singapore organisations areundergoing digital transformation, Best Employers inspire their employees witha compelling vision. 83% of employees in Best Employer organisations agree thattheir seniorleadership provide them a clear direction for the future (22 points higher thanthe market average).
Inaddition, Best Employers have a total rewards strategy in place that focusesnot just on pay but learning and career development opportunities as well. 76%of Best Employer employees feel that they receive appropriate recognition fortheir contributions (21 points higher than market average).
The Aon Best Employers in Singapore for 2018 are:
Organisation | Category |
DBS Bank | Best of the Best Employers |
American Express International Inc. | Best Employer Singapore |
Baxter Healthcare Asia Pte Ltd | Best Employer Singapore |
DHL Express (Singapore) Pte Ltd | Best Employer Singapore |
Mandarin Oriental, Singapore | Best Employer Singapore |
McDonald's Singapore | Best Employer Singapore |
Singapore Prison Service | Best Employer Singapore |
In addition, five organisations received special recognition:
Organisation | Category |
DHL Express (Singapore) Pte Ltd | Honourable Mention for Commitment to Engagement |
DBS Bank | Honourable Mention for Engaging Generation Y |
American Express International Inc. | Honourable Mention for Engaging Women in the Workforce |
AMKFSC Community Services Ltd. | Special Recognition for Social Service Organisations |
Style Theory | Special Recognition for Start-ups |
DBS Bank was also recognisedas Regional Best Employer 2018 for Asia Pacific, after being named Aon BestEmployer in India earlier.
Vikas Verma, Director, Talent, Rewards and Performance, Aon Singapore,said: "As the business environment gets challenging and the talent more discerning, organisations in Singapore must shift gears from providing career progression to career experiences. While what this means to each company is different, Best Employers have done well to identify their top engagement drivers and create a fit-for-purpose employee experience that maximises potential."
Na Boon Chong, Managing Director and Partner,Talent, Rewards and Performance, Aon Singapore, added: "To thrive in this age ofdisruption, Best Employer organisations nurture an agile workforce that quicklymoves from old jobs to new ones as they are created. An agile workforce must besupported by agile HR that delivers services based on reduced time-to-market,increased collaboration, regular reflection, and course correction based onevidence collected continuously during the entire employee lifecycle. BestEmployers know that today's best practices may not be tomorrow's, and arealways looking to ensure their HR remains relevant and responsive to thechanging culture and work-styles of their organisations."
Aboutthe Aon Best Employers programme
Aon Best Employers isa flagship programme, designed to improve employee engagement, leadershipeffectiveness, employer brand, and culture to drive high performance. It is themost credible and comprehensive study of its kind in Asia Pacific and Middle East.The study leverages on Aon's professional 3-tier assessment tools and includesparticipants from a variety of industries--including finance, F&B,hospitality, pharmaceutical, and more. Now in its 18th year, the Aon Best Employers programme runsacross 10 markets in the region: Australia, China, India, Japan, Malaysia,Middle East, New Zealand, Philippines, Singapore, and Thailand.
For furtherinformation about the Aon Best Employers programme, visit: apac.aonhewitt.com/bestemployersasia
About Aon
Aonplc (NYSE: AON) is a leading global professional services firm providing abroad range of risk, retirement and health solutions. Our 50,000 colleagues in120 countries empower results for clients by using proprietary data andanalytics to deliver insights that reduce volatility and improve performance.
For further information on our capabilities andto learn how we empower results for clients, please visit https://apac.aonhewitt.com