Avnet wins HR Asia's award for "Best Companiesto Work for in Asia 2018 -- Singapore"

SINGAPORE- Media OutReach -November 28, 2018 - AvnetAsia Pte Ltd has been named oneof the Best Companies to Work for in Asia -- Singapore. This award marks thethird accolade Avnet has received in the past six months for its exemplaryworkplace practices, having won the Great Place to Work^TM Certification 2018 awarded by The Great Place to Work^®Institute in India in September, and the HR Asia Awards in Taiwan in June.

Avnetreceived the "Best Companies to Work for in Asia 2018 -- Singapore" at HR Asia'saward ceremony

The HRAsia Awards Singapore is organized byone of the most authoritative HR publications in the region.  The winners undergo a stringent selectionprocess judged by independent industry experts, academics and journalists.

"Avnet is thrilled to be recognized by HR Asia once again asone of the Best Companies to Work for in Asia. As we prepare our workforce forIndustry 4.0, Avnet Asia Pacific is committed to providing a conducive andopportunity-laden workplace for its employees to thrive and contribute,"commented FrederickFu, president of Avnet Asia Pacific. "This award reinforces our belief that Singaporeand the greater APAC region can achieve profitable growth through an environmentthat supports employees' aspirations and recognizes their contributions."

James Tan, senior vice president, human resources, at AvnetAsia Pacific, added, "There is a strong positive correlation between employeeengagement and profitable financial performance. Our Avnet team in Singaporecomprises highly motivated leaders with many talented and experiencedemployees. Over the years, we have deployed a myriad of multi-layereddevelopment and well-being programs to keep our workforce effectively engagedin our drive for business excellence. Receiving HR Asia Singapore's award is anexternal endorsement of Avnet's commitment in nurturing the continuousdevelopment and growth of our industry-leading workforce."  

Avnet scored higher than the industryaverage in the "Heart, Mind, Soul" categories, which look into the company's workerengagement policies, its provision of a healthy workplace culture, and theoffering of employee development opportunities, respectively. The rigorousassessment process proved Avnet's track record towards the well-being anddevelopment of its employees. Avnet provides a range of in-house programs,online learnings, and external programs for talent and management development.To recognize and reward talent who are going the extra mile, Avnet proffers theReach Recognition program to foster greater collaboration, commitment,dedication, and service excellence. Avnet also has an employee-led initiativein the region that enables peers to share its holistic well-being approachthrough external outreach programs.

"The Best Companies to Work for in Asia award recognizescompanies for their workplace and employee engagement practices," said WilliamNg, group publisher and editor-in-chief of HR Asia. "Avnet demonstrated their continuedwillingness to go the extra mile in fully engaging their employees while caringfor their personal growth and well-being. We are pleased to recognize AvnetAsia as one of the best companies to work for in the region through this award."

HR Asia Awards 2018 expands Avnet's extensive list ofachievements in Singapore, which includes Singapore HR Institute's award for LeadingHR Practices in Compensation & Rewards Management, Leading HR Practices inTalent Management, Retention and Succession Planning, as well as the Excellencein C&B Strategy (Silver) awards from Human Resources.

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Avnetis a global technology solutions provider with an extensive ecosystemdelivering design, product, marketing and supply chain expertise for customersat every stage of the product lifecycle. We transform ideas into intelligentsolutions, reducing the time, cost and complexities of bringing products tomarket. For nearly a century, Avnet has helped its customers and suppliersaround the world realize the transformative possibilities of technology. Learnmore about Avnet at www.avnet.com.

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