Despite a challenging business environment, where 62 percent of CEOs identify critical skills shortage as well as poor availability and selection of talent in the external labour market as the top two key People Risks, Best Employers in Hong Kong have proven to be leaders in driving employee engagement to accelerate business results.
On an average, Best Employers scored 22 points higher than market average across employee engagement, employer brand, leadership, and high performance culture indices.
Tzeitel Fernandes, Managing Director, Aon Hewitt Hong Kong, said: “Business is changing at the speed of light, which creates new challenges in talent management. Talent expectations and aspirations are evolving with each generation, and more than ever, organisations must be adaptable to survive — and succeed.”
Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, has named seven organisations as Aon Best Employers in Hong Kong for 2016. They are:
|Organisation (listed alphabetically)||Category|
|AIA International Limited||Best Employer – Hong Kong|
|American Express International, Inc.||Best Employer – Hong Kong|
|Baxter Healthcare Ltd||Best Employer – Hong Kong|
|DBS Bank (Hong Kong) Limited||Best Employer – Hong Kong|
|DHL Express Hong Kong||Best Employer – Hong Kong|
|McDonald’s Restaurants (Hong Kong) Limited||Best Employer – Hong Kong|
|The Ritz-Carlton, Hong Kong||Best Employer – Hong Kong|
In addition, three organisations received special recognition:
|American Express International, Inc.||Best Employer for Commitment to Engagement|
|The Ritz-Carlton, Hong Kong||Best Employer for Generation Y|
|DBS Bank (Hong Kong) Limited||Best Employer for Women|
AIA Group, DHL Express Asia-Pacific, and McDonald’s Asia High Growth and Foundational Markets were also named Aon Regional Best Employers for Asia-Pacific 2016, while Marriott International, Hong Kong was named Aon Global Best Employer.
When asked about what stands out among this year’s Best Employers, Mary Yu, Head of Talent Solutions, Aon Hewitt Hong Kong, said: “Culture is the binding force between the what and the how, bringing together the aspirations of the workforce with those of the business. Best Employers actualise their culture by linking their employer brand promises to their core values in order to drive high performance. This empowers the organisation to deliver a culture that is easily embraced at all levels, and supports delivery of business outcomes.”
Fritz Yeung, Best Employers – Hong Kong Programme Lead, Aon Hewitt Hong Kong, added: “Best Employers realise that engagement levels are badly affected when employees don’t have visibility on their career path in the organisation.”
“It’s no longer enough to have performance conversations just once a year, which is why Best Employers take the time to train their people managers to communicate a vision around how team members can transform their careers and grow in the organisation, as well as equip managers to communicate rewards effectively.
“As a result, Best Employers in Hong Kong record employee engagement scores 25 points higher than the market average — which delivers direct and positive impact on business performance, with 19 percent higher growth in revenue than the market average.”
Image credit: LinkedIn