Welcome!

News Feed Item

Organisations in Central and Eastern Europe with High Employee Engagement Are Achieving Better Business Results, Says Aon Hewitt

SOFIA, Bulgaria, December 3, 2012 /PRNewswire/ --

Aon Hewitt, the human resource solutions business of Aon plc (NYSE: AON) has announced the results of its annual Best Employers study for the Central & Eastern Europe (CEE) region. The top regional Best Employers by category were announced at a ceremony in Sofia, Bulgaria.

The research shows a strong correlation between high employee engagement and better business results. On average, CEE Best Employers companies:

  1. out-perform on financial targets (108% of EBITDA goal realisation versus 93% for other organisations),
  2. have lower staff turnover rates (6% turnover versus 9% for the rest of the organisations),
  3. have lower absenteeism (3.5 day/employee versus 5.5 day/employee in the rest).

The study, which Aon Hewitt has run in Central and Eastern Europe since 2001, recognises companies that stand out from their peers through the high quality and effectiveness of their HR practices which have a positive impact on business results. The study looks at both employer and employee perspectives with business indicators to provide a fully objective picture.

Best Employers  study 2012 - the numbers:

  1. Eight countries - Bulgaria, Czech Republic, Hungary, Lithuania, Poland, Russia, Slovakia and Turkey.
  2. More than 400 companies 
  3. More than 250,000 participating employees, including 41,000 managers
  4. More than 2,600 senior leaders
  5. 29 Best Employers (three rankings according to size of company)

Rising employee engagement

This year's study showed that the level of employee engagement in the CEE region has increased by three percentage points since 2011, reaching the average level of 58%. The highest level of employee engagement in the region is in Bulgaria (67%), and the lowest in Poland (48%). At Best Employer companies, engagement reaches 80%, 22 points higher than the regional average.

Despite the differences in employee engagement levels among countries, there are common and distinctive qualities that set Best Employers apart. Magdalena Warzybok, CEE Engagement Practice Director at Aon Hewitt, said:

"Best Employers stand out in the way they reward and recognise their employees. That will be by offering adequate pay and attractive benefits packages as well as career opportunities. They have an excellent reputation in the job market and show real consistency between this external image and the real internal working experience of their employees. Finally, the quality of their senior leadership teams and their focus on people is a true differentiator."

Edward Stanoch, Aon Hewitt European Talent Practice Market Leader, said:

"We are very grateful to the participants of the Best Employers study. In continued economic uncertainty, we are pleased to see that more and more companies are acting to keep their employees engaged. It has become a business cliché that an organisation's greatest asset is its employees, but each year this study demonstrates the truth of that phrase. Good HR processes, well designed reward packages and better management do lead to more engaged employees. They, in turn, contribute more effectively and the whole business benefits."

List of Regional Best Employers 

Large sized companies  (>1000 local employees)

1.  Operator Gazociągów Przesyłowych GAZ-SYSTEM    Poland  

2.  McDonald's                                     Bulgaria

3.  Mars                                           Russia

4.  Lidl                                           Bulgaria

5.  DHL Express                                    Russia

6.  Provident                                      Hungary

7.  Lietuvos draudimas                             Lithuania

8.  Tele2                                          Russia

9.  Magyar Telekom                                 Hungary

Medium sized companies  (251 - 1000 local employees)

1.  Tenex                                          Russia  

2.  Microsoft                                      Russia

3.  Dom Kredytowy NOTUS                            Poland

4.  Microsoft                                      Czech Republic

5.  Hilti                                          Russia

6.  Grupa Pracuj                                   Poland

7.  Takeda                                         Russia

8.  Telefónica                                     Slovakia

9.  FGSZ Földgázszállító                           Hungary

10. Red Hat Czech                                  Czech Republic

Small sized companies  (< 250 local employees)

1. ANKOL                                           Poland

2.  JT International                               Czech Republic

3.  Philip Morris                                  Slovakia

4. Tavex                                           Bulgaria

5.  Kecskeméti TERMOSTAR Hőszolgáltató             Hungary

6.  Mars Sales                                     Hungary

7.  Roche                                          Slovakia

8. InterContinental Budapest                       Hungary

9.  Et netera                                      Czech Republic

10. Adform Group                                   Lithuania

About Aon Hewitt

Aon Hewitt is the global leader in human resource solutions.  The company partners with organisations 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 http://www.aonhewitt.com.


SOURCE Aon Hewitt

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists looked at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deliver...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
@DevOpsSummit at Cloud Expo taking place Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center, Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is ...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, Doug Vanderweide, an instructor at Linux Academy, discussed why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers wit...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...