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
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus o...
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th 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 no time to wait for long developm...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.