EcoWorld named 2016 ‘Best of the Best Employers’ by Aon Hewitt, TalentCorp

KUALA LUMPUR (Aug 25): Eco World Development Bhd was named the ‘Best of the Best Employers’ by global talent consultancy Aon Hewitt, at the Aon Best Employers — Malaysia 2016 awards.

Aon, in partnership with Talent Corp Malaysia Bhd (TalentCorp), announced the 10 best employers in Malaysia today, among which were EcoWorld, S P Setia Bhd and Sunway Building Materials Group.

“One of the most important pillars for us in EcoWorld is taking care of our time, talent and resources. Last time, we had a group human resources division, but it’s now known as group talent management.

“We set out a strategic roadmap to make sure the team is competitive, so there were various trainings we embarked on over the past three years. We put out an amazing leadership development programme, as well as a managerial development programme,” said EcoWorld president and chief executive officer Datuk Chang Khim Wah.

Chang added that the group also engages its staff informally, via music and sports activities, to further strengthen camaraderie between the team.

Meanwhile, S P Setia president and chief executive officer Datuk Khor Chap Jen shared that the group has gone through a very turbulent period over the past three years, which had forged strong bonds among its staff members.

“During times of crisis, all of the values we declared were tested to the limits. Thankfully, through the strong foundation laid over the years, we managed to pull through and became closer and emerged stronger,” said Khor.

S P Setia also won a special recognition award for Best Employer for Commitment to Engagement.

Other companies named in the top 10 were pharmaceutical research and development company AbbVie Sdn Bhd, American Express (Malaysia) Sdn Bhd, DHL Express, FedEx Express, OCBC Bank (Malaysia) Bhd, Starbucks Coffee Malaysia and Marriot International Malaysia.

The 10 companies were selected based on four criteria, namely high employee engagement, effective leadership, compelling employer brand and high performance culture.

“Last year was a difficult one for Malaysian companies, with both financial results and engagement levels taking a hit. While market average engagement scores have decreased from 60% in 2015 to 54% in 2016, engagement scores for Best Employer in Malaysia have risen from 83% to 87%.

“At the same time, Best Employers also achieved 33% higher revenue and 62% higher profit than the market average,” said Aon Hewitt Malaysia managing director Prashant Chadha, citing the consultancy’s 2016 survey.

Other findings from the study was that 81% of Gen Y employees at the 10 companies feel confident of their future in their organisation, and 86% of employees believe that the senior leadership treats them as a valued asset.

Meanwhile, 90% of employees said they would recommend their organisation to someone looking for a job, while 85% of managers of the 10 best employers said their organisations meet employee needs. — theedgemarkets.com

Not sure how much you will have to pay a month for your home? Check out our mortgage calculator here.