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

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2 pages
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Organisations in Central and Eastern Europe with High Employee Engagement Are Achieving Better Business Results, Says Aon Hewitt PR Newswire SOFIA, Bulgaria, December 3, 2012 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.

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Organisations in Central and Eastern Europe with High Employee Engagement Are Achieving Better Business Results, Says Aon Hewitt
PR Newswire SOFIA, Bulgaria, December 3, 2012
SOFIA, Bulgaria,December 3, 2012/PRNewswire/ --
Aon Hewitt, the human resource solutions business of Aon plc (NYSE: AON) has announced the results of its annualBest Employersstudyfor the Central & Eastern Europe (CEE) region. The top regionalBest Employersby 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, CEEBest Employerscompanies:
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 Employersstudy2012 - 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, inclu ding 41,000 managers 4. More than 2,600 senior leaders 5. 29Best 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 engagem ent in the region is in Bulgaria (67%), and the lowest in Poland (48%). AtBest Employercompanies, 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 setBest Employersapart. Magdalena Warzybok, CEE Engagement Practice Director at Aon Hewitt, said:
"Best Employersstand 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 theBest Employersstudy. 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 RegionalBest Employers
Large sized companies(>1000 local employees)
1.Poland Operator Gazociągów Przesyłowych GAZ-SYSTEM
2. McDonald's Bulgaria
3.Russia Mars
4. Lidl Bulgaria
5.Russia DHL Express
6.Hungary Provident
7. Lietuvos draudimas Lithuania
8. Tele2 Russia
9.Hungary Magyar Telekom
Medium sized companies(251 - 1000 local employees)
1.Russia Tenex
2. Microsoft Russia
3. Dom Kredytowy NOTUS Poland
4.Czech Republic Microsoft
5.Russia Hilti
6.Poland Grupa Pracuj
7. Takeda Russia
8. Telefónica Slovakia
9. FGSZ Földgázszállító Hungary
10.Czech RepublicRed Hat Czech
Small sized companies(< 250 local employees)
1.ANKOL Poland
2. JT International Czech Republic
3.Slovakia Philip Morris
4.Tavex Bulgaria
5.Hungary Kecskeméti TERMOSTAR Hőszolgáltató
6. Mars Sales Hungary
7. Roche Slovakia
8.HungaryInterContinental Budapest
9.Czech Republic Et netera
10.Adform Group Lithuania
About Aon Hewitt
Aon Hewittis 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 HewittFor moremakes the world a better place to work for clients and their employees. information onAon Hewitt, please visithttp://www.aonhewitt.com.
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