Page 13 - Full_BritainsTopEmployers_2018

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A shrewd investment in quality

Top Employer -certi ed global, with each participating company and talent acquisition. They are also able to
businesses not only attract completing the same set of questions use the Top Employer logo for marketing,
irrespective of their country of operation.
recruitment and other purposes for the year
the best sta – they also save Survey responses are carefully validated following certi cation.
money by holding on to them and companies must supply documentary Every participant’s HR needs are
evidence to back up their answers. individual, to satisfy their size, location
All participating companies receive and nature of business. Top Employer
his year, more than 1,400 feedback on their performance against certi cation is equally individual. The
T companies have taken part in the one another: against aggregated country, survey’s depth, breadth and response
rigorous process to achieve a continental and global performance weighting provide exibility to ensure that
coveted certi cation from the Top benchmarks. The global nature of the survey employers are recognised for being the best
Employers Institute, the global human helps participants align practices across the they can be, rather than for adhering to a
capital management research and world, while individual performance scores rigid set of pre-described behaviours.
certi cation company. identify the employee conditions in which Research has found that behaving
Organisations that embark on the Top they excel and the ones where they have an as a Top Employer pays o . Certi ed
Employer certi cation programme nd it opportunity to develop. companies enjoy a 25% lower-than-average
helps them de ne HR strategies and support For 2018, there has been a focus on absenteeism rate and 33% lower-than-
their employer brand, helping to attract leadership development, changing cultures average employee turnover. Workplaces lose
high-calib re candidates to their workforce. and workforce planning. an average £83 for each day an employee
In the past, companies as varied as Molson Survey questions are updated, ensuring is absent through illness, while the cost
Coors, Asda and Thomson Reuters have participants are assessed against the latest of replacing one employee is estimated at
attained certi cation – public recognition in HR innovation. Those whose HR practices £30,000. Applying these costs to average
that they are considered “best in class” when score above a de ned standard achieve Top Employer workforce sizes translates into
it comes to the employment experience and Top Employer status: a globally recognised potential annual cost savings of £750,000
development opportunities for employees. validation of commitment to HR excellence. from reduced absenteeism and £7m from
Each year, participating companies Certi ed companies use their reduced employee turnover. This serves as
complete the Top Employers HR best achievement to support internal employee- a nancial reminder of the value of strategic
practice survey : an objective, fact-based engagement initiatives and enhance their HR investment .
assessment of their HR operations, covering external employer brand; supporting
600 separate practices. The survey is partnerships, shareholder communications See over for the 2018 list of UK Top Employers

PAID FOR BY THE TOP
EMPLOYERS INSTITUTE

Certi ed companies
have a 33%
lower-than-average
PHOTOGRAPHY: GETTY employee

turnover rate

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