Aon Announces Seven Best Employers in Singapore for 2016

SINGAPORE, September 1, 2016: Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), has named seven organisations as Aon Best Employers -- Singapore 2016.
In this year's challenging business environment, CEOs continue to identify rising salaries and critical skills shortage as their top people risks in the market. This year, poor availability and selection of talent also arose as a top three people risk.
What are the top three drivers for employee engagement in Singapore?
Best Employers achieve 27 points higher engagement scores than the market average by standing out in these three areas:
1. Career opportunities: Employees at Best Employers are 1.3 times more likely to feel their organisations offer excellent career opportunities compared to other strong performers in the market and industry.
2. Senior leadership: Employees at Best Employers are 1.2 times more likely to feel that senior leadership treats them as the organisation's most valuable asset.
3. Rewards and recognition: Employees at Best Employers are 1.3 times more likely to feel well-recognised and rewarded (beyond pay and benefits) for their efforts.
How do Best Employers lead the way?
• High Employee Engagement
o Best Employers achieve engagement scores of 80% (market average, 63%).
o 78% of Gen Y employees at Best Employers feel confident of their future career opportunities in their organisation (market average, 55%).
• Effective Leadership
o Best Employers develop engaging leaders, with 100% of Best Employer organisations providing effective feedback on how leadership styles influence the team (market average, 68%)
o 86% of Best Employers have formal mentoring programmes to develop an effective leadership pipeline (market average, 54%).
• Compelling Employer Brand
o 80% of employees at Best Employers believe their organisation delivers on its promises (market average, 61%).
o Best Employers have great ambassadors, with 84% of employees saying they would recommend the organisation to someone looking for a job (market average, 65%)
• High Performance Culture
o 86% of Best Employers integrate promotion-linked goals into performance management (market average, 54%).
o 71% of Best Employers hold their managers accountable for their team' engagement levels by linking managers' performance ratings with employee engagement levels