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Hewitt-Figyelő Best Employer Study 2005. History Of The Survey. Since 1997 ‘ 100 Best Companies to Work for in America ’ - Hewitt and Fortune Magazine initiative Since 2001 in Hungary in joint cooperation with Figyelő
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Hewitt-Figyelő Best Employer Study 2005
History Of The Survey • Since 1997 ‘100 Best Companies to Work for in America’ - Hewitt and Fortune Magazine initiative • Since 2001in Hungary in joint cooperation with Figyelő • In 2002 Best Companies to work for studies done in Hungary, Germany, England, Austria and France • Since 2003 European joint cooperation in Hungary with the support of the Ministry of Employment and Labor
Best Employers Study 2005 • 120 companies • 33.690 employees • The largest participation rate ever based on the variety of industries involved and company size
Best Employers 2005 Basis of Ranking HR Audit Employee EngagementSurvey Leadership Team Survey
Critical Learnings Top loyalty Stagnation and slow attrition Discrimination in the Hungarian workplaces Focusing on talent and performance
Top Loyalty- Top Managers As Role Models? Employee commitment index 89% Top management commitment index 44%
“The Guilt” of the Top Management • Top management “blindness” • Living in the limelight of prestige • Secondary line is in the background
Stagnation And Slow Attrition? Commitment Resigned in Soul
In The Background… Loss of trust in top management Fading corporate prospect More optimistic employment opportunities The neighbor’s garden is always greener
Discrimination In The Hungarian Workplaces Everyeighths employeestates, that he/she or someone else has been discriminated at the workplace • Who are the victims? • Women • The lower educated • The youngest age group and the old bones • Multinational companies’ employees
Focusing On Talent and Performance 33% My company CANNOT keep its best employees
Talent Scarcity Rankings 1, Sales, Customer management 2, Manufacturing (technical manager, production managerforemen) 3, Top management, management 4, Information technology/IT
In Pursuit Of Performance – Pro’sand Con’s • Most of the companies recognize good performance with a 1,5 times salary raise • 3 out of 4 companiesuse a bonus system • “My salary does not depend on my performance at all” 42% • “My work is morally not appreciated”17%
Best Employers Small and Medium-sized Companies Category
Egri Vagyonkezelő és Távfűtő Részvénytársaság (Eger Fund Management and Heating PLC.) • Nextent Informatika Kft. (Nextent Informations Lim.) • Varpex Építőipari Rt. (Varpex Construction PLC.) • AVAYA Magyarország Kft. (AVAYA Hungary Lim.) • Kürt Computer Rendszerház Rt. (Kürt Computer System House PLC.)
Best Employers Large Companies Category
I. GlaxoSmithKline Pharma (GSK) II. MAVIR Magyar Villamosenergia Ipari Rendszerirányító Rt. (Hungarian Electricity Company) III. Magyar Nemzeti Bank Rt. (National Bank of Hungary) IV. Szerencsejáték Zrt. (State Gambling Company) V. CIB Lízing Csoport (CIB Leasing Group)