Business success depends on attracting and retaining the best people: Ernst &
Firm named one of World's Best Multinational Workplaces
TORONTO, Nov. 14, 2012 /CNW/ - Known around the globe for its leading people
culture, Ernst & Young was named one of the 25 World's Best Multinational
Workplaces in 2012 by Great Place to Work(®).
"In Canada — and around the world — we continually strive to ensure Ernst
& Young is the place the best people want to work, and where we all feel proud
to work," says Stephen Shea, People Leader at Ernst & Young in Canada. "We
believe that if we attract, retain and invest in the best people, we will
deliver exceptional results for our clients. We're very humbled to be
recognized with this award for our commitment to that philosophy."
A new Ernst & Young report released this week backs up the firm's belief about
investing in people. Paradigm shift: building a new talent management model to
boost growth finds that investment in talent boots the bottom line.
"Our study finds that achieving superior financial results on a sustainable
basis depends on making the right investments in talent," says Shea. "Yet it
is clear that many companies remain reluctant to make that commitment. Even
among high-performing organizations in our survey, just 45% say their company
is effective at investing adequately in talent management to meet financial
targets; among low performers, this proportion falls to 36%."
Moreover, the report finds that companies around the globe are facing a
scarcity of talent, which is quickly turning out to be the single biggest
obstacle to growth. Globally, companies are having trouble filling critical
positions — roles in which they need people with the advanced skills
essential to move the business forward.
"Organizations really need to actively work to shape and nurture their
people," urges Shea. "Their bottom line depends on it."
About World's Best Multinational Workplaces
The second annual World's Best Multinational Workplaces list ranks the top 25
global companies to work for. Qualifying companies must have appeared on at
least five national Great Place to Work(® )lists, have at least 5,000
employees worldwide, and at least 40% of their global workforce must work
outside the company's home country.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory
services. Worldwide, our 167,000 people are united by our shared values and an
unwavering commitment to quality. We make a difference by helping our people,
our clients and our wider communities achieve their potential.
In 2012, Ernst & Young appeared on national Great Place to Work(®) lists in
Canada, the US, the UK, Australia, India and Mexico.
For more information, please visit ey.com/ca.
Ernst & Young refers to the global organization of member firms of Ernst &
Young Global Limited, each of which is a separate legal entity. Ernst & Young
Global Limited, a UK company limited by guarantee, does not provide services
Erika Bennett 416 943 5497 firstname.lastname@example.org Julie Fournier 514 874
4308 email@example.com Sarah Shields 604 648 3607
SOURCE: Ernst & Young
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-0- Nov/14/2012 13:30 GMT
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