Business success depends on attracting and retaining the best people: Ernst & Young

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 
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 
to clients. 
Erika Bennett 416 943 5497  Julie Fournier 514 874 
4308  Sarah Shields 604 648 3607 
SOURCE: Ernst & Young 
To view this news release in HTML formatting, please use the following URL: 
CO: Ernst & Young
ST: Ontario
-0- Nov/14/2012 13:30 GMT
Press spacebar to pause and continue. Press esc to stop.