(Toronto – 13 April 2010) Building a workplace that puts the professional and personal needs of your people first is essential to business success, says EY, one of the Best Workplaces in Canada for 2010.
“With a significant demographic shift approaching and baby-boomers retiring, it’s becoming increasingly important for companies to attract and retain top talent and develop their leaders,” says Fiona Macfarlane, EY’s Managing Partner, People. “We’ve always appreciated the benefits of building a shared sense of belonging and putting the growth of our people at the forefront of our corporate culture.”
Macfarlane says that fostering a “people-first” culture attracts new talent, raises retention rates and performance levels, and builds commitment to the company’s success — all leading to better service for clients. Companies focused on creating inclusive environments where different perspectives and experiences are valued are at a competitive advantage today. Such a culture helps drive innovation and spark new solutions to old challenges, which is vital to thriving in the upturn.
“Regardless of economic circumstances, developing our people remains fundamental to our business strategy,” says Macfarlane. “To be successful and deliver the quality of services our clients expect, we need the right people. Without them, we can’t grow. We pride ourselves on our client service, but we can only do so by focusing on being the best place for people to build their careers.”
Here are some tips for creating a “best” workplace:
Nurture diversity and inclusiveness. EY has been recognized for its many initiatives, like an ethnic diversity task force, a gender equity advisory group and networking groups for women and lesbian, gay, bisexual and transgender employees and their allies.
Develop your people. EYU is EY’s global development program, which provides a framework for helping people get the right learning, experiences and coaching to accelerate and maximize their career development.
Encourage volunteering. Community engagement is good for everyone involved; the community benefits, and volunteers develop essential business skills such as leadership and communication.
Be flexible. EY’s people can work flexibly to pursue their own personal and professional commitments. They are also equipped with technology to enable them to work seamlessly from home.
Communicate. An open-door policy, frequent messages from leadership, recognition, teaching, coaching and mentoring all play a pivotal role in creating and maintaining a people-first culture.
EY has also been recognized for a number of other awards, including:
EY is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 144,000 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 to achieve their potential. For more information, please visit ey.com/ca.