Home > News > 2010 > May 2010 > Best Companies Accreditation 2010
Best Companies Accreditation 2010
We are delighted to receive “one star” status in our first year of entering the Best Companies to Work for Survey. This puts us in the top 40% of those Companies entering the survey.
Carol Gilbert, Head of HR comments “It is very pleasing to receive a one star status. This indicates a good level of employee engagement but also gives Barnett Waddingham more to aim for in future years”.
Despite a turbulent and challenging year, the 2010 Best Companies to Work For survey shows that staff engagement is still high on the agenda for UK organisations – and that an employee’s relationship with their line managers has become more important in keeping them engaged and motivated than more senior leadership.
What is Best Companies?
Best Companies established the accreditation award scheme to acknowledge excellence in the workplace. Based on staff feedback, it looks at employee engagement as an integral part of a company’s success and growth, and sets a benchmark for other employers. The accreditation scheme follows a Michelin star style system with companies awarded one star for first class, two stars for outstanding and three stars for extraordinary performance.
The survey of over 270,000 employees reveals that overall engagement among participating organisations is down slightly from 2009, from 70.9 per cent to 69.3 per cent.
A record 1,086 organisations from the private and public sectors applied for Best Companies Accreditation this year, showing how high a priority staff engagement is. Of these, 410 achieved star status.
Jonathan Austin, CEO and founder, Best Companies comments:
“An engaged workforce is essential as organisations move out of the recession and into a more stable economic situation. No doubt many organisations have tackled redundancies and rapid change this year. But only those that have kept on engaging their staff and making sure they are involved in the business will be in a good position for the future. Those that have ignored this and lost the trust and goodwill of their staff will find the recovery more difficult. In fact, they may never win back the faith of their employees. The companies that have achieved accreditation are among the best employers, and are to be congratulated.
This year’s survey also underlines the important role managers have in keeping their team productive and motivated. For the first time in the ten years of our research, employees have cited their own manager as a more important factor in their engagement than the leader and senior management.”
To find out more about the accreditation please visit www.bestcompanies.co.uk
Jonathan Austin, CEO and founder of Best Companies (left) presents Craig Stansfield of Barnett Waddingham with their one star accreditation.
