Asia's leading human resources publication, HR Asia has announced the names of companies in Singapore judged to be the best workplaces by 5,300 employees across the country. A total of 19 companies made the grade this year, compared to 12 in 2014.
The winners of the award have been selected from among 150 nominees across 20 industry sectors, based on a stringent evaluation process that assesses the company's working environment, HR practices, employee engagement and the resulting job satisfaction. Surveys are administered to employees of all 150 nominees independently by HR Asia, via a proprietary online system that gauges the employees' emotional engagement, advocacy and motivation and intent.
“Many of the winning companies have workplace practices that are the best in the world, with employees enjoying job satisfaction and believing they are adding value to their companies and being appreciated for their contributions,” said William Ng, Group Publisher and Editor-in-Chief of Business Media International, the publisher of HR Asia.
“Companies that have a highly engaged workforce tend to be more profitable than companies that don't, and are more sustainable in the long run. The benefits associated with providing a world-class work environment, and in building an engaged workforce, far outweigh the costs of doing so,” Ng added.
“As Singapore continues to grow as a global city, talent retention becomes more important than ever. Having a conducive working environment is not enough, employers need to take extra steps to further engage their employees, and convert them from disconnected workers to engaged advocates of the company. Only then can a company secure its future by ensuring a solid, unshakeable talent and succession pipeline,” Ng explained.
The HR Asia Best Companies to Work For in Asia is awarded to companies in Singapore, Hong Kong and Malaysia, with surveys currently underway in mainland China, Taiwan, Thailand, Indonesia and the Philippines.
The Singapore winners of HR Asia's Best Companies to Work For in Asia (in alphabetical order) are as follows: