Hewitt-Figyelő Best Employer Study 2005 Since 1997 ‘100 Best Companies to Work for in America’ - Hewitt and Fortune Magazine initiative Since 2001in.

Hewitt-Figyelő

Best Employer Study

2005

•Since 1997 ‘100 Best Companies to Work for in America’ - Hewitt and Fortune Magazine initiative

•Since 2001in Hungary in joint cooperation with Figyelő

•In 2002 Best Companies to work for studies done in Hungary, Germany, England, Austria and France

•Since 2003 European joint cooperation in Hungary with the support of the Ministry of Employment and Labor

History Of The Survey

Best Employers Study 2005

• 120 companies

• 33.690 employees

• The largest participation rate ever based on the variety of industries involved and company size

Basis of Ranking

Employee Engagement

SurveyHR Audit

Leadership Team Survey

Best Employers 2005

Critical Learnings

Top loyalty

Stagnation and slow attrition

Discrimination in the Hungarian workplaces

Focusing on talent and performance

Employee commitment index

Top Loyalty- Top Managers As Role Models?

89%

44%

Top management commitment index

“The Guilt” of the Top Management

• Top management “blindness”

• Living in the limelight of prestige

• Secondary line is in the background

Stagnation And Slow Attrition?

51%

47%45% 44%

4% 5%7% 8%

30%

35%

40%

45%

50%

55%

2002 2003 2004 20050%

5%

10%

15%

20%

25%

Elkötelezettség Lélekben felmondottakCommitment Resigned in Soul

In The Background…Loss of trust in top management

More optimistic employment opportunities

The neighbor’s garden is always greener

Fading corporate prospect

Discrimination In The Hungarian Workplaces

Every eighths employee states, that he/she or someone else has been discriminated at the workplace

Who are the victims?

• Women

• The lower educated

• The youngest age group and the old bones

• Multinational companies’ employees

My company CANNOT keep

its best employees33%

Focusing On Talent and Performance

Talent Scarcity Rankings

1, Sales,

Customer management

2, Manufacturing (technical manager, production manager foremen)

3, Top management, management

4, Information technology/IT

In Pursuit Of Performance – Pro’s and Con’s

• Most of the companies recognize good performance with a 1,5 times salary raise

• 3 out of 4 companies use a bonus system

• “My salary does not depend on my performance at all” 42%

• “My work is morally not appreciated” 17%

Best Employers Study 2005

Best Employers

Small and Medium-sized Companies

Category

I. Egri Vagyonkezelő és Távfűtő Részvénytársaság (Eger Fund Management and Heating PLC.)

II. Nextent Informatika Kft. (Nextent Informations Lim.)

III. Varpex Építőipari Rt. (Varpex Construction PLC.)

IV. AVAYA Magyarország Kft. (AVAYA Hungary Lim.)

V. Kürt Computer Rendszerház Rt. (Kürt Computer System House PLC.)

Best Employers

Large Companies

Category

I. GlaxoSmithKline Pharma (GSK)

II. MAVIR Magyar Villamosenergia Ipari Rendszerirányító Rt. (Hungarian Electricity Company)

III. Magyar Nemzeti Bank Rt. (National Bank of Hungary)

IV. Szerencsejáték Zrt. (State Gambling Company)

V. CIB Lízing Csoport (CIB Leasing Group)

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