Why finance industry bosses are the best in Canada

The sector leads annual employer rankings

Why finance industry bosses are the best in Canada
Steve Randall
Professionals in banking and financial services have given their firms a ‘thumbs up’ in an annual poll of Canada’s top places to work.

The sector has the highest number of employers in the Aon Best Employers in Canada rankings which asked more than 700,000 employees for their views on their employers. The best were selected from around 500 organizations.
Finance firms making the top 1% for their size, recognised for employee engagement especially by managing through change, include:

Addenda Capital, ATB Financial, BlueShore Financial, Canadian Apartment Property Real Estate Investment Trust, Equitable Bank, Farm Credit, Intact Financial Corp., Kawartha Credit Union, Libro Credit Union, and Meridian Credit Union.

Aon partner Todd Mathers says almost all of the organizations surveyed are facing some kind of disruption, usually driven by technology.

“The pressure that we’ve been seeing is that the advancement of technology – and related changes in how work is done in organizations – are creating an environment of increasing uncertainty for employees, many of whom need to work in different ways while at the same time delivering expected results,” Mathers said.

He explained that the very best employers are enabling employees to manage changes by equipping them with effective work processes, people resources, information, and tools and technology.

“Not only do Best Employers do a better job enabling their employees, but they are also more effective in supporting employees through technology and work process changes,” he said.

The quality of senior leadership, managing performance and recognition were all important factors in the top-level rankings. Learning and development and future career opportunities were also significantly more effective in the ‘Platinum’ category.

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