Johannesburg – Results from the 2010 Deloitte Best Company to Work For Survey, out on Wednesday, found fast-food chain McDonald's to be South Africa's most desirable employer as voted for by its employees.
McDonald's SA won the large company category, with 2 500 full-time employees, Flight Centre took the gong in the medium company category (301-2 500 full-time employees) and Microsoft was awarded top honours in the small company category, containing 300 full-time employees.
The survey sees employees rate their employers across 13 dimensions including leadership, transformation, communication, rewards and management style.
"These organisations tend to score consistently well despite prevailing economic conditions," said David Conradie, director of human capital at Deloitte.
Since 2008, the survey was extended to include participants from the SADC region. This year, the Ohlthaver & List group of companies, Namibia's largest holding company, was ranked the second in the large company category.
"While the foundations of a positive employment experience remain the same, negative economic conditions have undoubtedly had an impact on overall levels of employee morale and engagement," said Conradie. "This decline was in evidence across the board – regardless of size of business."
Financial services and consumer business sectors were especially impacted while the IT and the manufacturing sectors were both relatively unscathed, according to Deloitte.
Conradie noted that findings showed that employers were aware of prevailing employee sentiment and many were taking steps to address this.
According to Deloitte, reward and remuneration was an area of high concern to employees in 2010. While South Africa has officially pulled out of recession, the recovery has been uneven with some sectors struggling and others performing well.
Conradie believes that it is this lack of uniformity and inevitable comparisons that lead to rising levels of employee discontent regarding this critical aspect of their employment.
"This coupled with high executive pay increases and poor communication creates a negative undercurrent within organisations," he said.
The survey also acknowledged the companies who emerged as the best employer in their sector. The industry category winners for 2010 included:
Business and professional services: Izazi Solutions
Chemical and pharmaceutical: Eli Lilly
Consumer business: McDonald's SA
Financial services - general: Strate
Financial services - insurance : Hollard Insurance Company
Information technology: Microsoft
Manufacturing: Robor
Tourism and leisure: Flight Centre Limited.
McDonald's SA won the large company category, with 2 500 full-time employees, Flight Centre took the gong in the medium company category (301-2 500 full-time employees) and Microsoft was awarded top honours in the small company category, containing 300 full-time employees.
The survey sees employees rate their employers across 13 dimensions including leadership, transformation, communication, rewards and management style.
"These organisations tend to score consistently well despite prevailing economic conditions," said David Conradie, director of human capital at Deloitte.
Since 2008, the survey was extended to include participants from the SADC region. This year, the Ohlthaver & List group of companies, Namibia's largest holding company, was ranked the second in the large company category.
"While the foundations of a positive employment experience remain the same, negative economic conditions have undoubtedly had an impact on overall levels of employee morale and engagement," said Conradie. "This decline was in evidence across the board – regardless of size of business."
Financial services and consumer business sectors were especially impacted while the IT and the manufacturing sectors were both relatively unscathed, according to Deloitte.
Conradie noted that findings showed that employers were aware of prevailing employee sentiment and many were taking steps to address this.
According to Deloitte, reward and remuneration was an area of high concern to employees in 2010. While South Africa has officially pulled out of recession, the recovery has been uneven with some sectors struggling and others performing well.
Conradie believes that it is this lack of uniformity and inevitable comparisons that lead to rising levels of employee discontent regarding this critical aspect of their employment.
"This coupled with high executive pay increases and poor communication creates a negative undercurrent within organisations," he said.
The survey also acknowledged the companies who emerged as the best employer in their sector. The industry category winners for 2010 included:
Business and professional services: Izazi Solutions
Chemical and pharmaceutical: Eli Lilly
Consumer business: McDonald's SA
Financial services - general: Strate
Financial services - insurance : Hollard Insurance Company
Information technology: Microsoft
Manufacturing: Robor
Tourism and leisure: Flight Centre Limited.