• Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

All data is delayed
Loading...
See More

SA health insurer rated top employer

Mar 01 2011 11:41
I-Net Bridge

Company Data

Sanlam Limited [JSE:SLM]

Last traded 65
Change 1
% Change 2
Cumulative volume 7402657
Market cap 0

Last Updated: 27-05-2016 at 05:07. Prices are delayed by 15 minutes. Source: McGregor BFA

OLD MUTUAL PLC [JSE:OML]

Last traded 41
Change 0
% Change 1
Cumulative volume 6032516
Market cap 0

Last Updated: 27-05-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Johannesburg - An international survey that measures employees' happiness levels at work has rated one of South Africa's biggest health insurers as a top employer that meets its strict criteria for ensuring staff contentment.

Metropolitan Health Group, a subsidiary of MMI Holdings Limited (MMI), the newly merged Metropolitan and Momentum entity, has joined a handful of companies worldwide as one of the best places to work, according to the UK-based organisation, Investors in People (IiP).

IiP is an internationally recognised standard of good practice and a quality award for those organisations that can meet its strict criteria. In South Africa about 800 companies have used IiP as a business tool to improve staff retention, open communication and assist with change management.

Cosette van Aswegen, managing director of IiP South Africa, said the interview- based survey had assessed the employee experiences and feelings towards the company and management of Metropolitan Health Group staff at every level.

"What this means is that employees feel they are listened to, their input taken seriously and they in turn are willing to go the extra mile to ensure the company comes over well and makes a good impression on clients," she said.

According to van Aswegen the benefits of attaining IiP status is a skilled and motivated workforce who, through their productivity, make the business profitable giving it a competitive advantage.

IiP approved businesses also have improved staff retention, resulting in more skilled staff. Communication in these businesses is good enabling them to manage change effectively. At the end of the line the customer is the biggest beneficiary, as employees understand their product and provide more efficient and valued service.

The results of the survey have positioned Metropolitan Health Group among a handful of major corporations worldwide that have been highlighted by IiP as the top global employers. Blum Khan, CEO of Metropolitan Health Group said he was "enormously proud" of this achievement.

"This is not the end of our IiP journey. We need to actively maintain and improve our standards with specific focus on the recommendations made by the IiP assessors in their final report. Over the next four weeks we will get the ball rolling again," he said this week.

The merger of the two companies means MMI Holdings is now the third-largest life insurer after Old Mutual [JSE:OML]and Sanlam [JSE:SLM], with an embedded value of R30bn, 15 500 staff and total assets under management of R400bn.

mmi holdings  |  sanlam  |  old mutual  |  insurance industry

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...