Aon Best Employers in Singapore lead the way with a 20-point higher employee engagement score than the market average.

SINGAPORE - Media OutReach^[1] - August 14, 2018 - Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement, and health solutions, has named seven organisations as Best Employers Singapore 2018.

Aon Best Employers Singapore 2018

Aon Best Employers achieved an engagement score of 81%, compared to a market average of 61%. They also scored 20 points higher than market average across the Best Employer indices of employer brand, effective leadership, and high-performance culture.

According to Aon research, a 5% increase in employee engagement is linked to a 3% increase in revenue growth in the subsequent year.

In an uncertain business environment where 87% of Singapore organisations are undergoing digital transformation, Best Employers inspire their employees with a compelling vision. 83% of employees in Best Employer organisations agree that their senior leadership provide them a clear direction for the future (22 points higher than the market average).

In addition, Best Employers have a total rewards strategy in place that focuses not just on pay but learning and career development opportunities as well. 76% of Best Employer employees feel that they receive appropriate recognition for their contributions (21 points higher than market average).

The Aon Best Employers in Singapore for 2018 are:

In addition, five organisations received special recognition:

DBS Bank was also recognised as Regional Best Employer 2018 for Asia Pacific, after being named Aon Best Employer in India earlier.

Vikas Verma, Director, Talent, Rewards and Performance, Aon Singapore, said: "As the business environment gets challenging and the talent more discerning, organisations in Singapore must shift gears from providing career progression to career experiences. While what this means to each company is different, Best Employers have done well to identify their top engagement drivers and create a fit-for-purpose employee experience that maximises potential."

Na Boon Chong, Managing Director and Partner, Talent, Rewards and Performance, Aon Singapore, added: "To thrive in this age of disruption, Best Employer organisations nurture an agile workforce that quickly moves from old jobs to new ones as they are created. An agile workforce must be supported by agile HR that delivers services based on reduced time-to-market, increased collaboration, regular reflection, and course correction based on evidence collected continuously during the entire employee lifecycle. Best Employers know that today's best practices may not be tomorrow's, and are always looking to ensure their HR remains relevant and responsive to the changing culture and work-styles of their organisations."

About the Aon Best Employers programme

Aon Best Employers is a flagship programme, designed to improve employee engagement, leadership effectiveness, employer brand, and culture to drive high performance. It is the most credible and comprehensive study of its kind in Asia Pacific and Middle East. The study leverages on Aon's professional 3-tier assessment tools and includes participants from a variety of industries--including finance, F&B, hospitality, pharmaceutical, and more.Now in its 18^th year, the Aon Best Employers programme runs across 10 markets in the region: Australia, China, India, Japan, Malaysia, Middle East, New Zealand, Philippines, Singapore, and Thailand.

For further information about the Aon Best Employers programme, visit: apac.aonhewitt.com/bestemployersasia^[2]

About Aon

Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

For further information on our capabilities and to learn how we empower results for clients, please visit https://apac.aonhewitt.com^[3]

References

1. ^{^} Media OutReach (www.media-outreach.com)
2. ^{^} apac.aonhewitt.com/bestemployersasia (apac.aonhewitt.com)
3. ^{^} https://apac.aonhewitt.com (apac.aonhewitt.com)