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Annual report for the fiscal year from 1 July 2011 to 30 June 2012

Annual report for the fiscal year from 1 July 2011 to ... - Ernst & Young

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36<br />

-<br />

Workplace<br />

People are <strong>the</strong> priority<br />

We are only as good as our people. This<br />

simple insight has a huge impact on<br />

recruitment, training and fur<strong>the</strong>r education<br />

of all employees as well as <strong>the</strong> personal<br />

development support we offer each<br />

individual. Ernst & Young Switzerland<br />

sees itself as both an employer and a<br />

center <strong>for</strong> education where knowledge<br />

and innovation are <strong>the</strong> critical fac<strong>to</strong>rs <strong>for</strong><br />

success. We offer a broad-based and<br />

transparent feedback system and strive <strong>to</strong><br />

pay special attention <strong>to</strong> each employee’s<br />

individual needs, particularly when it<br />

comes <strong>to</strong> determining <strong>the</strong>ir working time<br />

arrangements. We strongly support our<br />

employees, but we also expect a lot of<br />

<strong>the</strong>m. Willingness <strong>to</strong> go <strong>the</strong> extra mile is<br />

embedded in our corporate culture.<br />

It is <strong>the</strong> people who make our company unmistakable. They<br />

are at <strong>the</strong> heart of Ernst & Young, core assets <strong>for</strong> our<br />

organization. That is why we nurture <strong>the</strong> professional and<br />

personal development of each and every employee. In<br />

light of this, we view our personnel policies as sustainable<br />

in a number of ways. We invest a lot of time and know-how<br />

<strong>to</strong> recruit <strong>the</strong> “right” people, i.e., <strong>the</strong> future colleagues<br />

who will fit in well at Ernst & Young. Both sides are expected<br />

<strong>to</strong> present <strong>the</strong>ir goals openly and clearly during <strong>the</strong> hiring<br />

process. This transparency is essential <strong>for</strong> <strong>the</strong> kind of<br />

win-win decision-making that benefits <strong>the</strong> company and<br />

<strong>the</strong> employee – sustainably. We consider our role <strong>to</strong> be<br />

more than just that of employer, with all <strong>the</strong> associated<br />

rights and responsibilities. We also serve as a center <strong>for</strong><br />

education. It is not a coincidence that so many employees<br />

use Ernst & Young and its educational opportunities as<br />

an ideal springboard <strong>for</strong> <strong>the</strong>ir fur<strong>the</strong>r career development.<br />

Putting knowledge and potential <strong>to</strong> use<br />

Calling ourselves a “knowledge company” may sound <strong>to</strong>o<br />

much like standardization, with connotations that do not<br />

truly express our organization’s reality. In fact, diversity<br />

of tasks and teamwork play a key role at Ernst & Young.<br />

Group interaction leads <strong>to</strong> better, more comprehensive<br />

solutions. And teamwork offers ano<strong>the</strong>r equally important<br />

advantage: it is <strong>the</strong> only way <strong>to</strong> retain, develop and above<br />

all provide <strong>for</strong> <strong>the</strong> transfer of new knowledge. Knowledge<br />

is our most valuable resource and our greatest asset.<br />

At <strong>the</strong> same time, we support and encourage our<br />

employees <strong>to</strong> tap in<strong>to</strong> <strong>the</strong>ir personal potential and help<br />

o<strong>the</strong>rs do <strong>the</strong> same. Yet our focus is not inward. Our<br />

commitment <strong>to</strong> knowledge-sharing is part of our ef<strong>for</strong>ts <strong>to</strong><br />

continuously improve services <strong>for</strong> our clients. It is important<br />

<strong>to</strong> us that all our employees make a contribution <strong>to</strong><br />

benefit our clients, irrespective of function and rank.<br />

From day one, everyone who works at Ernst & Young<br />

is asked <strong>to</strong> express <strong>the</strong>ir own opinion and <strong>to</strong> respect <strong>the</strong><br />

viewpoints of o<strong>the</strong>rs. The annual People Survey offers everyone<br />

<strong>the</strong> opportunity <strong>to</strong> comment on <strong>the</strong> categories quality,<br />

leadership, loyalty, career development, fur<strong>the</strong>r development,<br />

and living our values. The results of <strong>the</strong> survey are<br />

carefully analyzed each <strong>year</strong>, allowing us <strong>to</strong> pinpoint our<br />

strengths and identify areas with potential <strong>for</strong> improvement.<br />

We <strong>for</strong>m focus groups <strong>to</strong> help us define where we need <strong>to</strong><br />

take action, suggest suitable measures <strong>for</strong> improvement<br />

and follow through on <strong>the</strong>m. The survey feedback revealed,<br />

<strong>for</strong> example, that employees working at certain ranks<br />

were not satisfied with <strong>the</strong>ir salaries. This led in <strong>the</strong> end<br />

<strong>to</strong> an adjustment of <strong>the</strong> salaries at <strong>the</strong>se levels.<br />

Each <strong>year</strong>’s survey results are also incorporated in<strong>to</strong> <strong>the</strong><br />

goals set by Ernst & Young’s leaders. In addition <strong>to</strong> <strong>the</strong><br />

survey, <strong>the</strong>re are o<strong>the</strong>r internal communication plat<strong>for</strong>ms<br />

<strong>for</strong> employees. The intranet, Daily News and CEO Info<br />

are channels frequently used <strong>to</strong> communicate corporate<br />

policies and make <strong>the</strong>m transparent.<br />

The demands at Ernst & Young are high. We expect our<br />

teams <strong>to</strong> demonstrate above-average dedication. At <strong>the</strong> same<br />

time, we understand that heavy workloads can only be managed<br />

successfully if people are able <strong>to</strong> consider <strong>the</strong>ir needs<br />

outside of work. We want our employees <strong>to</strong> strike <strong>the</strong> right<br />

balance between <strong>the</strong>ir own requirements and those of<br />

<strong>the</strong>ir employer and clients. In recent <strong>year</strong>s, <strong>the</strong>re has been<br />

a huge shift in people’s expectations about quality of life.<br />

<strong>Annual</strong> <strong>report</strong> <strong>2012</strong>

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