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
Annual report for the fiscal year from 1 July 2011 to ... - Ernst & Young
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36<br />
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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>