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By Monicah Muema
Kenya Women Finance Trust (KWFT) and logistics company Deutsche Post (DHL) have been ranked the best companies to work for in Kenya, a statewide survey by audit firm, Deloitte has shown.
The two firms were graded at positions one in the categories of large companies (employing over 500 staff) and medium sized companies (with less than 500 employees) respectively.
The annual Deloitte Best Company to Work for (BCTWF) report also found that insurance firms CIC Group and ICEA LION Group as well as liquor maker, East African Breweries Limited (EABL) and Capital Markets Authority (CMA) were other top employers in the country having achieved the 3.7 mark out of 5.0 in the standard of excellence ratings.
The local rankings were credited to ten modifications in the areas of operational effectiveness, adoption of information technology (IT), overall job satisfaction and remuneration, performance and recognition, relationship with managers, fairness and equity, culture as well as inclusion at work place.
Of the 163 Kenyan companies surveyed on talent challenges, 93 per cent ranked organizational design as a worry, a similar concern raised by most global firms, the study said.
Speaking during the survey release, Rodger George, advisory leader at Deloitte EA said the study aims to identify and celebrate the best companies to work for across Kenya as rated by their employees.
“Business leaders have no option but to radically evolve their organizations with a series of new disruptions like use of social media space and inclusion of millennials whose demands can no longer be overlooked,” he said.
The report comes at a time when most companies in Kenya continue to grapple diverse challenges including financial strains, rundown working environment which are pushing several organizations out of business while others are downscaling to stay afloat.
With unemployment holding steady, competition to snag skilled job seekers is becoming fierce and companies are feeling the pressure to offer strongest opportunities.
MKOPA’s Chief Human Resources officer, Samuel Kariuki advices companies to embrace new mode of communication and impressive mechanisms to boost staff morale at work places and if they are to be attractive outfits for new crop of young people that are tech savvy.
“Salary reviews and employees’ bonuses are some of the incentives companies should consider to attract these individuals, lack of these factors is hindering Human Capital for most firms,” Kariuki said.
“Companies that took part in the survey stand a chance to gain insights into the reported employment priorities and their experiences, serving as the basis to optimize overall employment experience that enhance a company’s performance and status as a recognised employer of choice,” said Debbie Hollis, Human Capital Senior Manager at Deloitte East Africa.
Deloitte 2016 Rankings
Large Companies Category
-KWFT ranked no: 1
-CIC Group 2nd Runners Up
-EABL 1st Runners Up
Medium Size Companies
-DHL Logistics ranked no: 1
-CMA 2nd Runners Up
-ICEA LION Group 1st Runners Up