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17 Nov 2015 04:35pm

Deloitte and EY business services are best employers

Only two of the Big Four consultancy practices have made it into the Financial Times and Glassdoor’s inaugural Best Places to Work in finance and consulting top 30

Deloitte and EY’s business services practices were ranked 13th and 21st respectively in the best employers list. No other accountancy firm made an appearance.

Interestingly, the first six spots were held by well-known consultants including Bain & Co and McKinseys. Top employer was Peninsular Business Services, which, according to the FT, offered sound management, strong benefits, great career development and training opportunities. The consultancy had also made great efforts to make the workplace “fun and rewarding”.

The highest placed employer from the financial services industry was GE Capital which the FT said stood out for “its focus on the individual priorities and ambitions of each of its employees”.

 “It also scored highly among its current and former employees for its focus on bringing inclusivity and diversity to the workplace.”

California-based Glassdoor is one of the fastest growing jobs and recruitment portals and has a data base holding information about some eight million companies provided by employees.

Analysis of the data base, says Glassdoor’s chief economist Andrew Chamberlain, shows that employee satisfaction improves company value over time.

He pointed out that if investors had purchased shares in Glassdoor’s 50 Best Places to Work in 2009 and held them until the end of 2014, they would have outperformed the S&P 500 by 115.6%.

In contrast, those companies that were ranked low down the scale have “significantly underperformed”.

Julia Irvine

 

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