7 Dec 2016 11:37am

Grant Thornton beats Big Four in employer awards

Grant Thornton has beaten off competition from the Big Four to secure 12th place in the Glassdoor Employees’ Choice Awards, which celebrate the best places to work in 2017

The mid-tier company was described as “a firm with a real sense of purpose” by employees and was the only accountancy firm to make it into the top 20 UK employers. The results are based solely on employee feedback.

PwC came in 24th place, down from 21st in 2016 and 10th in 2015.

Deloitte followed in 31st position, beating EY in 32nd position, down from 16th place in 2015.

KPMG was ranked 34th in Glassdoor’s ninth annual Employees’ Choice Awards.

Expedia secured the top spot for the second year in a row and is among only ten employers that have made this list for three consecutive years.

Diarmuid Russell, Glassdoor head of international said, “Company culture and the employee experience are critical considerations for job seekers everywhere when deciding where to work.

"The Glassdoor Employees’ Choice Awards are solely determined by the authentic voice of those who really know a company best - the people who work there. This really helps job seekers identify the Best Places to Work in the UK. Employers where employees love to work continue to prove that they have a recruiting and business performance edge."

Petra Wilton, director of strategy for the Chartered Management Institute, added, “Glassdoor’s best places to work awards not only reveals what makes an employer great to work for, but also what makes them highly productive organisations.

“CMI research shows that high growth is directly linked to high levels of trust in management who operate in open, transparent cultures. Setting the right work/life balance is also crucial, and our research shows that an ‘always-on’ expectation from leaders is a productivity killer.

"Employers need to invest in developing skilled management teams capable of keeping staff happy, motivated and productive.”

Recent polling from Grant Thornton and the Social Market Foundation (SMF) revealed only 65% of employees said they trust the company they work for, despite 89% believing that trust is important for job satisfaction.

Moreover, a further 89% of those surveyed said that feeling their contribution at work is valued was important for their job satisfaction. Only 66% said this was the case in their workplace.

The survey also found that only 61% of workers feel that their superiors listen to them, despite 86% admitting this was important for their job satisfaction.

Sacha Romanovitch, chief executive at Grant Thornton, said, “Business needs to move away from the command and control way of operating and enable their people to have their say and take responsibility in how their business operates."

She added, “Good governance is in the interest of investors, shareholders, consumers, suppliers and especially employees.

“We need to encourage innovative approaches and a change in corporate culture rather than ‘tick box’ compliance.”

The report followed the publication of the government’s Green Paper on corporate governance and the Taylor Review into modern employment practices in the UK.