HR Professional - June/July 2008 - (Page 32)

FEATURE ELEMENTS TO GOOD GOVERNANCE HEWITT’S 2008 BEST EMPLOYERS IN CANADA SURVEY SUGGESTS ORGANIZATIONS WITH HIGHER EMPLOYEE ENGAGEMENT ARE MORE SUCCESSFUL IN IMPLEMENTING THE PEOPLE-RELATED ASPECTS OF GOOD CORPORATE GOVERNANCE. 1. Communicating corporate values Leading organizations repeat their value statement on their website’s career section, company intranet and other employee communications materials so employees and employer are clear about organizational values. Best employers relate everything back to their values to reinforce how upholding the organization’s values help them run a more successful enterprise. 2. Ethical standards and reporting education Best employers provide training on their code of conduct and ethics, and include scenarios illustrating expected standards of behaviour. More than a one night stand Introducing the extended-stay program at Toronto's premier luxury hotel Why settle for limited-service furnished apartments? Live in the ultra-hip SoHo Metropolitan for months on end and enjoy 24/7 hotel services with added comforts geared towards extended stays. Features like a 6-appliance kitchen, stocked fridge, in-suite laundry, and a fullyequipped ofﬁce, now within a budget consistent with long-term visits. • When leaders were asked if the leadership team made decisions that were consistent with the organization’s values, 72 per cent at low engagement employers agreed compared to 93 per cent at best employer organizations. INTEGRITY/ETHICS The 2008 survey gauged the degree to which co-workers, managers and senior leaders displayed integrity and ethical conduct. • Eighty per cent of employees at best employers believed their coworkers displayed integrity and acted ethically compared to 68 per cent at moderate and 61 per cent at low engagement employers. • All leaders were positive about the ethical conduct of their employees and co-workers, with 93 per cent of best employers and 83 per cent of low engagement organization leaders expressing the same sentiment. • Most telling was the difference in employee opinion with respect to the integrity of senior leaders. At low engagement organizations, only 49 per cent of employees agreed or strongly agreed that leaders displayed ethical conduct; 82 per cent did so at the best employers. Not surprisingly, the difference was much smaller when leaders were asked the same question. Reporting structure This measures the degree to which employees and leaders know how to report breaches of conduct and how comfortable they were in doing so. HR P R OF E S S I ON A L 318 WELLINGTON STREET WEST TORONTO CANADA 416.979.4504 soho.metropolitan.com prime downtown address • les clefs d’or concierge • celebrated restaurant • 24/7 hotel services • indoor pool • in-house spa • ﬁtness centre 32 J u n e / J u l y 2 0 0 8

Table of Contents Feed for the Digital Edition of HR Professional - June/July 2008

HR Professional - June/July 2008 Contents Editor's Letter Contributors Leadership Matters Upfront Legal Compensation The Broad Perspective Leading by Example On Message Strategy Talent Management HR 101 Case Study Interview with J.P. Pawliw-Fry Off the Shelf The Last Word HR Suppliers Guide 2008 Calendar of Events

HR Professional - June/July 2008

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