Employer Study by Research Consultancy Aon
Bayer wins ‘Best Employer in India 2017’ Award
Mumbai, May 10, 2017: Bayer is one of India’s Best Employers in 2017 as per a study conducted by Aon, a global research consultancy. The Best Employer Awards were announced in a glittering ceremony held on May 9, 2017 in Mumbai. The 19 winners from 2017 included organisations that empower results through high employee engagement, a compelling employer brand, effective leadership and a high performance culture.
“We at Bayer are extremely delighted to be recognized as a ‘Best Employer’ in India. Our employees are our core resource. It is their skills, creativity and commitment that shape Bayer’s performance. Therefore we invest great efforts in recruiting and retaining the best employees. Bayer’s corporate culture and work environment is characterized by diversity, customer focus, experimentation and trustful collaboration. This plays a large part in ensuring employee well-being and satisfaction,” said Richard van der Merwe, Senior Bayer Representative South Asia.
The Awards ceremony was preceeded by a thought provoking CEO panel discussion on “The Power of Purpose.” The discussion focused on the importance of organizational purpose and the alignment needed in helping organizations prepare and re-orient themselves for the future. As one of the panelists, Richard van der Merwe shared insights on how Bayer translates its mission "Science For A Better Life" into its employer brand positioning: “Passion to Innovate, Power to Change.”
Speaking about the importance of having a compelling employer brand positioning, Mr. van der Merwe said, “A brand promise helps employees understand what is expected of them in the organisation and how each employee can succeed in the company. It also shows what the organization offers as an employer and what makes the work culture special.”
The Aon Best Employers program is the one of the most comprehensive studies of its kind in Asia Pacific. Launched in 2001, the study aims to get insights into companies that are creating real competitive advantage through their people, to explore what makes a workplace of choice and to identify the Best Employers. A total of 119 organizations representing 14 key industries, with cumulative responses of 358000 employees, participated in the 2017 Aon Best Employers India study.
The study methodology involved a rigorous process, conducted over a nine-month period that culminated in the list of Best Employers decided by an external panel of independent jury. The jury for the 2017 awards comprised of eminent business leaders and academicians including Sanjiv Mehta, CEO & MD, Hindustan Unilever Ltd.; Chanda Kochhar, MD & CEO, ICICI Bank Limited; Prof. Vansanthi Srinivasan, Faculty, IIM-Bangalore; Leo Puri, Managing Director, UTI Asset Management Company and Dr. Omkar Goswami, Founder & Chairman, CERG Advisory.
Bayer: Science For A Better Life
Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2016, the Group employed around 115,200 people and had sales of EUR 46.8 billion. Capital expenditures amounted to EUR 2.6 billion, R&D expenses to EUR 4.7 billion. These figures include those for the high-tech polymers business, which was floated on the stock market as an independent company named Covestro on October 6, 2015. For more information, go to www.bayer.com
Communications, Bayer Group in India
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.