News Releases
The Co-operators Scores Hat-Trick on 50 Best Employers in Canada List
Dec 23, 2008
1:59pm
GUELPH, ON, Dec. 23 /CNW/ - International human resources firm Hewitt Associates today released its list of the "50 Best Employers in Canada" for 2009, which includes three listings of subsidiaries within The Co-operators group of companies. This marks the sixth consecutive year that The Co-operators has made the prestigious list. The trio of companies included on this year's list are: - The Co-operators, based in Guelph, Ontario (ranked No. 12), which includes co-operative holding company The Co-operators Group Ltd. as well as subsidiaries The Co-operators General Insurance Company, HB Group Insurance Management Ltd., and Addenda Capital; - L'Union Canadienne of Quebec City, Quebec (ranked No. 23); and - Co-operators Life Insurance Company of Regina, Saskatchewan (ranked No. 41) The list is compiled annually by human resources firm Hewitt Associates, using results of confidential surveys completed by employees. The surveys gauge "employee engagement," which the firm describes as a measurement of employees' willingness to speak positively about their employer, their desire to work there, and the extra effort they are willing to exert to ensure the success of the company. Firms with high engagement scores tend to attract and retain employees, and their staff members are committed to achieving corporate goals. "Having three Co-operators listings on this list is a special accomplishment, because it is based primarily on confidential feedback from our employees," said Kathy Bardswick, president and CEO of The Co-operators. "The results reflect the positive and supportive atmosphere we strive to create in workplaces across our group of companies. But beyond that, they indicate that our employees share The Co-operators values and are enthusiastic about fulfilling our mission of providing financial security to Canadians and their communities." Studies show that high levels of engagement can bolster a firm's productivity and financial success, and can lead to high morale among staff members and superior rates of employee attraction and retention. The "50 Best Employers" list is based on more information collected from more employees, business leaders and human resources professionals than any similar list. About The Co-operators: Based in Guelph, Ontario, The Co-operators is a group of Canadian companies offering home, auto, life, group, travel, commercial and farm insurance, as well as investment products. The Co-operators Group Limited is a 100 per cent Canadian-owned co-operative with assets of more than $7 billion. It is owned by a group of Canadian co-operatives, credit union centrals and like-minded organizations. The Co-operators is well known for its community involvement, and is listed among the 50 Best Employers in Canada.
For further information: Leonard Sharman, The Co-operators, 1-877-795-7272, ext. 2707