February 1, 2012

Best Employer Competition Recognizes Firms for Career Development

Desjardins Group is committed to career development and promoting from within, which helps keep the turnover rate at just 4.6 per cent, according to the 2012 Financial Post’s 10 Best Companies to Work For.

This commitment extends to supporting skilled immigrant employees and is one of the reasons Desjardins is one of the winner’s of this year’s competition, a subset of Canada’s Top 100 Employers that is limited to fast-growing, private-sector employers that offer opportunities for rapid career advancement and cutting-edge employee perks.

Sandeep Munshi, an engineer from India, started working at Desjardins’ insurance division in Mississauga, Ont., in 2004, two years after immigrating to Canada.

Over the years, Mr. Munshi has worked his way up from sales agent to field claims advisor with the support of Desjardin’s internal career counsellors and training and education support.

That education support, which includes tuition subsidies and bonuses for the completion of certain professional accreditation, paid for Mr. Munshi to become a chartered insurance professional.

His ultimate career goal is to become a commercial property appraiser, combining his engineering background with his Canadian insurance experience, a goal that Desjardins fully supports, according to the Financial Post article.

The company also offers other resources to help employees grow their careers within the credit union, including resumé-writing and interviewing support.

All of the winners of the 2012 Financial Post’s 10 Best Companies to Work For have substantial hiring needs, despite the slower economy, mostly due to retiring baby boomers, says Richard Yerema, Managing Editor of Canada’s Top 100 Employers.

While the national unemployment rate is at 7.5 per cent, a high concentration of the unemployed are unskilled workers with most professions and trades near full employment, says Mr. Yerema.

Opportunities for career advancement, competitive compensation, retirement plans, benefits programs and work-life balance set apart this year’s winners and help them attract and retain top talent in a competitive labour market, he says.

Financial Post’s 10 Best Companies to Work For (in alphabetical order):

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