Accenture employees dress up in Halloween costumes for a charity event
Chosen as one of Canada's Top 100 Employers and Greater Toronto's Top Employers for 2013:
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors
(Oct 9, 2012)
Some of the reasons why Accenture
was selected as one of Canada's Top 100 Employers for 2013
- depending on the vacancy to be filled, employees may receive generous employee referral bonuses of up to $6,000 when they successfully refer a new candidate
- for traveling employees, the firm manages the unique "Athletic Minded Traveller" program that includes reimbursement for use of hotel health clubs
- encourages an ownership culture through a share purchase plan and helps employees plan for life after work through a defined contribution pension plan
- an enlightened employer that offers the relatively rare benefit of in-vitro fertilization (IVF) treatments to a maximum of $15,000
- also provides maternity and parental leave top-up payments (to 85% of salary for 15 weeks) for new mothers and fathers, including adoptive parents
- supports ongoing employee development through tuition subsidies for courses related to their position, in-house and online training programs, formal mentoring and subsidies for professional accreditation
Accenture Plc is a leading international management consulting, technology services and outsourcing firm.
The publicly-traded multi-national company serves business and government clients worldwide. Accenture has over 240,000 employees who serve clients in virtually all industry and business areas, as well as public sector operations in over 120 countries. The firm serves its Canadian clientele from offices in Toronto, Montréal, Calgary and Vancouver.
Industry: Custom Computer Programming Services.
Major Canadian hiring locations: Vancouver BC, Calgary AB, Toronto ON, Montréal QC.
Stock symbol: ACN-NYSE.
Revenues: $25,500 million.
Full-time employees in Canada: 3,793.
Full-time worldwide: 241,404.
Part-time employees in Canada: 632.
Longest serving employee: 46 years.
Accenture's physical workplace is rated as very good. The company's head office is located in the heart of Toronto's financial district and is connected to the city's extensive underground walking network, which provides all-weather access to the subway, regional commuter GO trains as well as an incredible variety of restaurants, shops and services. Inside the 28-storey building, Accenture occupies two stories that feature a variety of flexible workspaces to accommodate the varying needs of each employee, with most employees utilizing laptops and working where required (including at their home offices). In addition, the head office features a stylish decor with artwork adorning the walls, employee lounge (with comfortable seating and flat-screen televisions), fresh coffee; a variety of teas; sparkling, still and lemon filtered water; secure bicycle parking.
Work Atmosphere & Communications
Accenture's work atmosphere is rated as above-average. At work, employees enjoy business casual dress; employee sports teams; organized social events. Accenture's "People Advocate" social committee organizes a variety of client- and employee-focused celebrations, holiday parties during the Christmas season (with over 1,000 guests at the Toronto soiree) and networking events throughout the year including the unique "First Friday" networking initiative where office-based and out-of-town employees, as well as senior executives, enjoy informal gatherings every month. In addition, the company keeps people up to date and solicits feedback through a company newsletter; corporate intranet site; email suggestion box.
Financial Benefits & Compensation
Accenture's financial benefits are rated as average. To keep salaries competitive the company participates in outside salary surveys every 12 months. Individual salaries are reviewed every 12 months. Along with ensuring competitive compensation levels, the company also provides share-purchase plan for all employees; signing bonuses for some employees; year-end bonuses for some employees; defined contribution pension plan with employer contributions (up to 5% of salary); new employee referral bonuses (to $6,000 for some positions); life & disability insurance; home computer purchase discounts; hotel room discounts (to 24% off posted rates); and year-end bonuses for some positions.
Health & Family-Friendly Benefits
Accenture's health and family benefits are rated as above-average. The company's health benefits plan is managed by Manulife Financial. As part of the health plan, the employer pays 100% of the premiums. The health plan is a flexible plan with adjustable premiums and coverage levels. Employees who work 14 hours per week receive coverage. There is no waiting period before coverage begins. Family coverage is available on the health benefits plan. The basic plan includes routine dental; restorative dental; orthodontics; eyecare ($300 every 2 years); traditional medicine coverage; alternative medicine coverage; fertility treatment medications; employee assistance (EAP) plan; medical equipment and supplies; physiotherapy; massage therapy; homecare; travel insurance. As part of the flexible plan, employees also receive private duty nursing (to $10,000 per year), orthopedic shoes and smoking cessation drug coverage. And for the company's travelling employees, the firm maintains a unique "Athletic Minded Traveller" program that includes reimbursement for use of hotel health clubs. Accenture's family-friendly benefits include; maternity top-up payments (to 85% of salary for 15 weeks); parental leave top-up for new fathers (to 85% of salary for 15 weeks); parental leave top-up for adoptive parents (to 85% of salary for 15 weeks); health benefits during maternity and parental leave. Employees also receive 100% of their salary during the two week waiting period prior to commencement of their employment insurance benefits. Additional family-friendly benefits include; flexible working hours; 35-hour work week (with full pay); shortened work week (fewer hours with less pay); compressed work week; telecommuting; state-of-the-art "Tele-Presence" rooms with large plasma screens and multiple cameras to create an in-office feeling for home-based and traveling employees; and a weekend travel home policy for employees who work outside of their home city.
Vacation & Personal Time-Off
Accenture's vacation and personal time-off are rated as average. New employees receive 3 weeks of vacation allowance after their first year. Vacation increases after 10 years on the job. Long-serving employees receive a maximum of 4 weeks of vacation each year. Employees receive 5 paid sick days every year. Employees can schedule 2 personal days off each year, as needed. Employees receive 2 personal days off, as scheduled by their employer. Employees can also apply for an unpaid leave of absence. Depending on their position, some employees start at 4 weeks of paid vacation.
Accenture's employee engagement program is rated as above-average. Employees receive individual performance reviews every 6 months. Managers receive training in how to conduct effective performance reviews. Performance feedback is also solicited from co-workers and other managers familiar with each employee's work. As part of the review process employees can provide confidential feedback on their manager's performance. Exit interviews are provided for departing employees. Along with annual performance bonus programs for managers and executives, the company also maintains performance bonus programs for employees that is linked to individual and overall corporate performance. Exceptional employee performance is recognized through a formal 'points-program' that features points that are redeemable for a range of products and services. Employees may also recognize their colleagues' hard work through the "Thank a Colleague" peer recognition program. Accenture sponsors its own in-house employee satisfaction survey. (Surveys are conducted every 12 months); Accenture hires an outside consultant to conduct confidential employee satisfaction and engagement surveys. (These surveys are held every 12 months).
Training & Skills Development
Accenture's training and skills development program is rated as very good. Employees receive tuition subsidies for courses related to their position. (The level of tuition coverage varies with the requests.) In addition to tuition subsidies, employee can take advantage of subsidies for professional accreditations; in-house apprenticeship and skilled trades programs; formal mentoring program; career planning services; in-house training programs; online training programs; online employee skills inventory; new employee orientation program; formal management training program.
Accenture's community involvement program is rated as exceptional. Every year, the company and its employees direct support to a variety of local, national and international initiatives. Employees take part in the selection of charitable groups assisted each year. Employees receive paid time off to volunteer with their favourite charitable organizations. Last year, employees donated over 5,356 hours volunteering with charitable projects. Approximately 61 charitable and community organizations were supported last year. Employees and the firm directed their energy and financial support to assist community groups, various non-profit organizations, youth initiatives, immigrant resource groups and skills building programs for children living with disabilities. In addition to financial support, Accenture employees apply their expertise to help charitable organizations better administer and deliver their services. In the past, employees have supported a variety of initiatives across the country including the United Way, the Terry Fox Foundation, Junior Achievement, Engineers Without Borders, Immigrant Services Calgary, Breast Cancer Society of Canada, Fredericton Food Bank, and Autism Canada, to name a few. 1.69.
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