Leading global research firm launches third annual edition of
the Top GBS Employers™ and Top Employers for Tech Talent™
reports.
DALLAS, July 8, 2024
/PRNewswire-PRWeb/ -- Everest Group today released the 2024
editions of the Top GBS Employers™ and Top Employers for Tech
Talent™ reports. Initially released in 2022, Everest Group's top
employer reports were the first to evaluate the global business
services (GBS) and tech market for their efficacy and ability to
demonstrate their employee value proposition.
In future, we expect the battle for top
talent to intensify, with employer brand perception becoming
increasingly volatile. Companies that invest in career development,
inclusive work environments, and competitive compensation will lead
the pack.
In both reports, Everest Group analyzes the brand perception of
leading GBS and tech employers across multiple dimensions,
including compensation and benefits, work environment, office
ecosystem, work-life balance, hybrid work policies, culture and
values, leadership, career development, and diversity and
inclusion. Everest Group's reports allow enterprises to evaluate
their strengths and benchmark themselves against competitors in
their respective markets.
Key Findings:
- Overall, employer brand perception in the GBS market continues
to deteriorate, with average brand perception dropping by 3% in
India and the Philippines.
Poland is the market which bucks
this trend, seeing an improvement in brand perception of 7%
- For tech employers, average employer brand perception scores
declined across India (2%), the US
(5%), and the UK (10%)
- A perceived lack of investment in career development and
upskilling remains a major concern for employees. GBS ratings in
this area have dropped 7% year-on-year in India and the
Philippines. For tech employers, ratings in India, the US, and the UK have dropped by
between 8-12%
- Work environment and compensation are crucial for GBS
employers: 50% of companies with high ratings in this area
outperform their peers
- For tech talent, the work environment and diversity and
inclusion are the two most crucial factors: 64% of companies with
high ratings in these areas outperform their peers
- Brand perception is volatile, with 44% of last year's top
employers for tech talent falling out of the top quadrant. At the
same time, almost a fifth of companies (15-20%) in the top quadrant
have improved their year-on-year brand perception scores,
underscoring the value of consistent investment to improve EVP
Download complimentary copies:
Everest Group Top GBS Employers™ in India, The
Philippines, and Poland
2024
Everest Group Top Employers for Tech Talent™ in India, the US, and the UK 2024
According to Rohitashwa Aggarwal, Partner at Everest Group: "In
today's competitive talent landscape, our latest Top Employers
research is indispensable. It delves deep into the employer brand
perception of over 800 GBS and tech employers across key regions
and offers critical and actionable insights. As companies navigate
the complex challenges of attracting and retaining top talent, this
report provides essential benchmarks and strategies to enhance
employer brand perception, optimize talent management, and build
resilient talent models for today and for the years ahead."
"However, our findings reveal a troubling decline in employer
brand perception for GBS and tech employers. A lack of investment
in career growth is a major concern globally, which has
consequently resulted in a drop in overall ratings. Crucially, we
can see a widening gap between the majority of the market and the
top performing organizations, which excel in providing better work
environment, compensation, and diversity in the workplace."
"In future, we expect the battle for top talent to intensify,
with employer brand perception becoming increasingly volatile.
Companies that invest in career development, inclusive work
environments, and competitive compensation will lead the pack."
About Everest Group
Everest Group is a leading research firm helping business leaders
make confident decisions. We guide clients through today's market
challenges and strengthen their strategies by applying
contextualized problem-solving to their unique situations. This
drives maximum operational and financial performance and
transformative experiences. Our deep expertise and tenacious
research focused on technology, business processes, and
engineering through the lenses of talent, sustainability, and
sourcing delivers precise and action-oriented guidance. Find
further details and in-depth content
at http://www.everestgrp.com.
Everest Group Engage
Everest Group's inaugural global conference event, "Everest Group
Engage," will be held September 30 –
October 2 at the Renaissance Dallas
Hotel. The theme of the conference is "The Pragmatic Edge:
Designing Your Future." The agenda will help C-suite leaders and
teams in global business services, sourcing and vendor management,
and shared services operate at peak productivity and efficiency.
For more information, visit
https://events.everestgrp.com/engage2024
Media Contact
Public Relations Everest Group, Everest Group, 2144513000,
publicrelations@everestgrp.com, www.everestgrp.com
Lucy Birch, Everest Group,
2144513000, lucy.birch@everestgrp.com, www.everestgrp.com
Twitter
View original content to download
multimedia:https://www.prweb.com/releases/everest-group-names-2024s-top-employers-for-gbs-and-tech-talent-302190952.html
SOURCE Everest Group