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Jersey's Best (Digital)

Jersey's Best (Digital)

1 Issue, Summer 2023

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Team BUILDERS

Team BUILDERS
For employers and employees alike, the pandemic sparked a time of significant reflection. While management assessed what was working well and what needed improvement, staff evaluated everything from job fulfillment to work-life balance.
Many workers discovered that their career path was no longer ideal, resulting in what was dubbed The Great Resignation, with 50.5 million people quitting their jobs in 2022, according to the Job Openings and Labor Turnover Survey.
Those employees seem to have found what they were seeking, according to results from Energage’s Top Workplaces survey, which showed that, overall, workers are happier than they were the previous year.
“Everything for 2023 is more positive than it was in 2022, except for, interestingly, confidence in the leader, which actually went down slightly,” explained Bob Helbig, media partnerships director of Pennsylvania-based employee engagement platform Energage.
When presented with the statement, “I have the flexibility I need to balance my work and personal life,” 76.7% of survey takers answered positively last year. This year, that figure rose 2.6% points to 79.3%.
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"One of the great things about the pandemic is that companies were forced to assess that and ask those questions,” Helbig said. “I think you're probably seeing a reflection of that. Companies are doing a better job asking, listening and responding. The Great Resignation is a very real thing we started seeing in the latter half of 2021. More people were saying that they were looking for work elsewhere and people followed through on that.”
The increased positive sentiment reflected by survey findings proves that “employees have either done a better job of responding to the needs of people or people have left and settled in somewhere where they're a better fit,” Helbig added.
Will Garden State employees stay put or are they on the lookout for new positions? When compared to the rest of the nation, New Jersey’s workforce seems to be more content. When presented with the statement “I have not considered searching for a better job in the past month,” 60.8% of employees in New Jersey answered positively versus 58.7% in the rest of the country.
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INFORMATION FOSTERS PROSPERITY
To find out which small, mid-size, and large companies have done an outstanding job meeting the needs of their associates, Energage reached out to New Jersey-based employers with 50 or more employees and surveyed staff members to establish the state’s Top Workplaces. Public and private companies, nonprofit organizations and government entities were eligible. This is the fifth year of the initiative, which is run in partnership with NJ.com and Jersey’s Best.  
The 24-question survey focuses on topics that are consistently at the forefront of employees’ minds, including faith in leadership, finding meaningfulness in one’s work, feeling appreciated and strength of communication.
Companies that participate in the Top Workplaces survey receive the results, which enables them to understand the health of their business from their employees’ perspective as the findings validate achievements, reveal problem areas and set a foundation for new goals, Helbig explained.
Additionally, earning a coveted spot on the Top Workplaces list encourages pride within the organization as it's "something to celebrate and it offers credit to employers for creating something special," Helbig said. Appearing on the list also helps businesses attract and retain top talent.
"Employees want to work at companies recognized as leaders that operate by a strong set of values," Helbig said.
Companies that rose to the top and distinguished themselves shared some key traits. Take a look at the highest-ranking businesses and the attributes employees appreciate most.
MAKING A POSITIVE IMPACT ON COMMUNITIES
Investment management firm Charles Schwab secured the top spot in the large company category. James Kostulias, managing director and Schwab's Jersey City Business Council leader, said it's "an enormous honor for Schwab to be recognized as a top workplace in all of New Jersey."
"At Schwab, we are committed to demonstrating our values and heritage as a company that is invested in the success of our clients, employees and communities," Kostulias said. "In New Jersey and across the country, we're investing our resources where we can make the most difference in areas that align with our business. Our responsibility as a corporate citizen goes beyond the value we provide by serving clients, so we conduct our business in ways that make a positive impact on our employees and the communities where we live and work. We are so gratified that part of our corporate culture is being recognized in the great state of New Jersey."
Charles Schwab Foundation partners with organizations such as Boys & Girls Clubs of America and DonorsChoose to teach youth critical money management skills. 
A Schwab employee who completed the survey noted, "I am able to make an impact on others' lives, which is very rewarding, and it provides me with a sense of belonging coming to a place where I feel welcomed every day."
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PUTTING EMPLOYEES FIRST
Payroll processing company Primepoint ranked third in the small company category, which is the largest of the three categories, and is celebrating its second year on the list.
Victor Scire, vice president of marketing, explained that Primepoint's management team has created a company culture where the company's employees come first.
"Success in their careers, work-life balance, and personal fulfillment are a priority," Scire said. "Primepoint is a family business at its core. Being named a 2022 and 2023 Top Workplace in both New Jersey and Philadelphia, as a result of an independent survey of Primepoint employees, lets us know that the company's efforts to support its employees are working. Primepoint has had significant growth in recent years, and that growth is accelerating, all as a result...
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Jersey's Best (Digital) - 1 Issue, Summer 2023

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