CML Offshore Recruitment gets HR society’s top award for small company
Cayman National Bank and CML
Offshore Recruitment got top honours as employers at the Cayman Islands Society
of Human Resource Professional’s first Top Employer Award Gala event at the
Marriott Beach Resort recently.
The black-tie affair recognised the
achievements of six companies that met the criteria necessary to be considered
Cayman National Bank founder Peter
Tomkins, who is still a member of the bank’s board of directors, was thrilled
by the achievement.
“This means more to me than the two
banker of year awards we received,” he said.
CNB President Ormond Williams saw
the award of as a great accomplishment; one that he said could not have been
achieved without the support of the 222 staff members of the bank.
CML Offshore Recruitment’s CEO Steve
McIntosh stressed the importance of people and doing good in the community when
he accepted the award.
Other firms recognised included Aon
Insurance Managers (Cayman) Ltd., HSBC, Deloitte and KPMG, which came in second
for the top award.
HR Society President Phil Jackson
said a panel of judges scored the finalists in two categories: small-to-medium-sized
companies and large companies.
“The employers we are recognising
tonight are all winners,” he said. “There are no losers.
Mr. Jackson said 30 per cent of a
company’s score was determined from information they put on the top employer
award application form. The other 70 per
cent of the score came from the answers on surveys sent to the company’s employees.
The businesses were ranked in nine
areas, ranging from work atmosphere and camaraderie, community involvement and
employee communications to compensation and benefits.
Mr. Jackson, who made the launch of
the award one of his key goals during this presidency, said the process started
more than two years ago.
He said that trying to launch an
initiative such as the Top Employer Award was difficult in itself for a
“Trying to launch a new initiative
during an economic recession is very challenging.”
Mr. Jackson said he wanted to see
the Top Employer Award grow and become an annual event.
“I want to see the Cayman Islands
remain one of the best places in the world to work.”
Keynote Speaker Dan Ondrack, a
human resource expert and professor at the University of Toronto’s Rotman
School of Management, praised the HR Society for launching the award and
holding the gala event.
“This is a wonderful activity; it’s
a wonderful social initiative; and it’s wonderful to see so many people here,”
Mr. Ondrack, who served as one of
the three judges for the awards, also sits on the panel that judges similar
awards for the top 100 employers in Canada.
He highlighted several advantages
companies deemed top employers have over their competition. One of those advantages is being able to
attract and retain better talent, which if used effectively, usually leads to
better profits. He said numerous studies had shown that companies that are
considered top employers consistently outperform other companies, especially in
industries that rely on top talent like technology and service industry firms.
“That’s a good tip for you if you
invest in the markets,” he said.
Mr. Ondrack listed several criteria
for being considered a top employer and noted that failure at any one of them
could make a workplace less desirable for employees. He noted that a company’s management often
plays a key role.
“Are they leaders and coaches or
are they tyrants?” he asked. “Who would want to stay in a job there the bosses
and leaders are jerks and tyrants?”
The event also featured five-minute
video presentation of all the awarded companies and the announcement of a
scholarship for one of the HR Society’s members to get an MBA in human
resources from King’s College in London.
Originally slated to be called the
‘President’s Scholarship’, the award instead was named after David Bodden, the
former head of HR at Cable and Wireless and Lime, who recently passed away.
Mr. Jackson said Mr. Bodden, a past
member of the Society’s board of directors, was “one of the main advocates for
the formation of the Society”.
This year’s scholarship was awarded
to Gianna Bryan, who worked in Cayman National’s HR department.