Avnet Named One of Asia's Best Employers

Avnet Asia was recently recognized as one of the Best Companies to Work For in Asia (Singapore). This award marks the third recognition Avnet has received in the past six months for being a model workplace. Previously, Avnet earned the 2018 Best Workplace certification from the Great Place to Work® Institute in India in September and the Best Companies to Work For in Asia award from HR Asia in Taiwan in June.

HR Asia's Best Employers in Singapore awards are organized by the region's leading human resources publication. Winners are selected through a rigorous selection process conducted by independent industry experts, academics, and journalists.

"Avnet is delighted to be recognized again by HR Asia as one of Asia's best employers. As we prepare our workforce for Industry 4.0, Avnet Asia is committed to providing a great workplace filled with opportunities that foster development and contribution, " said Stephen Fu, President of Avnet Asia Pacific. "This award reinforces our belief that Singapore and the rest of the Asia Pacific region can achieve profitable growth by fostering an environment that supports our employees' ambitions and recognizes their contributions."

Chen Shuihai, Senior Vice President of Human Resources, Asia Pacific, Avnet, added, "There is a strong positive correlation between employee engagement and profitable financial performance. Our team in Singapore is comprised of ambitious leaders and talented, experienced employees. Over the years, we have implemented a wide range of multi-layered development and benefits programs to effectively integrate our employees into our pursuit of business excellence. Avnet is committed to fostering an environment of continuous development and growth for our industry's top talent, and receiving the HR Asia Singapore Best Employer Award is external recognition of our focus on the continuous development and growth of our industry-leading workforce."

Avnet scored above the industry average in the "Heart, Mind, Soul" category, which examines a company's employee engagement policies, the rules and regulations that support a healthy workplace culture, and the opportunities it provides for employee development. A rigorous evaluation process demonstrates Avnet's strong performance in employee well-being and development. Avnet offers a range of internal programs, e-learning, and external programs for talent and management development. To recognize and reward talent who go the extra mile, Avnet established the Reach Recognition program to foster greater collaboration, commitment, dedication, and service excellence. Avnet also utilizes employee-led initiatives in the region, allowing colleagues to share its holistic well-being approach through external outreach programs.

"The Best Companies to Work For in Asia awards recognize companies for their workplace environment and employee engagement," said William Ng, Group Publisher and Editor-in-Chief of HR Asia. "Avnet has demonstrated their commitment to further engage their employees while caring about their personal growth and well-being. We are pleased to recognize Avnet Asia as one of the region's best employers through this award."

The 2018 Best Employers recognition adds to Avnet's numerous achievements in Singapore, including the Singapore HR Institute's Leading HR Practice Award for Compensation and Rewards Management and the Leading HR Practice Award for Talent Management, Retention and Succession, as well as the Silver Award for Excellence in Compensation and Rewards Strategies from Human Resources.