Arrow Electronics, Inc., a global technology solutions provider, has been awarded ‘Great Place to Work for 2018 in Korea’ by the Great Place to Work® Institute in an awards ceremony held recently in Seoul.
The award is judged by Great Place to Work®Institute, an international trust management evaluation agency, based on a diagnostic program ‘Trust Index©’ that measures companies across five categories; credibility, respect, fairness, pride and camaraderie. This evaluation is then followed by a ‘culture audit’ conducted by Great Place to Work®Institute in Korea.
Chi Bang Guen, CEO, Great Place to Work®Institute commented, "Today's employees are more empowered than ever in choosing who they want to work for.” He continued, "Employees who feel respected and trusted by their co-workers and employers are more likely to stay with a company in the longer term.”
Arrow Electronics has won multiple HR awards recently, including HR Asia's ‘Best Companies to Work for 2018TM’ in China in October 2018. They were also crowned with the same title in Hong Kong and Malaysia earlier this year and Singapore and Malaysia in 2017.
The ‘Trust Index©’ survey has been recognised as a global standard tool for measuring and analysing the level of trust and satisfaction of employees. The measurement has been adopted across 60 countries, including the United States, countries within the European Union and Japan. This year's results revealed that Arrow Electronics in Korea outscored their industry counterparts in all five of the diagnostic categories.
Brian Yoon, Senior Regional Director of Sales for Korea, Arrow Electronics stated, "We are honoured to receive this recognition. The award reinforces our commitment to adapting global best practices locally to make sure that our employees here work in an inspiring, encouraging, and healthy environment," He continued, "This award is a recognition of our long-term commitment to not only cultivating a place that achieves results, but also allows our members to realise their full potential."