Five Companies Received the Best Employer Bulgaria Award from ARS Bulgaria

ARS Bulgaria’s annual award ceremony event took place last Wednesday, March 6. Five companies from different industries in Bulgaria received the highest distinction as a Best Employer after participating in an anonymous employee engagement survey executed by ARS Bulgaria in partnership with their exclusive international partner Kincentric, a Spencer Stuart Company.

At the event, ARS Bulgaria provided the attendees with valuable insights into the Bulgarian market’s current trends across different aspects of the work environment. These trends shed light on the forthcoming challenges in terms of human resource management. Additionally, the awarded companies showcased their good practices through blitz interviews, demonstrating how they tackle today’s challenges and create a successful people strategy for employee engagement, retention and motivation.

Awarded Companies

In the course of the 2023 Best Employers initiative, 48 companies from different industries took part in the engagement survey, with a total of 12,357 survey respondents. Five companies successfully surpassed the globally established criteria set by Kincentric. They are as follows:

  • SiteGround
  • Benefit Systems Bulgaria (MultiSport)
  • SAP Labs Bulgaria
  • AES Bulgaria
  • BAT Bulgaria

About Best Employers Bulgaria

The engagement survey and the certification program have been conducted by ARS Bulgaria for the 17th year in a row. Every year, data is collected from survey respondents to identify valuable trends in human resources development on a local, regional and global level.

The four key factors identified as crucial by Kincentric for successful company development in today’s world are Engagement, Engaging Leadership, Talent Focus, and Agility. The data indicates a slight decrease in Engagement by 1% compared to the previous year, currently standing at 76%. Engaging Leadership and Talent Focus also show a decrease of 1% and 2%, respectively. However, Agility has reached an all-time high of 75% for 2023.

Apart from these main dimensions, there are 16 additional factors related to retaining and motivating employees in the workplace, measured through the Best Employers survey methodology. Some of these factors include Brand, Virtual Work Effectiveness, Work/Life Balance, Collaboration, Performance Management and Careers & Development, among others.

Participation in the study is voluntary. To be eligible for a certification, companies should have no less than 50 full-time employees and at least 1 year of operation in Bulgaria. The certified companies are announced at the official ceremony held in the first quarter of each year, to which all participating organizations are invited.

Best Employers Bulgaria Website: Best Employers

LinkedIn Profile: Best Employers Bulgaria