IKEA named best employer
BURLINGTON, Ontario – IKEA Canada has been named one of Canada’s Best Employers for the fourth consecutive year by Forbes Magazine. This year, the company improved its overall placement on the list to 45, from 70 in 2018, while placing among the Top Five in the survey’s retail and wholesale category.
“At IKEA, our 6,500 co-workers are at the heart of our business and we’re proud to be named one of Forbes’ Best Employers in Canada,” Michael Ward, the newly named president of IKEA Canada said in a statement. “We are a diverse and values-driven company, where down-to-earth, hard-working individuals can thrive and be successful. We are committed to ensuring that IKEA is a great place to work and supports a better everyday life for our co-workers.”
In a statement, IKEA listed several reasons why the furniture and home furnishings retailer has been named a ‘great place to work’:
- A new benefits program that was developed in collaboration with co-workers from across the country. Its strong focus on health and well-being encourages co-workers to use wellness credits towards gym membership, equipment or classes.
- Work schedules are provided four weeks in advance. The company also offers provide guaranteed minimum hours so co-workers can have predictable working hours.
- As a global organization, IKEA encourages co-workers to be curious about their career growth and to explore new opportunities to learn across its different companies, countries and roles.
- An annual performance-driven bonus program.
- A competitive RRSP program as well as and Tack!, a deferred profit sharing program created by its parent company, the IKEA Group, based in The Netherlands.
- A global iWitness Ambassador program where co-workers can see first-hand the positive impact the IKEA Foundation has on improving the lives of children.
- An annual Swedish cultural experience trip for 30 co-workers to the heart of IKEA – Älmhult, Sweden – where they learn about the company’s roots, history and culture.
- Co-workers also receive subsidized meals, a co-worker discount, paid uniform and safety boots subsidy.
Ward also noted diversity and inclusion remain a focus at IKEA, with a strong emphasis on gender balance – 52% of IKEA co-workers and 51% of managers are women. Additionally, with sustainability at the core of its business, IKEA has been named as one of Canada’s Greenest Employers for ten years in a row by Mediacorp.
In collaboration with analytics firm Statista, Forbes selected Canada’s Best Employers based through an independent survey from a sample of more than 8,000 Canadian employees who work for companies that employ at least 500 people in their Canadian operations.
The surveys were administered in a series of online panels and provide a representative sample of the Canadian workforce. The resulting list included 300 employers across 25 industries. View the full list at http://www.forbes.com/canada-best-employers/list
The only other Canadian retailer with a substantial furniture and mattress business to be included on this year’s list was Costco Canada. Based in Ottawa, the warehouse merchant was number 35 on the overall list, up three spots from 2018.