South Australia based industry superannuation fund Statewide Super received the Korn Ferry Engaged Performance Award 2019 for employee engagement.
Tony D’Alessandro, Statewide Super chief executive, said he was proud of the 139 staff based in South Australia and the Northern Territory who service 147,000 members.
“The Korn Ferry Engaged Performance Award says a lot about the work that we’ve done to create a culture of pride in working at Statewide Super,” D’Alessandro said.
“When we started on the journey of engaging our employees, our satisfaction scores were 44% in 2016.
“Fast forward to 2019 not only is our score now at 78% but we have beaten a number of large Australian organisations to take out the national Engaged Performance Award in 2019.”
They were recognised for their community involvement and company initiatives including flexible working arrangements and the launch of a learning and development framework.
The superannuation industry will be judged by its member services rather than how effectively it accumulates wealth, according to Stephen Jones.
The profit-to-member super funds are officially operating as a merged entity, set to serve over half a million members.
Super Review announced 21 winners at the annual Super Fund of the Year Awards, including the recipient of the prestigious Fund of the Year Award.
A research firm has given UniSuper a glowing review, praising its strong leadership and “compact team”, as well as its “creditable governance” structure.