LGT obtains global Great Place to Work certification

HONG KONG, Oct. 18, 2023 /PRNewswire/ -- LGT has once again obtained Great Place to Work certification for all markets in which it operatesworldwide.Thisinternationallyrecognisedsealofqualityattests toLGT'sexcellent workplaceculture,which is characterised by trust, pride, fairness and camaraderie.

LGT has been certified by the international consulting and research institute Great Place to Work as an excellent employer. The certification was granted following an anonymous survey of all ofLGT employees worldwide conducted in September 2023. The survey questions covered five dimensions considered key for a trusting and high-performance culture: credibility, respect, fairness, pride and camaraderie. Over 78 per cent of employees took part in the survey. LGT last conducted a global GreatPlace to Work survey in 2020, and was subsequently certified.

An exceptionally welcoming culture and collegial environment

According to the anonymoussurvey, 90 per cent of all participants feel that LGT is a Great Place to Work. By way of comparison, in 2022, the average for the "Best Companies to Work For"in the global financial servicesand insurance industry was 88 per cent. What employees find especiallypositive are LGT's welcoming culture and collegial environment. They appreciate the opportunityto assume responsibility andratemanagementverypositivelyfortheirhonest, competentandethical conduct.They feel theyare treated fairly, regardless of their background or sexual orientation. Irrespective of their seniority, 92 per cent of employees feel they are a valued member of the company,and 94 per cent are proud to work at LGT.

In addition to the survey, the certification process involves a Culture Audit. As part of this audit, companies provide concrete examples of how they live their workplace culture and what kind of internal processes, systems and policies are in place to support this shared culture. The results of both the survey and the Culture Audit must satisfy the institute's standards in order for a company to be certified as a Great Place to Work.

An important yardstick

"LGT has grown substantially in recent years, which makes it all the more gratifying that we have succeeded in further developing and cultivating our shared culture. The survey shows that employee satisfaction has remained consistently high over the past three years, and that our core values such as appreciation, respect and acting responsibly are being embodied around the world", says Olivier de Perregaux, CEO LGT Private Banking. "This kind of external assessment of our workplace culture is an important yardstick. Inaddition to showing us what we're doing right, it helps us identifyareasweneed to work on. Armed withthatinformation,we can nowtackle those areas togetherwithouremployees alsoto ensure they remain proud ofbeing part of LGT in the future."

Theinternationalconsultingandresearch institute GreatPlace toWork has beencollectingandanalysingdata to assess organisational workplace culture for over 30 years. Each year, the institute works with over 10 000 companies around the world and surveys around 10 million employees in 60 countries.

LGTin brief

LGT isa leading international private bankingand assetmanagementgroup thathas been fullycontrolled bytheLiechtenstein PrincelyFamilyforover90 years. As at30 June2023, LGTmanaged assets ofCHF305.8 billion(USD 341.8 billion) forwealthy private individuals andinstitutional clients.LGTemploys over5000people whowork outofmore than 25 locationsinEurope, Asia, the Americas, Australia and the Middle East. www.lgt.com

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SOURCE LGT