Paramount Group Recognised As ‘Top Employer’ By The World’s Leading Institute On People Practices

22 Nov 2019
"Top Employers Institute Recognizes Paramount Group For Its Commitment To Excellence In “People Practices.”

November 22nd, 2019 - Johannesburg, South Africa – Paramount Group, the global aerospace and technology company, was presented with the prestigious ‘Top Employer Award’ during the Top Employers Institute Certification 2020 Gala Dinner, held at the Sandton Convention Centre in Johannesburg, South Africa.

The award was bestowed in recognition of the company’s 25-year commitment to offering a climate of exceptional employee conditions, including high-skills training, leadership development and career and succession management opportunities, within industries bolstering economic growth and technological innovation across the South African marketplace and around the world.

Established over 28 years ago, the Top Employers Institute is the global authority on promoting and recognizing excellence in people practices, setting international standards in excellence in ‘people strategies and practices’, helping guide corporations from around the globe while enriching the ‘world of work’ in the process.

Through the Top Employers Institute Certification Programme, participating companies can be validated, certified and recognised as an employer of choice. The Top Employers Institute has certified organisations across 118 countries and regions, positively impacting the lives of over six-million.

Ivor Ichikowitz, Founder and Executive Chairman of Paramount Group, stated that, “Paramount is a remarkable story, an African start-up borne out of a singular vision – to create an equal opportunity industrial enterprise that could support governments around the world to build stability and economic development. Over our 25 years of operation since, we have expanded upon that vision while remaining committed to what are founding principles of corporate governance, including the nurturing of exceptional, fresh talent for the future.

“We have a very unique culture in Paramount and that has always been, and still is, our differentiator as an employer, we practice the art of the possible and as such we make the impossible possible on a daily basis!   The environment is fast paced, entrepreneurial, innovative and agile and therefore we look for that “can do” and solutions driven attitude when we recruit.  All the people practices that we have designed and implemented to date were aimed at preserving and instilling this culture and ethos.”

“We would also wish to thank our employees, some of the world’s foremost experts and innovators, who come to us from diverse backgrounds but each bringing unique skills-sets that have allowed us to expand upon our best-in-class manufacturing and technological breakthroughs alongside our global reach.”

Established in 1994, Paramount Group was formed in South Africa with the goal of helping African governments better protect their countries. The company has since transformed in to a truly global organisation, pioneering aerospace and technologies innovation and working with sovereign governments across five continents. The company continues to champion innovative solutions to the challenges faced by the governments and the agencies they work with, across the sectors of advanced manufacturing, engineering, armoured vehicle technology, avionics and mission systems integration, naval vessel and aircraft design.

In order to receive Top Employer Institute Award-certification, companies must go through the Top Employers Institute’s strict, standardized global processes, including a 100-question survey, highlighting approximately 600 ‘progressive people practices’. This is followed by a period of validation aligned with international standards, so that all participants are measured against what are considered to be employment hallmarks.