Employee Engagement Success Story of Quoniam: World-class Workplace Winner of Best in DACH

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Quoniam, a leading organization in the financial sector based in Frankfurt, Germany, specializes in creating successful quantitative investment solutions for institutional investors. Their success stems from a unique blend of research- and data-driven methodologies, state-of-the-art IT platforms, and the extensive market expertise of their dedicated experts.  

With a rich history spanning over 20 years and a workforce of over 120 talented employees, Quoniam has established itself as a pioneer in data-driven asset management. The company is known for its innovative equity, bond and multi-asset strategies, which continue to deliver exceptional results.

Listening to Employees Pays Off

In the face of significant challenges posed by the aftermath of the COVID-19 pandemic and the war in Ukraine, Quoniam managed to foster an environment where their employees remained committed and engaged. 

Their secret? Quoniam is not only dedicated to excellence in the financial sector, but also to its employees. Over the years, the company has implemented several employee feedback solutions: Central Employee Engagement Surveys, as well as Strategic Pulses: Hybrid Working Scan and themed Pulse Surveys. 

Quoniam recognized that their success is closely tied to the happiness of their employees. Their dedication to listening to their employees paid off and has rightfully earned the company the World-class Workplace award for Best in DACH in 2022-2023.

Winner of World-class Workplace in the DACH Region

Effectory ran a World-class Workplace scan for Quoniam, for which all their employees were invited. The feedback from their employees provided Quoniam with an excellence of employer award: World-class Workplace award for Best in DACH.

Our people have always been and always will be our greatest asset, and we are delighted to receive this award from Effectory. It shows that we are on the right track and that it pays to listen to our employees.

Nigel Cresswell, CEO at Quoniam

Organizations receive the World-class Workplace label only when they score above the benchmark for both eNPS and employership scores based on key topics:  

• Work enjoyment 
• Well-being and workload 
• Work environment and conditions 
• Company culture 

Points of Pride

Quoniam faced a series of external challenges that could have affected their employees’ morale and dedication. However, the results of the World-class Workplace Scan showed that Quoniam’s workforce remained committed and engaged.  

Among the factors that contributed to this resilience were the positive dynamics within teams, with a large majority of employees expressing satisfaction with the team’s atmosphere and trust.  

Additionally, Quoniam scored well above the benchmarks in areas such as work enjoyment, team collaboration, confidence in colleagues and managers, and the ability to share opinions freely. These results demonstrate Quoniam’s success in creating an inclusive and supportive work environment that fosters strong relationships and a sense of belonging. 

Several aspects of Quoniam’s employee experience stood out as points of pride. The survey revealed that a significant percentage of employees expressed satisfaction with the team’s dynamics, the work environment and available resources, and collaboration within the organization. 

These positive responses underscore Quoniam’s commitment to creating a culture that values teamwork, provides a conducive work environment, and encourages collaboration across the organization.  

Continuous Improvement

While Quoniam achieved impressive results in many areas, they recognize the importance of continuous improvement to sustain employee engagement and commitment.  

The survey identified specific improvement topics that Quoniam is actively addressing. These include limited resources in some areas, work efficiency, better communication of the corporate strategy, and strategic goals in staff communication. 

Quoniam is proactively addressing these improvement areas, reflecting their dedication to creating an environment that their people are continuously proud to be a part of. 

For example, Quoniam has identified five key strategic projects that are currently of particular importance to the company’s development. The focus is now on these projects, and their teams have more freedom to concentrate on them. Additionally, it was decided that all projects will be managed through objectives and key results. This approach clearly outlines the responsibilities of each business area and highlights their contributions towards achieving broader strategic goals.  

To achieve this, management sets quarterly strategic business objectives based on the progress of prioritized projects, which are explained in internal employee webcasts. Teams can then formulate their goals for the coming quarter and align them with the company’s goals. This not only helps to prioritize resources but also creates transparency, showing how the company is working together to achieve strategic objectives. 

Conclusion

Quoniam’s ability to maintain high levels of employee engagement and commitment during challenging times is a testament to their organizational strength. By prioritizing factors such as team dynamics, work environment, collaboration, and effective management, Quoniam has created a workplace culture that inspires employees to excel.  

However, they also recognize the importance of continuous improvement and are actively working on those areas. 

Through their commitment to creating a World-class Workplace, Quoniam sets an example for other organizations striving to nurture engaged and committed employees. 

The World-class Workplace Label and Employer Branding

“The World-class Workplace Best in DACH label is a great success for us and it will help us strengthen our employer brand. We are truly proud of our employees – they are the basis for our success, and we highly value their commitment and passion towards our business. Listening to their feedback is key for us and being able to demonstrate this measure externally by positioning the World-class Workplace Award Label on our website and social media will help us to promote our employer brand and our talent acquisition approach.” 

Alexander Hild, Head of People & Development at Quoniam

About the World-class Workplace

The World-class Workplace title is an esteemed excellence-in-employership label that is awarded annually to high-performing organizations. It is a distinction that cannot be bought and is solely based on the opinions and feedback of employees.  

Through a comprehensive company-wide scan conducted by Effectory, organizations’ results are compared against Effectory’s reliable benchmarks for employership. Only those surpassing these benchmarks are granted the World-class Workplace label. The best performing organizations across different regions and industries receive special recognition at the annual World-class Workplace awards show.  

This label serves as a testament to an organization’s dedication to being an outstanding employer and helps attract and retain top talent.