Recognized as one of Canada's Top 100 Employers (2016)
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Nov 8, 2015)
Here are some of the reasons why Raymond James Ltd. was selected as one of Canada's Top 100 Employers (2016) and BC's Top Employers (2016):
- Raymond James Ltd. supports employees who are new parents, providing mothers with maternity leave top-up payments for a full year as well as parental leave top-up payments for fathers and adoptive parents -- also offers an option to extend their parental leave into an unpaid leave of absence
- Raymond James Ltd. maintains support for training and development through tuition subsidies for job-related courses and manages a dedicated network for female advisors to help them expand their knowledge, expertise and business in a supportive, collaborative environment
At Raymond James, talent is for keeping
The Canadian financial services industry is like a crowded house. To stand out, Toronto based Raymond James Ltd. focuses on being client-centric, creating a diverse workplace and supporting the career development and community involvement of employees.
As an independent investment dealer, the company is dedicated to improving the lives of its clients and aims to forge long-term, personal relationships with them. Effectively achieving this starts from within, by building the right corporate culture, explains Paul Allison, Chairman & CEO.
"Our employees are our strongest asset with their high level of integrity and professionalism. We share the same values, we have an unwavering commitment to our clients and staff turnover is very low," Allison says.
Raymond James entered the Canadian marketplace 15 years ago. Over that time, it has built a reputation as a caring company in the communities it serves and through the ongoing career support offered to employees.
Tina Seifert, Syndication Administrator, has experienced both. She has been at Raymond James for 10 years, holding a number of progressive client-facing branch roles before switching to her current position in the equity capital markets group in October 2014. She says the firm provides lots of training and course subsidies to interested staff and was very encouraging of her career aspirations.
"Raymond James originally helped me obtain my investment, financial advisor, options and branch manager licences and then later move into a different part of the business," she explains. "I have never had the desire to leave the company as it has given me the opportunity to grow here."
Seifert also has an active personal life, competing in the ITU World Triathlon Championship in Edmonton in 2014 and Chicago this year. In addition, she participated in the inaugural Ride to Conquer Cancer in 2008 and Tour for Kids supporting the Coast to Coast Against Cancer Foundation in 2011 and 2012. Raymond James has helped with donations and supported her training schedule.
In 2012, the firm created the Raymond James Canada Foundation to manage its expanding charitable initiatives. The foundation runs an annual giving campaign where it matches staff donations to their chosen charities. Recent causes included raising money for victims of the Nepal earthquake in 2015, the Alberta floods and the Philippine typhoon in 2013, Japan's tsunami in 2011 and the Haiti earthquake in 2010.
And last year a group of employees including Seifert travelled to Nicaragua to help build a school for local children. The company was also the lead sponsor of the Prostate Cancer Foundation 2015 Father's Day Walk/Run in B.C.
Supporting female financial advisors is another significant initiative. Raymond James hosts an annual women's network to help them expand their knowledge, expertise and business in a collaborative setting, explains Allison.
"Over half of our North American private wealth clients are women, so it's important we encourage more female advisors in what is still a male-dominated industry," he says.
And following feedback from its employee engagement survey, the company is doing more to help employees who are new parents. It has introduced maternity leave top-up payments plus parental leave top-up payments for fathers and adoptive parents.
The firm is also focused on becoming an environmentally responsible corporate citizen. It is committed to managing its offices sustainably and offers clients secure, paperless communications and statements.
"I love the Raymond James workplace culture," says Seifert. "I wake up in the morning and look forward to coming to work."
This article appeared in the magazine announcing this year's Canada's Top 100 Employers winners, published November 9, 2015 in The Globe and Mail. This article was prepared with the financial support of the employer, which did not write or edit its contents.