Recognized as one of Canada's Top 100 Employers (2018)
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Nov 6, 2017)
Here are some of the reasons why Thomson Reuters Canada Limited was selected as one of Canada's Top 100 Employers (2018) and Greater Toronto's Top Employers (2017):
- Thomson Reuters encourages employees to become owners through a share purchase plan, available to all employees, and offers a full suite of financial benefits including profit-sharing, year-end bonuses for all and referral bonuses of up to $1,500
- Thomson Reuters reaches out to the next generation through paid internships and co-op placements, and launched an Early Careers Network in 2015 to help support early career professionals -- the Network has hosted panel discussions as well as a "Pitch and Present" event, allowing employees to connect across the company
- Thomson Reuters supports a number of charitable initiatives each year and offers employees paid time off to volunteer with their favourite organization -- the company also matches employee donations as well as provides financial donations to organizations where employees volunteer their time ($1,000 for every 20 hours)
Thomson Reuters drills for today's 'oil' -- information
If you're a techie and want to be in Toronto, Margaret Cichosz has a message for you: "We're hiring." In the offices that house Thomson Reuters Canada, there will eventually be up to 1,500 new workspaces for software developers and other digital specialists who'd like to be part of the famed global information company.
Cichosz, a Talent Acquisition Partner, has been working for a year to help staff up the Thomson Reuters Toronto Technology Centre, scouring the Toronto-Waterloo corridor for talent, as well as applicants from across Canada.
"We're building a team from scratch," she says. "We expect to have 200 people by the end of 2017 and plan to reach up to 1,500. It's an exciting time to join because there is so much opportunity. We have a culture of being new, and people are attracted to that."
The technology team will be supporting Thomson Reuters products and services worldwide, such as its finance, risk, tax and legal applications, as well as the legendary Reuters news agency, cloud computing, artificial intelligence and big-data analytics. "We're a jeans and T-shirt kind of place," says Cichosz. "Nobody has their own office. We're all working together collaboratively."
The expansion is related to Thomson Reuters' 2016 decision to move some of its senior leadership to Toronto from New York, making it a Canadian-based global company with some 50,000 employees in well over 100 countries. That makes it all the more attractive to Canadian recruits, notes Neil Sternthal, Thomson Reuters Canada Managing Director for Legal and Tax Divisions.
"We are working with the 'oil' of the 21st century -- knowledge and information," he says. "We are also combining information and technology, which we're really good at. So it's an exciting place to work because it's a truly global company but it's also a Canadian company. That offers unique opportunities to people in this country."
Outside of the new tech centre, which operates globally, Thomson Reuters Canada employs over 1,200 people who focus mainly on providing high-value content, information solutions and services to Legal, Financial Services and Tax & Accounting customers. The company is also Canada's largest legal publisher. These teams require a wide range of specialties, from journalists and professional experts to corporate functions.
There are plenty of opportunities for employee engagement, says Sternthal, such as a recognition program, career and leadership development, and "Swap a Leader Day", in which a different manager is adopted by another team. Diversity and inclusion is a key priority and core to the culture. The company also builds pride by supporting important community initiatives, such as The Canadian Centre to End Human Trafficking, Legal Leaders for Diversity and Pro Bono Students Canada.
But to Sternthal, whose background is in law, the element that truly sets the company apart for its employees is the Thomson Reuters Trust Principles, first created for Reuters news agency in 1941 and incorporated into the company charter when the Thomson Corporation, founded in the 1930s by Toronto-born Roy Thomson (later Lord Thomson of Fleet), acquired Reuters in 2008. These enshrine the company's ethical foundation based upon independence, integrity and freedom from bias in the gathering and dissemination of news and information.
"These principles underpin our entire business, whether you're a journalist or you work in the financial or legal side of the business," says Sternthal. "Being part of a company that holds itself accountable to these ethical principles is something we're all really, really proud of. We are working for an organization that stands for something much bigger and more important than ourselves. And it's something the global community needs more than ever these days."