Princes has been named Employer of the Year at The Grocer’s Gold Awards 2021.
A Grocer Gold Award is one of the highest accolades a company operating in the food and drink industry can receive.
Open to retailers, wholesalers and grocery manufacturers, the prestigious award is for the employer who, over the past 12 months, has ‘done the most to create a positive working environment, motivating, redirecting and training its people, and improving the company’s reputation and performance in the process.’
In announcing Princes as Employer of the Year at a glittering ceremony at London’s Guildhall hosted by Rt. Hon. Lord William Hague, the judges described Princes as a “true turnaround story”.
They went on to say: “In 2018, Princes suffered a 22% slump in pre-tax profits. That prompted a transformation – and Princes’ people were a crucial part of this mission.
“The starting point was a ‘People Excellence Strategy’ that went on to deliver concrete action. To reward achievement, it put in place a quarterly Pride in Princes awards programme that gave out cash prizes to high performers. This was followed by an Inclusion & Diversity programme in the summer.
“And to support health and wellbeing, Princes put together a monthly campaign with updates and information. Plus, it ensured staff weren’t out of pocket for Covid-related absences, and has committed to flexible working in the wake of the pandemic.
“Princes has not only managed to boost retention, but had a record number of entries to its Graduate Scheme in 2021.”
Other companies shortlisted for the award were Tesco, Aldi and Morrisons.
The judges were impressed by Princes’ commitment to ensuring that colleagues feel part of one team and that no matter where they are in the world, they have a common purpose in striving to achieve our vision to ‘proudly help families to eat well without costing the earth’.
Joe Dent, Princes’ Chief People Officer, said: “I am thrilled for everyone at Princes that our business has been named Employer of the Year in The Grocer’s Gold Awards. These awards are the most sought after in our industry.
“What is also exciting is that we are only at the beginning of our journey. There is still so much to do to complete the transformation of Princes into a true Employer of Choice.”