Canadian business recognized
American International Group’s (AIG) Canadian business unit, AIG Canada, announced on February 13, 2018, that it had made the list of Canada’s Top 100 Employers of the younger generation.
In this competition, the evaluation process is carried out on the basis of the initiatives and rewards employers provide in order to attract and retain young people.
This special recognition is given to those employers that provide mentorship, tuition assistance, and other employee-friendly programs after course completions or promotions. However, a careful analysis is also conducted with respect to employers’ career-management initiatives for the benefit of young people.
According to AIG Canada’s management, the company has several initiatives that have been created for the purpose of retaining and attracting young people. The company prefers to make investments in the overall development of its employees to help them in their careers.
AIG Canada has several initiatives for employees of all age groups as well as for young people. Among these programs, the company offers a career analyst program, which helps students to experience work life. A student can enroll in this program while completing the final year of his or her undergraduate program.
AIG’s price-to-sales ratio is 1.04x on a trailing-12-month basis. Its peers Arch Capital Group (ACGL), Travelers Companies (TRV), and CNO Financial Group (CNO) have price-to-sales ratios of 2.14x, 1.31x, and 0.87x, respectively, on a trailing-12-month basis.