What makes this extra special for Equitable is that it was our employees who were largely responsible for our receiving it – they made it happen.
Salt Lake City, Utah (PRWEB) October 29, 2011
Equitable Life & Casualty Insurance Company, based in Salt Lake City, has been honored with the 2011 Alfred P. Sloan Award for Business Excellence in Workplace Flexibility for its use of flexibility as an effective workplace strategy to increase business and employee success.
This prestigious award, part of the national When Work Works project, recognizes employers of all sizes and types across the country.
“We are honored to receive this impressive award in recognition of our workplace,” said Rod Ross, Chairman and CEO of Equitable. “What makes this extra special for Equitable is that it was our employees who were largely responsible for our receiving it – they made it happen. I could not be more proud of our company and our outstanding employees.”
Workplace flexibility—such as flextime, part-time work and compressed workweeks—has been demonstrated to help businesses remain competitive while also benefiting employees as well.
“Our research consistently finds that employees in effective and flexible workplaces have greater engagement on the job and greater desire to stay with their organization. In addition, they report lower stress levels and better overall health,” states Ellen Galinsky, president of Families and Work Institute (FWI), a research think tank on workforce and workplace trends that administers the awards.
The Sloan Awards are unique for their rigorous, two-step selection process, which involves an evaluation of employers’ flexibility programs and practices, and a confidential employee survey. All applicants are measured against national norms from FWI’s National Study of Employers.
“As a recipient of the 2011 Sloan Award, Equitable Life & Casualty ranks in the top 20% of employers nationally in terms of its programs, policies and culture for creating an effective and flexible workplace,” states Galinsky. “In addition, what makes this honor so special is that their employees have corroborated this, affirming that it is indeed an effective and flexible workplace.”
Equitable will be recognized as a 2011 Sloan Award recipient at an upcoming event hosted by the Salt Lake Chamber. For details please contact the Salt Lake Chamber at 801.364.3631.
When Work Works is a national project to educate the business community on the value of workplace flexibility by sharing research and promising practices, and conducting the annual Sloan Awards. It is an ongoing initiative of Families and Work Institute first funded by the Alfred P. Sloan Foundation. In 2011, the Society for Human Resource Management and FWI formed a ground-breaking, multi-year partnership to grow When Work Works and help businesses become more successful by transforming the way they view and adopt effective and flexible workplaces.
For more information about the When Work Works project and the Alfred P. Sloan Awards for Business Excellence in Workplace Flexibility, visit http://www.whenworkworks.org.
About Equitable Life & Casualty Insurance Company
Equitable Life & Casualty, domiciled in Utah, focuses on offering innovative and affordable life and health insurance solutions that provide financial security and peace of mind for its policyowners and their families. Conceived in 1935 as a mutual benefit association, today Equitable is Utah’s oldest active life insurer and is authorized to conduct business in 45 states and the District of Columbia. The company’s home office, located in Salt Lake City, employs 140 people dedicated to providing superior, friendly personalized service to its policyowners and the 3500 independent professional agents who market Equitable’s products across the United States.
About When Work Works
When Work Works is a leading national initiative to help businesses of all sizes and types become more successful by transforming the way they view and adopt effective and flexible workplaces. When Work Works is one of the foremost providers of rigorous research and employer best practices on workplace effectiveness and flexibility in the nation, and administers the prestigious Alfred P. Sloan Awards for Business Excellence in Workplace Flexibility annually, which recognize exemplary employers for using flexibility as an effective workplace strategy to increase business and employee success. http://www.whenworkworks.org @FWInews