Organizations honored as psychologically healthy workplaces
By Marketing and Business Development Staff
March 31, 2010 — “Employers who understand the link between employee well-being and organizational performance are best positioned for success in the economic recovery,” says David W. Ballard, PsyD, MBA, assistant executive director for marketing and business development at the American Psychological Association (APA).
At a ceremony emceed by Dr. Ballard in Washington, DC, on March 6, 2010, the APA recognized five organizations for their comprehensive workplace practices to foster employee health and well-being and enhance organizational performance.
Companies presented with the American Psychological Association's 2010 Psychologically Healthy Workplace Award were:
American Cast Iron Pipe Company (Alabama)
Tallahassee Memorial HealthCare (Florida)
Advanced Solutions (British Columbia)
Toronto Police Service (Ontario)
Leaders Bank (Illinois)
Read and watch video clips about the 2010 PHWA winners.
These five organizations reported an average turnover rate of just 9 percent in 2009 – significantly less than the national average of 41 percent as estimated by the U.S. Department of Labor, Bureau of Labor Statistics.
Surveys completed by the winning organizations show that only 30 percent of employees reported experiencing chronic work stress compared to 41 percent nationally, and 73 percent of employees reported being satisfied with their jobs, compared to only 65 percent nationally.
Additionally, 67 percent of employees said they would recommend their organizations to others as a good place to work, compared to 54 percent nationally and only 12 percent said they intend to seek employment elsewhere within the next year, compared to 31 percent nationally.
“The award winners have implemented programs and policies that reap rewards for both employee and employer alike,” notes Dr. Ballard.
In addition to the PHWA winners, 10 organizations received Best Practices Honors for a single program or policy that meets the unique needs of the organization and its workforce.The Psychologically Healthy Workplace Program is a collaborative effort between the American Psychological Association and the APA Practice Organization that is designed to help employers optimize employee well-being and organizational performance. The Program consists of APA's Psychologically Healthy Workplace Awards, support of local programs currently implemented by 52 state, provincial and territorial psychological associations and a variety of APA Practice Organization resources, including a Web site, newsletter, blog, podcast and programming for employers and the psychologists who work with them. More information about the Psychologically Healthy Workplace Program is available online.