Sourced from Dubois County Free Press
WorldatWork, a nonprofit HR association and compensation authority, announced Old National Bank has earned WorldatWork’s Seal of Distinction for 2017. The seal is a unique mark of excellence designed to identify organizational success in total rewards effectiveness.
Old National is one of 160 organizations to be honored as a 2017 recipient. This is the fifth consecutive year Old National Bank has earned the award and the only company in Indiana to be honored with the Seal of Distinction in 2017. All of the 2017 recipients will be recognized during the WorldatWork Total Rewards Conference & Exhibition, held in Washington, D.C. from May 7-10.
“Old National strives to offer benefit programs that are highly valuable to our associates and their families, and this award helps validate that we are on the right path,” said Kendra Vanzo, Old National Bank EVP, Associate Engagement and Integration. “And we are excited to continue to enhance our program with new offerings such as our employer-sponsored Activate Health & Wellness Centers.”
Since 2012, the prestigious Seal of Distinction has been awarded to companies that meet defined standards of workplace programs, policies and practices weighted on several factors, such as the complexity of implementation, required organizational resources, perceived breadth of access and overall level of commitment from leadership. Applicants are evaluated on:
Health & wellness
Pay for time not worked
Unpaid time off
Retirement
Perquisites
Base pay
Bonus programs
Short-term incentives
Long-term incentives
Performance management
Recognition
Development opportunities
Caring for dependents
Culture initiatives & community involvement
Financial wellness
Workplace flexibility
Workforce experience
“We congratulate all of the recipients of the 2017 Seal of Distinction. These recipients represent a wide variety of industries from across the U.S. and Canada, showing that the total rewards model applies to employers and employees everywhere,” stated Anne C. Ruddy, president and CEO of WorldatWork. “This year, we saw the highest number of applicants since the Seal of Distinction was created. I’m confident that this means an increasing number of companies are recognizing the importance of a workplace environment that benefits both the employer and employee.”
This year’s recipients represent industries of education, finance, government, health, law, manufacturing, and pharmaceuticals – and hail from 36 states, the District of Columbia and Canada. The 2017 list includes 80 companies who are first-time Seal of Distinction recipients. Eighty companies have received the seal in previous years. In addition, 11 organizations have qualified every year since WorldatWork started presenting the Seal of Distinction in 2012.