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Top Employers Find That in Tough Economic Times, a Healthy, Productive Workplace is More Important Than Ever
Date:3/2/2009

Five Organizations Receive APA's Psychologically Healthy Workplace Awards, Ten Honored for Best Practices

WASHINGTON, March 2 /PRNewswire-USNewswire/ -- While the impact of the economy can be felt across all industries, workplaces that continue to invest in employees during tough economic times reap rewards for employer and employees alike, reported the American Psychological Association (APA) at its Psychologically Healthy Workplace Awards ceremony yesterday. Five organizations were recognized by the APA for their comprehensive efforts to promote employee health and well-being while enhancing organizational performance.

Companies presented with the American Psychological Association's 2009 Psychologically Healthy Workplace Award were W R Systems, Ltd. -- Engineering Services Division (Virginia), Replacements, Ltd. (North Carolina), Teledyne Brown Engineering -- Huntsville Headquarters (Alabama), WorldatWork (Arizona) and Sandia Preparatory School (New Mexico).

These five organizations reported an average turnover rate of just 11 percent in 2008 -- significantly less than the national average of 39 percent as estimated by the U.S. Department of Labor, Bureau of Labor Statistics. Surveys completed by the winning organizations show that only 25 percent of employees reported experiencing chronic work stress compared to 39 percent nationally, and 85 percent of employees reported being satisfied with their jobs, compared to only 61 percent nationally. Additionally, 87 percent of employees said they would recommend their organizations to others as a good place to work, compared to 44 percent nationally and only 5 percent said they intend to seek employment elsewhere within the next year, compared to 32 percent nationally.

"While there is no denying that the current economic downturn may necessitate some belt-tightening, employers should be careful not to secure this quarter's financial returns
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SOURCE American Psychological Association
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