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Top Employers Show Investing In Health and Well-Being Leads to Business Success
Date:3/10/2008

Five Organizations Receive APA's Psychologically Healthy Workplace Awards,

Nine Honored for Best Practices

WASHINGTON, March 10 /PRNewswire/ -- Feeling overworked, underpaid, worried about job security and making ends meet, three-fourths of Americans say they are stressed about work and money. But workplaces that invest in the well-being of employees reap rewards for employer and employees alike, including benefits such as reduced stress, lower employee turnover and enhanced organizational performance.

At a ceremony in Washington DC yesterday, the American Psychological Association (APA) recognized five organizations for their comprehensive efforts to promote employee health and well-being, while enhancing organizational performance.

Companies presented with the American Psychological Association's 2008 Psychologically Healthy Workplace Award (PHWA) were Arkansas Educational Television Network, Cooperativa de Seguros Multiples de Puerto Rico, Nike Tennessee, Porter Keadle Moore (Georgia) and Westminster Savings Credit Union (British Columbia).

These five organizations report an average turnover rate of just 11 percent -- significantly less than the national average of 40 percent as reported by the U.S. Department of Labor, Bureau of Labor Statistics. Surveys completed by the winning organizations show that only 21 percent of employees reported experiencing chronic work stress compared to 34 percent nationally, and more than 80 percent of employees reported being satisfied with their job, compared to only 66 percent nationally.(1)

"Creating a psychologically healthy workplace means more than just remediating problems. It's about promoting good health, enhancing performance and creating a work environment where both employees and the organization can thrive," says David Ballard, PsyD, MBA, APA's assistant executive director for corporate relations and business strategy.

Winners also report cost savi
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SOURCE American Psychological Association
Copyright©2008 PR Newswire.
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