Regions Named Gallup Great Workplace Award Winner Two Years Running
MAY 6, 2016 - 6:05 am
Regions Bank won the 2016 Gallup Consulting Great Workplace Award. The award recognizes organizations that create an engaged workplace culture across teams, departments and locations to drive real business outcomes. This is the second consecutive year that Regions received the award.
“I am very pleased that, for the second year in a row, Regions has received the Gallup Great Workplace Award,” said Grayson Hall, chairman, president and CEO of Regions. “One of our strategic priorities is to ‘Build the Best Team,’ and a key driver to achieve this goal is to create a culture of engagement at Regions.”
Regions is one of 35 companies worldwide recognized by Gallup. These organizations had an average ratio of 14 engaged employees to one actively disengaged employee. This is more than seven times what Gallup found in nationally representative U.S. polling and more than 21 times what Gallup found in nationally representative polling in 142 countries worldwide.
Each award recipient has linked engagement performance to business outcomes and has integrated engagement in four key areas: strategy and leadership, accountability and performance, communication and knowledge management and developing ongoing learning.
Gallup has studied millions of employees in hundreds of organizations and countries and discovered that employee engagement sets great workplaces apart. Gallup’s research indicates that increasing engagement in the workplace leads to higher productivity, profitability and customer ratings, along with lower turnover and absenteeism and fewer safety incidents.
“The world’s top-performing organizations help lead the global economy by engaging their workforces,” said Jim Harter, Ph.D., Gallup’s chief scientist of workplace management and well-being. “Gallup’s Great Workplace Award winners understand and acknowledge the importance of employee engagement by making it a vital part of their organization while using it as a driving force to create real business outcomes.”
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