Alfred P. Sloan Award
for Business Excellence in Workplace Flexibility
2008 Winners Announced
The 2008 winners of the Alfred P. Sloan Awards for Business Excellence in Workplace Flexibility in the Richmond area are:
:: Bon Secours Richmond Health System
:: Capital One Financial
:: HRH
:: Lee Hecht Harrison
:: Rink Management Service Corporation
:: VCU Health Systems
To learn more about this prestigious award and the application process, click here
| Today's workforce is different than the US workforce in the past*. |
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It is more ethnically diverse-21 percent are people of color today versus 12 percent in 1977. |
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It includes almost equal numbers of men and women-51 percent men and 49 percent women. |
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It has also aged as the Baby Boom generation has moved through the ranks-with fewer young employees (22% under 30 today versus 37% in 1977) and more older employees (56% are 40 or older today versus 38% in 1977). |
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| This is not your father's workforce*. |
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In fact, far fewer fathers are the only ones bringing home the bacon-one in three (33%) today, compared with just more than one in two (51%) 25 years ago. |
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The job-for-life has been replaced with growing job mobility and job insecurity-only 36 percent feel truly secure in their jobs (or report that it is not at all likely that they will lose their jobs in the next two years) versus 45 percent 25 years ago. |
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Employees no longer work from 9 to 5-men now work 48.2 hours per week on average while women (including the 24% who work part-time) average 41.4 hours. And just more than one in four (26%) U.S. employees works at least one weekend day. |
*When Work Works: A Summary of Families and Work Institute Findings 2007.
The workplace is changing rapidly. Businesses must be flexible in adapting to this change. A company's workforce and how it is organized has grown in its importance to where it is ‘the' strategic element to leverage. It is the one thing a company can exercise the most control over…how it trains, motivates and retains its most valuable asset, its workforce.
The Greater Richmond Chamber has joined the U.S. Chamber of Commerce's Institute for a Competitive Workforce and the Richmond Human Resources Management Association (RHRMA) in sponsoring an award honoring achievement in workplace flexibility. The award is the Alfred P. Sloan Award for Business Excellence in Workforce Flexibility which was established to increase employers' awareness, understanding, and utilization of workplace flexibility as a business strategy.
The Business Excellence in Workforce Flexibility award is part of our local Employer All Star Awards event. These awards were created to recognize and honor the stellar achievements of businesses that make a practice of building a world-class workforce. The Employer All Star Awards program is in its ninth year and is jointly hosted by the Greater Richmond Chamber and the local RHRMA. This year the event will be held at the Greater Richmond Convention Center on May 7, 2008.
How Do I apply for the Sloan Award?
All organizations with 10 or more employees in the greater Richmond area are eligible to apply. Applications are conducted online for a period of approximately 6 weeks, and end Thursday, February 28, 2008. To view last years area and national winners or for more information about applying for the Alfred P. Sloan Awards for Business Excellence in Workplace Flexibility, please go to http://whenworkworks.org/awards/2008index.html
The Employer All Star Awards program supports the Chamber's work with the of employment, education and economic development communities in building a quality workforce in Greater Richmond and continues to honor achievements of both public and private sector organizations in workforce development.
