AEP Receives Sloan Award for Business Excellence in Workplace Flexibility
29 September 2009 - 6:36PM
PR Newswire (US)
COLUMBUS, Ohio, Sept. 29 /PRNewswire/ -- American Electric Power
(NYSE: AEP) has been selected as a winner of the 2009 Alfred P.
Sloan Award for Business Excellence in Workplace Flexibility. The
national awards program recognizes organizations that successfully
use workplace flexibility to meet both employer and employee goals.
As a winner, AEP ranks in the top 20 percent of employers
nationally in terms of flexible work programs, policies and
culture. The rankings were determined by comparing information on
the company's programs and policies to nationally representative
data from the Families and Work Institute's National Study of
Employers, then corroborating the company information through a
survey of employees. "The way we do work has changed dramatically
over the past decade, thanks to the Internet, mobile phones,
laptops and other new technologies," said Mary Cofer, director of
diversity and culture for AEP. "Many individuals can now work
remotely and are no longer confined to an eight-to-five schedule,
especially in an industry like ours requiring 24/7 customer
service. So flexible work arrangements just make good business
sense. "Giving our employees flexibility in the workplace also
helps them better balance their work responsibilities and their
personal lives, which further increases their effectiveness on the
job," Cofer said. AEP was presented with the award at a breakfast
in Columbus today hosted by Action for Children's Circle of
Business, a membership alliance of central Ohio businesses working
to improve the integration of work and personal lives. The Sloan
Awards for Business Excellence are part of the "When Work Works"
project, which is an ongoing initiative of: Families and Work
Institute, a nonprofit research organization that studies the
changing work force, family and community; the Institute for a
Competitive Workforce, an affiliate of the U.S. Chamber of
Commerce; and the Twiga Foundation, which is dedicated to
inspiring, promoting and maintaining a family consciousness at
home, in the workplace and in the community. Through "When Work
Works," these organizations provide research, resources and
recognition to employers nationwide in regard to effective,
flexible workplaces that meet 21st-century needs. American Electric
Power is one of the largest electric utilities in the United
States, delivering electricity to more than 5 million customers in
11 states. AEP ranks among the nation's largest generators of
electricity, owning nearly 38,000 megawatts of generating capacity
in the U.S. AEP also owns the nation's largest electricity
transmission system, a nearly 39,000-mile network that includes
more 765-kilovolt extra-high voltage transmission lines than all
other U.S. transmission systems combined. AEP's transmission system
directly or indirectly serves about 10 percent of the electricity
demand in the Eastern Interconnection, the interconnected
transmission system that covers 38 eastern and central U.S. states
and eastern Canada, and approximately 11 percent of the electricity
demand in ERCOT, the transmission system that covers much of Texas.
AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian
Power (in Virginia and West Virginia), AEP Appalachian Power (in
Tennessee), Indiana Michigan Power, Kentucky Power, Public Service
Company of Oklahoma, and Southwestern Electric Power Company (in
Arkansas, Louisiana and east Texas). AEP's headquarters are in
Columbus, Ohio. DATASOURCE: American Electric Power CONTACT: Tammy
Ridout, Corporate Media Relations, American Electric Power,
+1-614-716-2347 Web Site: http://www.aep.com/
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