BENTON HARBOR, Mich.,
Jan. 20, 2017 /PRNewswire/
-- Whirlpool Corporation has earned WorldatWork's Seal
of Distinction for 2017. The seal is a unique mark of excellence
designed to identify organizational success in Total Rewards
effectiveness and is given by WorldatWork, a nonprofit HR
association and compensation authority. Whirlpool Corporation is
one of 160 U.S. organizations to be honored, sharing the
distinction with companies such as Herman
Miller, MasterCard and KPMG.
Whirlpool Corporation offers a wide range of competitive
employee benefits programs, accessible to both hourly and salaried
employees. Examples of programs Whirlpool is particularly proud of
are the aggressive 401k employer contribution, automatic enrollment
and their onsite wellness resources.
In an effort to help employees sufficiently save for retirement,
an employee contribution to the 401k of 5% receives an additional
7% company contribution. Whirlpool Corporation increases the
employee contribution automatically by 1% each year until it
reaches 15% or the IRS limit, or the employee opts out.
Whirlpool Corporation's onsite wellness offers both salaried and
hourly employees in-person access to health coaches, pharmacists,
and Employee Assistance Program counselors. Many locations also
feature onsite health centers with nursing staff available to
provide basic healthcare.
"We believe people who are physically healthy, financially
stable, and who maintain a good work-life balance not only live
better; they work better," said Ed
Mohr, vice president of Total Rewards at Whirlpool
Corporation. "You see evidence of that on the manufacturing floor,
in offices–everywhere. Our goal is to make sure that our employees
have the tools, programs and inspiration to improve their personal
wellness as well as their family's."
Since 2012, the Seal of Distinction has been awarded to
companies that meet defined standards of workplace programs,
policies and practices weighted on several factors, such as the
complexity of implementation, required organizational resources,
perceived breadth of access and overall level of commitment from
leadership. Applicants are evaluated on programs from all aspects
of human resources, such as bonus programs, performance management
and recognition.
"We congratulate all of the recipients of the 2017 Seal of
Distinction. These recipients represent a wide variety of
industries from across the U.S. and Canada, showing that the total rewards model
applies to employers and employees everywhere," stated Anne C. Ruddy, president and CEO of WorldatWork.
"This year, we saw the highest number of applicants since the Seal
of Distinction was created. I'm confident that this means an
increasing number of companies are recognizing the importance of a
workplace environment that benefits both the employer and
employee."
About Whirlpool
Corporation
Whirlpool
Corporation (NYSE: WHR)
is the number one major appliance manufacturer in the world, with
approximately $21
billion in annual sales, 97,000
employees and 70 manufacturing and technology research centers in
2015. The company markets Whirlpool, KitchenAid, Maytag, Consul,
Brastemp, Amana, Bauknecht, Jenn-Air, Indesit and other major brand
names in nearly every country throughout the world. Additional
information about the company can be found
at WhirlpoolCorp.com,
or find us on Twitter at @WhirlpoolCorp.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/whirlpool-corporation-receives-worldatwork-2017-seal-of-distinction-300394248.html
SOURCE Whirlpool Corporation