Babson Receives WorldatWork Seal of Distinction for Second Consecutive Year
WorldatWork, a nonprofit HR association and compensation authority, is proud to announce that Babson College 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. Babson is one of 160 organizations to be honored as a 2017 recipient. All of the 2017 recipients will be recognized during the WorldatWork Total Rewards Conference & Exhibition, held in Washington, D.C. from May 7-10.
“At Babson, we make the health and wellness of our employees a priority, and are constantly utilizing Entrepreneurial Thought and Action® to educate, promote, and empower members of the community to make positive lifestyle choices,” says vice president of Human Resources Donna Bonaparte. “Babson strives to provide a holistic approach to health and wellness by offering employees a variety of programs that meet their needs and help them to be well not only while they’re at Babson, but throughout their lives.”
Begun in 2012, the prestigious Seal of Distinction is 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:
- Health & wellness
- Pay for time not worked
- Unpaid time off
- Base pay
- Bonus programs
- Short-term incentives
- Long-term incentives
- Performance management
- Development opportunities
- Caring for dependents
- Culture initiatives & community involvement
- Financial wellness
- Workplace flexibility
- Workforce experience
“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.”
This year’s recipients represent industries of education, finance, government, health, law, manufacturing, and pharmaceuticals – and hail from 36 states, the District of Columbia and Canada. The 2017 list includes 80 companies who are first-time Seal of Distinction recipients. Eighty companies have received the seal in previous years. In addition, 11 organizations have qualified every year since WorldatWork started presenting the Seal of Distinction in 2012.
The Total Rewards Association
WorldatWork is a nonprofit human resources association and compensation authority for professionals and organizations focused on compensation, benefits and total rewards. It’s our mission to empower professionals to become masters in their fields. We do so by providing thought leadership in total rewards disciplines from the world’s most respected experts; ensuring access to timely, relevant content; and fostering an active community of total rewards practitioners and leaders.
WorldatWork has more than 70,000 members and subscribers worldwide; more than 80% of Fortune 500 companies employ a WorldatWork member. Founded in 1955, WorldatWork has offices in Scottsdale, Ariz., and Washington, D.C., and is affiliated with more than 70 human resources associations around the world.