Press release
AEP RECOGNIZED FOR EMPLOYEE ENGAGEMENT EFFORTS, RECEIVES GALLUP'S EXCEPTIONAL WORKPLACE AWARD
COLUMBUS, Ohio, March 29, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has received the 2023 Gallup Exceptional Workplace Award, which
About this update from American Electric Power Company, Inc.
[{"type":"text","content":"COLUMBUS, Ohio, March 29, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has received the 2023 Gallup Exceptional Workplace Award, which recognizes organizations that incorporate employee engagement into core business values. This is the fourth consecutive year AEP has been honored with the award.\nOrganizations that administered Gallup's Q12 employee engagement survey, achieved a participation rate of 80% or higher and received a GrandMean above a certain threshold were invited to apply for the award. A panel evaluated applicants and assessed them against criteria established by Gallup's employee engagement and performance data study. Applicants were compared to Gallup's extensive database of the world's most productive and profitable companies, and only organizations in the top tier of the database qualified to win. AEP was one of 57 companies selected to receive the award.\nGallup's research indicated the engagement level among Exceptional Workplace award winners is 72%. On average, award winners have 18 engaged employees for every one actively disengaged employee, which is 10 times the rate in the U.S. and 16 times the global average.\n\"A key part of our strategy to drive growth is to create a high-performance work culture where all employees feel valued,\" said Julie Sloat, AEP president and chief executive officer. \"Our ability to execute and deliver for our customers and communities relies upon attracting and retaining top talent. We're proud to be recognized as an exceptional workplace and will continue to invest in building an engaged workforce focused on safety, collaboration and innovation.\"\nLearn more about AEP's efforts to create the workforce of the future.\nAmerican Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 17,000 employees operate and maintain the nation's largest electricity transmission system and more than 224,000 miles of distribution lines to safely deliver reliable and affordable power to 5.6 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 31,000 megawatts of diverse generating capacity, including more than 6,900 megawatts of renewable energy. The company's plans include growing its renewable generation portfolio to app...