Attracting and retaining talented, motivated employees is vital to our company’s success. With a highly skilled, dedicated craft and technical workforce demonstrating a voluntary turnover rate of less than 1 percent, and an overall companywide voluntary turnover rate of less than 3 percent at the end of 2011, it is clear that we are an employer of choice in the communities we serve.
Our workforce strategy recognizes the significant value of leveraging high schools, community colleges and four-year institutions to build our pipeline of future technicians, operators, professionals and leaders.
Five years ago, Progress Energy launched an employee wellness program called Healthy Progress. The mission of this program is to improve the overall quality of life and enhance the safety and productivity of our employees by providing wellness resources. Through this incentive-based program, all regular, active, full-time employees have access to on-site screenings, online health assessments, coaching and educational materials designed to help them achieve healthier lifestyles.
Between 2007 and 2011, 82 percent of the eligible employee population participated in at least one component of the wellness program. Categories include self-reported information such as diet, exercise, stress, tobacco use and safety as well as biometric data such as weight, waist girth and BMI, blood pressure and cholesterol. In addition to improving employees’ quality of life, the program’s support for employees’ commitment to live a healthier lifestyle will help in controlling health care costs for our company.
Health care expenses
Health care expenses continue to be a major concern for companies and individuals across the country. Progress Energy remains committed to paying the major share of health plan costs – more than 75 percent overall – which is competitive with other companies in our industry and companies in the regions we serve. This philosophy is one way to ensure we continue to attract and retain top talent.
Cultivating an inclusive work environment is a clear expectation for all Progress Energy leaders and employees. Our success depends on attracting, engaging and retaining a talented and diverse workforce that reflects the communities we serve. In addition, company policies must be fair.
Each business unit has its own diversity and inclusion council, which is chaired by its senior executive. Our Senior Management Committee, led by Chairman, President and CEO Bill Johnson establishes the direction for diversity and inclusion and oversees all strategic workforce issues involving attracting, engaging and retaining top talent.
All new employees attend the required full-day culture training session within their first six months of employment. We also offer race awareness workshops to employees and have a team of employees across the company certified to conduct workshops on a range of diversity topics.
To support business and employee needs, we currently have five employee network groups: African Americans in Progress, Latin American Employee Alliance for Diversity, Women’s Insight Network, New Employee Opportunities Network, and Progress Inclusion and Disability Education. These groups are self-managed and focus on employee professional development and networking, community outreach, cultural awareness and recruiting and retention. All employees are welcome to join any network group.