Enter Wall Street with StreetInsider Premium. Claim your one week free trial here.
SAN JOSE, Calif., Oct. 13, 2022 (GLOBE NEWSWIRE) — The Great Place to Work® Institute has named California Water Service Group (Group) (NYSE: CWT) a Great Place to Work for 2022-2023, the utility announced today today. This is the seventh consecutive year that the Group has won this honor.
The two-part Great Place to Work® certification includes a Culture Audit© and a Trust Index©. The Culture Audit© focuses on company programs and practices related to hiring, internal communication, development opportunities, training, recognition and diversity; the Trust Index© is based on feedback from all full-time employees. The results were compared to other top US workplaces to determine the company’s placement.
According to President and CEO Martin A. Kropelnicki, the company evaluated opportunities to improve the employee experience because when it takes care of employees, employees can take care of its customers. For example, the company enhanced an already strong benefits package that includes, beyond insurance and pension plans, a family scholarship fund, a charitable donation program, a purchase of shares for employees and, where possible, flexible working hours. Through company-wide employee surveys, focus groups for individual contributors and managers, and support from the leadership team, the Group has also developed a new internal communications strategy comprehensive to complement ongoing efforts and keep employees informed and engaged.
“Our goal is to improve the quality of life not only for our customers, communities and shareholders, but also for our employees. We value our more than 1,200 team members and believe that being a great place to work for them will allow them to continue to focus on quality, service and value to our customers, communities and shareholders,” said Kropelnicki. . “It is an honor to be recognized by the Great Place to Work® Institute year after year, and we will continue to work hard to earn the trust and satisfaction of our employees.”
About California Water Service GroupCalifornia Water Service Group is the parent company of the regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service and Texas Water Service, a utility holding company. Together, these companies provide regulated and unregulated water and sanitation services to more than 2 million people in California, Hawaii, New Mexico, Texas and Washington. Common stock of California Water Service Group trades on the New York Stock Exchange under the symbol “CWT”. Additional information is available online at www.calwatergroup.com.
Media ContactYvonne Kingman[email protected] 310-257-1434
Source: California Water Utilities Group