Prestigious award honours CIBC Mellon's success in leveraging a rewards and recognition strategy to recruit, retain, motivate and engage employees
TORONTO, Sept. 24, 2015 /CNW/ - CIBC Mellon has earned one of Canada's most prestigious human resources industry honours, winning "The Cotton Candy Award for Best Reward and Recognition Strategy" at the 2015 Canadian HR Awards. Across 19 categories, more than 1,000 Canadian corporations and HR professionals were nominated for a 2015 Canadian HR Award, with winners selected by six independent judges and announced at a black-tie gala in Toronto on September 17.
"We are proud to earn this award, which recognizes CIBC Mellon as a Canadian leader in delivering meaningful and effective rewards and recognition for employees," said Sue Simone, Senior Vice President, Human Resources and Corporate Communications, CIBC Mellon. "Recruiting, retaining and motivating talented employees is critical to achieving success, which is why we continue to invest in making CIBC Mellon a place where great people want to be."
"When considering the Finalist submissions for the "Best Reward and Recognition Strategy" award for 2015, our judges were asked to consider the company's innovation, commitment and success in providing meaningful reward and recognition programming for its employees," said event organizer Jessica Duce. "Finalists were asked to demonstrate the ways in which their reward and recognition efforts are closely aligned to their business goals, and to demonstrate a clear and positive impact on employee engagement, retention and productivity. Congratulations to CIBC Mellon and its employees for their very engaging and impactful rewards and recognition program."
CIBC Mellon's employee Total Rewards package includes pay-for-performance compensation programs, a flexible benefits program, a company-paid pension plan, an RRSP matching program, an array of employee discount programs, on-the-spot awards and more. CIBC Mellon employees can earn recognition for living the company's values of client focus, teamwork, integrity and excellence, with an array of programs including:
- The MyRecognition online platform empowers employees to publicly recognize their peers' contributions and earn points towards thousands of rewards. To launch the program, CIBC Mellon's CEO led a marching band to surprise a few deserving recipients. Watch the video at www.vimeo.com/cibcmellon/myrecognition
- Peers' Choice Awards provide employees with a meaningful way to recognize their colleagues when they demonstrate CIBC Mellon's values.
- The President's Leadership Award recognizes an employee for consistently demonstrating exceptional leadership qualities and contributing in a way that inspires and motivates others.
Career-seekers can learn more about careers at CIBC Mellon and review current openings at www.cibcmellon.com/careers
About The Canadian HR Awards
Sometimes called the "Oscars of Canadian HR", the Canadian HR Awards recognize innovation, excellence and success in people management. More than 600 of Canada's most talented human resources leaders gathered on September 17, 2015 at Toronto's Liberty Grand for a black tie gala to celebrate the achievements of the HR industry's best innovators. The final selection in each category was the result of an exhaustive adjudication process, with the judging panel vetting hundreds of nominations before extending final nods. The Awards are produced by HRM Online and Human Resources Director Canada. www.hrawards.ca
About CIBC Mellon
CIBC Mellon is a Canadian company exclusively focused on the investment servicing needs of Canadian institutional investors and international institutional investors into Canada. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon (BNY Mellon) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon's investment servicing solutions for institutions and corporations are provided in close collaboration with our parent companies, and include custody, multicurrency accounting, fund administration, recordkeeping, pension services, securities lending services, foreign exchange settlement and treasury services. As at June 30, 2015, CIBC Mellon had more than C$1.5 trillion of assets under administration on behalf of banks, pension funds, investment funds, corporations, governments, insurance companies, foreign insurance trusts, foundations and global financial institutions whose clients invest in Canada. CIBC Mellon is part of the BNY Mellon network, which as at June 30, 2015 had US$28.6 trillion in assets under custody and/or administration and US$1.7 trillion in assets under management. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY Mellon trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.
For more information, visit cibcmellon.com or follow us on Twitter @CIBCMellon.
SOURCE CIBC Mellon
For further information: CIBC Mellon media contact: Brent Merriman, Corporate Communications, CIBC Mellon, +1 416-643-5065, [email protected]; Career-seekers: learn more about careers at CIBC Mellon and review current openings at www.cibcmellon.com/careers; Canadian HR Awards: Jessica Duce, Event Organizer, KMI Media, +1 416-644-8740 x230, [email protected]