WATERLOO, Ontario, Nov. 9, 2015 /CNW/ -- OpenText™ (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), today announced it has been named as one of Canada's Top 100 Employers for the fifth consecutive year. The award recognizes companies with exceptional human resources programs and forward-thinking workplace policies.With a record number of employers applying for the Canada's Top 100 Employers competition, OpenText was selected after an extensive application process that included a detailed review of its operations and HR practices compared to others in their industry and region.
"This is a great recognition for OpenText and the OpenText Way," said OpenText CEO Mark J. Barrenechea. "The collective talent of our employees are the foundation of everything we do and what differentiates OpenText. Culture eats strategy for breakfast, and innovation and an entrepreneurial spirit inspires our employees so that they can perform at their personal and professional best."
"This year's Top 100 winners are influencing Canadians every day, and our goal is to document these leaders in the hope that they will inspire change for others," says Richard Yerema, Managing Editor at Mediacorp Canada Inc., which manages the competition. "We write about the employers that set the national benchmarks against which other organizations can compare their own initiatives and hopefully improve them."
Now in its 16th year, Mediacorp editors grade employers on eight criteria, which have remained consistent since the project began: (1) Physical Workplace; (2) Work Atmosphere & Social; (3) Health, Financial & Family Benefits; (4) Vacation & Time-Off; (5) Employee Communications; (6) Performance Management; (7) Training & Skills Development; and (8) Community Involvement. The editors publish detailed reasons for selection and grades for these criteria, providing transparency in the choice of winners and a catalogue of best-practices for employers and job-seekers alike.
The Top 100 winning organizations were announced in a special magazine published in The Globe and Mail. The full magazine and the editors' detailed reasons for selection are available online at: http://www.CanadasTop100.com/national.
OpenText enables the digital world, creating a better way for organizations to work with information, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTC) visit opentext.com.
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Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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