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CIBC Mellon named one of the Achievers 50 Most Engaged Workplaces™ in Canada

August 27, 2012

TORONTO, Aug. 27, 2012 /CNW/ - CIBC Mellon is pleased to recognize its employees' dedication and commitment to clients, as the company was named among the Achievers 50 Most Engaged Workplaces™ in Canada for 2012. This annual award recognizes top employers that display leadership and innovation towards engaging their employees.

"To be the best in our industry, we depend entirely on motivated, engaged and responsible employees - and they, in turn, are rewarded for doing the right thing,"  said Sue Simone, senior vice president, human resources and corporate communications, CIBC Mellon.  "Our commitment to 'doing well by doing right' helps us recruit, engage, and retain the very best - so that our clients receive the very best."

"Like all the Achievers 50 Most Engaged Workplaces™, CIBC Mellon clearly understands that working to improve on employee engagement is a great investment. Companies that focus on employee engagement tend to perform better financially, attract and retain the best talent and enjoy improved customer service and client retention," said Razor Suleman, founder and chairman of Achievers. "CIBC Mellon and the rest of the companies we recognize this year serve as role models for other businesses to engage their own employees and build success."

In its submission to the Achievers 50 Most Engaged Workplaces™ Awards, CIBC Mellon highlighted:

  • The company's commitment to continuous efforts to positively influence employee engagement.
  • A holistic total rewards philosophy that spans a spectrum including pay and benefits, learning, performance and recognition, life-flexibility programs, volunteerism and workplace environment.
  • A company-wide drive to engage employees in community volunteering - to date in 2012, more than a third of the company's employees have taken advantage of the opportunity to volunteer (with pay) in support of a local charity during regular working hours.
  • A belief in lifelong learning, which includes an in-house leadership development program, access to an extensive e-learning library, skills workshops, a mentorship program, an external tuition allowance and more.
  • CIBC Mellon's near-perfect client retention and a success rate above 75 per cent for new business pitches, which clearly demonstrate that employees are engaged in the company's success.

The Achievers 50 Most Engaged Workplaces™ Awards panel of judges evaluated each applicant based on the Eight Elements of Employee Engagement™: Communication, Leadership, Culture, Rewards & Recognition, Professional & Personal Growth, Accountability & Performance, Vision & Values and Corporate Social Responsibility.

The panel of judges included Bruce Bolger, managing director of Enterprise Engagement Alliance, Stacia Garr, principal analyst of Bersin & Associates, Debbie McGrath, founder and chief instigator of HR.com and Razor Suleman, founder and chairman of Achievers.

To learn more about CIBC Mellon's employee experience, visit the company's Careers page.

About CIBC Mellon

CIBC Mellon is Canada's leader in asset servicing.  CIBC Mellon provides asset servicing solutions, including custody, multicurrency accounting, fund administration, unitholder recordkeeping, pension services and securities lending, for institutions and corporations. We have over 1,100 people dedicated to supporting more than 1,200 client relationships with Canadian banks, pension funds, investment funds, corporations, governments, insurance companies, foreign insurance trusts, foundations and global financial institutions whose clients invest in Canada.   As at June 30, 2012, CIBC Mellon held more than CAD$1.1 trillion of assets under custody and administration on behalf of our clients. CIBC Mellon is headquartered in Toronto, with offices across Canada in Vancouver, Calgary, London, Montreal and Halifax.  Founded in 1996, CIBC Mellon is 50-50 jointly owned by Canadian Imperial Bank of Commerce (CIBC) and The Bank of New York Mellon Corporation (BNY Mellon), the world's largest custodian. CIBC Mellon is part of the BNY Mellon network, which as at June 30, 2012 had USD$27.1 trillion in assets under custody and administration, USD$1.3 trillion in assets under management and global payments processed averaging $1.4 trillion per day.

For more information, visit www.cibcmellon.com or follow us on Twitter @CIBCMellon.

About Achievers

The Achievers mission is to Change the Way the World Works. We are accomplishing this by helping companies around the world recognize and reward positive employee behaviors on a daily basis resulting in higher employee engagement and better business results. With our award-winning technology, unmatched customer service and industry-leading expertise we have powered the world's most successful rewards and recognition programs. Check us out on the web at www.achievers.com.

CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY Mellon trade-marks.

SOURCE: CIBC Mellon