Company Again Receives National Recognition for Business Practices at
Awards Ceremony Hosted by Chandler Chamber of Commerce
Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of
microcontroller and analog semiconductors, today announced it has won the
Alfred P. Sloan Award for Business Excellence in Workplace
Flexibility for the fourth year in a row. The award distinguishes the
employer as one of the top practitioners of workplace flexibility in the
nation.
The Alfred P. Sloan Awards for Business Excellence in Workplace
Flexibility are part of the When Work Works project, an
ongoing initiative of the Families and Work Institute, the Institute for
a Competitive Workforce (ICW)—an affiliate of the U.S. Chamber of
Commerce, and the Twiga Foundation, which is designed to recognize
businesses that are dedicated to making work “work” for the employer and
the employees. Through When Work Works, these partner
organizations provide research, resources and recognition to businesses
nationwide, and share the results of their research on creating
effective and flexible workplaces that meet the needs of the 21st
century.
Applications for the Alfred P. Sloan Awards were open to all businesses
in Arizona with more than 10 employees that had been in business for at
least one year. Applicants were evaluated in a rigorous two-step
process, first comparing the employer’s application to nationally
representative data from the Families and Work Institute’s National
Study of Employers, and then validating what employers report
against employee responses. Winners of this prestigious award not only
offer excellent workplace flexibility policies and practices, but they
also use flexibility as a strategic business tool to benefit business
and employees.
“One of Microchip's guiding values is that employees are our greatest
strength,” said Lauren Carr, vice president of Global Human Resources
for Microchip. “We realize that in order to attract and retain the best
talent, we must provide a work environment that promotes teamwork,
creativity, integrity and pride in work. The Company benefits from
having productive, happy employees who take ownership of their jobs; and
the employees benefit from the fact that they own their work and are
able to live rich personal lives.
