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Bank of America and Huntington Bank will receive the 2015 HRM Impact Award for programs that highlight measured, evidence-based HR management.
The award from the Society for Human Resource Management (SHRM), the SHRM Foundation, the Society for Industrial and Organization Psychology (SIOP) and the SIOP Foundation recognizes HR practices and initiatives that have been measured and determined successful.
Bank of America won for its “Universal Fit Pre-Hire Assessment,” which is based on a comprehensive job analysis and validated through a criterion-related, concurrent validation approach.
Huntington Bank won for its “VOICE Colleague Engagement Survey,” a data-driven approach to measure organizational culture, employment brand, employee engagement, and turnover, and link them to overall organizational performance.
Recipients will be recognized Oct. 2 in Boston at SIOP’s Leading Edge Consortium, “Building a High-Performance Organization: A Fresh Look at Performance Management,” and Nov. 20 at the SHRM Volunteer Leaders’ Summit in Washington, D.C.
Henry G. “Hank” Jackson, SHRM president and CEO, congratulated the winners, noting in a news release “their creative use of workforce analytics to drive business success.”
“In their effective use of evidence-based measurement and management, they set a high standard for HR departments and leadership requirements of HR professionals everywhere,” he said.
Ann Marie Ryan, chair of the 2015 HRM Impact Award Committee, stressed that the award recognizes organizations that use measurable HR management techniques to back up their HR practices.
“These two organizations exemplify the gold standard in the use of evidence-based HR strategies and practices to foster organizational success,” she said in a news release. “We are proud to honor them and to highlight their best practices.”
Submissions for the 2016 HRM Impact Award will open February 1, 2016 and remain open through April.
A panel of judges, including academics and HR practitioners from the four sponsoring organizations, review submissions. Membership in SHRM or SIOP is not a requirement for eligibility. Winners receive a plaque and media exposure.
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