Fifth Third Bank Named Recipient of Gallup Great Workplace Award 2011
May 12 2011 - 8:08AM
Business Wire
Fifth Third Bank (NASDAQ: FITB) today announced that it received
the Gallup Great Workplace Award during a gala last night in Omaha,
Nebraska.
The Gallup Great Workplace Award is based on the most rigorous
workplace research ever conducted. A panel of workplace experts
evaluated the award-winning organizations and Fifth Third Bank is
among the winners because the Bank’s results demonstrate one of the
most productive and engaged workforces in the world.
“The winners of this award have established a new global
standard for engaging people” said Tom Rath, who leads Gallup’s
Workplace and Leadership Consulting practice. “When compared to the
millions of workgroups we have studied around the world, the
awarded have worked tirelessly to create an environment that values
people. They go far beyond trivial perks to ensure that each
employee has an emotional connection to the company’s mission and
growth.”
“Employee engagement is one of our four strategic pillars at
Fifth Third Bank,” said Kevin T. Kabat, president and CEO of Fifth
Third Bancorp. “We are committed to employee engagement because we
know that delivering financial services through an engaged
workforce increases the level of confidence our customers place in
us and differentiates us from our competitors.” Kabat added, “It
also strengthens our relationships with each other, reduces our
employee turnover, and increases the long-term value of our
business.”
About the Gallup Great Workplace Award
The Gallup Great Workplace Award recognizes the best-performing
workforces in the world. Applicants’ results are compared across a
workplace research database composed of millions of work teams in
more than 100 countries. A panel of workplace experts assesses the
applicants’ results to select only 29 total winners from around the
world.
About Fifth Third Bancorp
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $110 billion in
assets and operates 15 affiliates with 1,313 full-service Banking
Centers, including 102 Bank Mart® locations open seven days a week
inside select grocery stores and 2,448 ATMs in Ohio, Kentucky,
Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia,
Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third
operates four main businesses: Commercial Banking, Branch Banking,
Consumer Lending, and Investment Advisors. Fifth Third also has a
49% interest in Fifth Third Processing Solutions, LLC. Fifth Third
is among the largest money managers in the Midwest and, as of March
31, 2011, had $274 billion in assets under care, of which it
managed $26 billion for individuals, corporations and
not-for-profit organizations. Investor information and press
releases can be viewed at www.53.com. Fifth Third's common stock is
traded on the NASDAQ® National Global Select Market under the
symbol "FITB.
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