NAIC Wins Award for Human Resources Management

January 30, 2002

The National Association of Insurance Commissioners (NAIC) has received the “Golden Circle Award” in Human Resources Management from the American Society of Association Executives. The NAIC won the top award in the category, which recognizes leadership in the stewardship of association human resources.

“This is quite an honor for the NAIC. We are proud to be recognized for our innovative, progressive employment policies,” said Catherine J. Weatherford, NAIC executive vice president. “Our employee turnover rate for 2001 was 10 percent – the lowest it has ever been. With a national average of 14.4 percent, we believe it shows that our flexible benefit options are working.”

The NAIC has added several employee programs in the last few years, including infants in the workplace, compressed work schedules, telecommuting, employee financial assistance, computer purchase assistance and mentoring programs. The association also offers training programs for employees, from leadership and coaching/mentoring to teamwork and time management.

“It is impossible to meet the needs of our members without the ability to retain quality, competent staff,” Weatherford added. “Our flexible benefit program is critical to helping us achieve that goal.”

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