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|Peabody Energy Named 'Employer of the Year' By Major Association|
ST. LOUIS, Oct. 26, 2011 /PRNewswire via COMTEX/ -- Peabody Energy (NYSE: BTU) today was honored as "Employer of the Year" by AAIM Employers' Association (EA), one of the nation's largest employers' associations. The award recognizes great employers that sustain outstanding working environments, inclusive and collaborative cultures and significant career development opportunities. Three honors were presented based on organizational size, with Peabody earning recognition in the major employer category. The award was presented during a ceremony at the association's annual Strategic Directions Conference in St. Louis.
"At Peabody Energy, we firmly believe we have the best workforce in our business. With this honor we can also say we have one of the best workplaces in our region," said Gregory H. Boyce, Peabody Energy Chairman and Chief Executive Officer. "We recognize that our ability to empower people drives value and results. We are pleased to receive this award in recognition of our efforts to provide our employees with global career development opportunities and to encourage a culture of safety, innovation and collaboration."
The association evaluated numerous applicants based on stringent criteria, including effective communication, openness to employee input and feedback, training and development opportunities, work-life balance and a positive culture.
Founded in 1898, the AAIM Employers' Group or AAIM EA is an association of over 1,600 member organizations in the St. Louis region and throughout Illinois. The AAIM Employers' Group helps members become stronger employers by assisting them in developing and managing their people and processes by offering peer networking opportunities, business research information, HR and management consulting, performance improvement and professional training and development. The group was formed by the merger of the St. Louis-based AAIM Management Association and Peoria, Ill.-based Employers' Association (EA).
Peabody is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2010 sales of 246 million tons and nearly $7 billion in revenues, Peabody fuels 10 percent of U.S. power and 2 percent of worldwide electricity.
SOURCE Peabody Energy