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Co-operative Sector Recognized for
Progressive Employment Practices

October 30, 2003 - MediaCorp Canada and Maclean's recently pre-released the listing of Canada's Top 100 Employers, and the co-operative sector again figures prominently in the rankings. Co-operative Trust Company of Canada, Credit Union Electronic Transaction Services (CUETS) and Cooperators Life Insurance Company are listed among the best places to work in Canada. It's the third year in a row for all three companies, which is a strong testament to co-operative sector workplace policies and practices.

The book - among the best-selling business books in Canada -- recognizes those organizations across the country that are industry leaders in making innovative, well-received changes in the workplace. More than 51,000 companies were considered for a spot on the list, with 6,000 being evaluated on the basis of the following criteria:

  • Sustained growth
  • Stimulating work environment
  • Employee feedback mechanisms
  • Communication efforts to employees
  • Employment benefits and vacation allowances
  • Employer dedication to attracting and retaining outstanding employees

Myrna Bentley, Chief Executive Officer of Co-operative Trust Company of Canada, commented: "This acclamation is a natural extension of who we are. Co-operatives are about concern for community and working together. Whether that community is composed of staff, clients, the co-operative system or people in need, we embrace workplace practices that make a difference and set new benchmarks."

"We are very proud and honoured to once again be listed as one of Canada's Top 100 Employers," said Dan Thornton, Chief Operating Officer of Co-operators Life. "As the list shows, the co-operative sector is a strong, vital and important player in our communities. Our positive workplaces and pro-active human resource policies continue to make us employers of choice and a solid reason for individuals and families to stay right here in Saskatchewan," he added.

Stan Kuss, Chief Executive Officer of CUETS, highlighted the contribution of the three organizations and other cooperative sector employers to the community. "As the researchers noted, companies that do an exceptional job of supporting their local communities also tend to provide first-rate support for their employees. From my experience, this support for employees translates directly back into higher levels of customer service for our clients and even higher levels of employee involvement in the community."

For more information:

Glenn Bohay, Co-operators Life Insurance Company (306) 347-6527
Bob Lane, Credit Union Electronic Transaction Services (306) 566-1772
Maryann Deutscher, Co-operative Trust Company of Canada (306) 956-1890

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