PowerStream Inc.

PowerStream Inc.

August 27, 2012 10:13 ET

PowerStream Recognized for Its Employee Engagement

Named as One of the "Achievers 50 Most Engaged Workplaces™" in Canada

VAUGHAN, ONTARIO--(Marketwire - Aug. 27, 2012) - PowerStream was named today as one of the Achievers 50 Most Engaged Workplaces™ in Canada. This annual award recognizes top employers that display leadership and innovation towards engaging their employees.

A panel of judges selected PowerStream for the award through an evaluation process in which applicants were considered based on Achievers' Eight Elements of Employee Engagement™ - communication, leadership, culture, rewards and recognition, professional and personal growth, vision and values as well as corporate social responsibility.

The electric utility, which serves customers in communities located immediately north of Toronto and in Central Ontario, will be honoured alongside other recipients of the Achievers 50 Most Engaged Workplaces™ Award at an awards gala to be held on November 14, 2012 at the Arcadian Court in Toronto, Ontario.

Achievers, a San Francisco-based human resources consulting firm with offices in Toronto that specializes in employee recruitment and retention, believes that employee engagement not only has a positive impact on employees but also a company's bottom line.

BACKGROUND

• PowerStream has won a number of employer awards in recent years including being named one of Greater Toronto's Top Employers (2012) and Smart Commute Employer of the Year for North Toronto, Vaughan (2011).

Achievers' panel of judges included Bruce Bolger, Managing Director of Enterprise Engagement Alliance, Stacia Garr, Principal Analyst of Bersin & Associates, Debbie McGrath, Founder and Chief Instigator of HR.com and Razor Suleman, Founder and Chairman of Achievers.

QUOTES

• "Companies that focus on employee engagement tend to perform better financially, attract and retain the best talent and enjoy improved customer service and client retention," said Razor Suleman, Founder and Chairman of Achievers. "These companies serve as role models for other businesses to engage their own employees and build success."

• "With over 500 full-time staff, plus our part-time team, our employees deliver our organizational and customer commitments," explained PowerStream Board Chair and City of Markham Mayor, Frank Scarpitti. "It's important our team feels engaged with their work, and gives each task their best. They'll enjoy their career more, and give great customer service."

ABOUT POWERSTREAM

PowerStream is the second largest municipally-owned electricity distribution company in Ontario, providing service to approximately 355,000 customers residing or owning a business in communities located immediately north of Toronto and in Central Ontario. PowerStream is jointly owned by the cities of Barrie, Markham and Vaughan.

ABOUT ACHIEVERS

Achievers mission is to Change the Way the World Works. We are accomplishing this by helping companies around the world recognize and reward positive employee behaviors on a daily basis resulting in higher employee engagement and better business results. With our award-winning technology, unmatched customer service and industry-leading expertise we have powered the world's most successful rewards and recognition programs.

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