Cinergy (NYSE:CIN)
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From Dec 2019 to Dec 2024
Cinergy Corp. (NYSE:CIN) has been named by AARP to its
list of the top 50 employers for workers over 50 years of age and is
the only company in Ohio, Indiana and Kentucky to be chosen.
Cinergy offers a number of programs that promote workplace quality
and are attractive to an experienced workforce. Included is a senior
leaders program that allows management to bring back certain retired
workers on a contractual basis to assist in training other employees
and expanding their skills. Cinergy also provides pension and
post-retirement medical benefits as well as a phased retirement
program that allows employees to work on a part-time basis prior to
full retirement.
The company has a reasonable accommodations committee that assists
employees with disabilities to allow them to perform to their highest
potential. Its resource and referral program helps employees with
eldercare alternatives. Cinergy's live well initiative promotes
healthy lifestyle choices and offers incentives to employees to
maintain their health.
"We are very pleased to be recognized by AARP as a best employer
for workers over 50," said James E. Rogers, chairman and chief
executive officer of Cinergy. "It confirms our emphasis on workplace
quality which allows us to attract and retain top talent and is a
mainstay of our corporate sustainability philosophy."
"The distinguished employers in the top 50 have exemplary
practices at a time when the value of older employees is beginning to
be broadly recognized as a key resource for corporations," said AARP
CEO Bill Novelli. "Too many employers still do not recognize the
advantages that older workers bring to the table. The value of these
employees will become increasingly apparent as the workforce ages in
the years ahead."
AARP is a nonprofit, nonpartisan membership organization that
helps people 50+ have independence, choice and control in ways that
are beneficial and affordable to them and society as a whole. We
produce AARP The Magazine, published bimonthly; AARP Bulletin, our
monthly newspaper; AARP Segunda Juventud, our bimonthly magazine in
Spanish and English; NRTA Live & Learn, our quarterly newsletter for
50+ educators; and our website, www.aarp.org. AARP Foundation is an
affiliated charity that provides security, protection, and empowerment
to older persons in need with support from thousands of volunteers,
donors, and sponsors. We have staffed offices in all 50 states, the
District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
Cinergy Corp. has a balanced, integrated portfolio consisting of
two core businesses: regulated operations and commercial businesses.
Cinergy's regulated public utilities in Ohio, Indiana, and Kentucky
serve 1.5 million electric customers and about 500,000 gas customers.
In addition, its Indiana regulated company owns 7,000 megawatts of
generation. Cinergy's competitive commercial businesses have 6,300
megawatts of generating capacity with a profitable balance of stable
existing customer portfolios, new customer origination, marketing and
trading, and industrial-site cogeneration. Cinergy's integrated
businesses make it a Midwest leader in providing both low-cost
generation and reliable electric and gas service.