Bowling Green, Ohio January 29, 2020 -- The Society for Industrial and Organizational Psychology (SIOP) and SHRM (Society for Human Resource Management), along with their foundations, announced Walmart and Wendy's as the winners of the 2019-2020 Human Resource Management (HRM) Impact Award.
The HRM Impact Award is an honor given by SIOP, SHRM, the SHRM Foundation, and the SIOP Foundation that recognizes organizations with outstanding evidence-based HR management practices. The award promotes HR practices and initiatives that have been measured and determined successful through evidence-based, data-driven analyses.
Walmart is being awarded a 2019-2020 HRM Impact Award for its project, "Retail Associate Assessment (RAA)." The program was developed to be used as a selection tool to support the hiring process at each of the 4,700+ Walmart stores. With more than 3,000,000 applicants each year, the program helped predict both performance and turnover while meeting many competing demands.
Wendy's winning project, "Voice of Wendy's (VOW)" was designed to measure multiple areas of employee engagement with both restaurant employees and employees who work in roles supporting the restaurants. The program helped the company better support their 6,700+ restaurants by providing a variety of resources for managers to utilize on how to interpret and take action on VOW results.
Goldman Sachs was awarded the 2019-2020 HRM Impact Award Honorable Mention for their project, "Goldman Sachs' Graduate Recruitment Pre-Hire Assessment Strategy." The program focused on the reform of their graduate recruitment pre-hire assessment strategy. This strategy has allowed Goldman Sachs to widen their search pool, identify poor interviewers and good interviewers, and improve their ability to make fair, and reliable hiring decisions.
Walmart and Wendy's will be recognized with plaques at the SIOP Annual Conference at the JW Marriott in Austin, Texas in April 2020.
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For details on this year's winners as well as previous winning organizations and initiatives, visit the HRM Impact Award page. Submissions for the 2021 HRM Impact Award will open in early April 2020 and remain open through June 30, 2020.
MEDIA: For more information about attending the award presentations or to request an interview, contact Linda Lentz of SIOP at 419-353-0032 and llentz@siop.org or Cooper Nye of SHRM Media Relations at 703-535-6447 and Cooper.Nye@shrm.org .
About SHRM
SHRM, the Society for Human Resource Management, creates better workplaces where employers and employees thrive together. As the voice of all things work, workers and the workplace, SHRM is the foremost expert, convener and thought leader on issues impacting today's evolving workplaces. With 300,000+ HR and business executive members in 165 countries, SHRM impacts the lives of more than 115 million workers and families globally. Learn more at SHRM.org and on Twitter @SHRM.
About the Society for Industrial and Organizational Psychology
The Society for Industrial and Organizational Psychology (SIOP) is an international professional organization with an annual membership of more than 9,000 industrial-organizational (I-O) psychologists. SIOP's mission is to enhance human well-being and performance in organizational and work settings by promoting the science, practice, and teaching of I-O psychology. SIOP provides a platform for professionals to collaborate, implement, and evaluate solutions to workplace challenges. Visit SIOP at http://www.siop.org , and follow us on Twitter at @SIOPtweets.
About the SHRM Foundation
The SHRM Foundation champions workforce and workplace transformation and inspires HR professionals to make it happen. A 501(c)(3) nonprofit affiliate of the Society for Human Resource Management (SHRM), the SHRM Foundation provides HR professionals with scholarships, opportunities, solutions and resources to create change in their organizations and their communities. The SHRM Foundation works to empower HR professionals to build inclusive organizations where all employees thrive and organizations achieve success. Visit us online at shrmfoundation.org.
About the SIOP Foundation
The SIOP Foundation provides financial support for the advancement of the field of I-O psychology. It is a structure through which members of SIOP and other donors can express their tangible support for the field with tax-deductible gifts. Visit http://www.siop.org/Foundation for more information about the SIOP Foundation and its awards, grants, and scholarships.