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CRAWFORD & COMPANY

(CRD.B)
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Crawford mpany : Investing in employee wellbeing

07/26/2021 | 02:08pm EDT

Employee wellbeing and workforce sustainability have risen to the top of the agenda for many leaders during the pandemic and have been among my top priorities since I took up my position as Crawford & Company's UK and Ireland President in 2019.

Creating a happy, healthy workforce is essential for any modern business and increasingly critical to success as the world embraces more flexible, employee-focused ways of working. Over the past 18 months, we have introduced a number of initiatives to help our employees cope with remote working and to create a culture that brings the best out in people.

We launched Wellbeing Week and Mental Health Awareness Week which promote personal and professional health and wellbeing through keynote talks, resources and access to support. We've given employees free access to the mindfulness app Headspace and launched an employee engagement app to provide daily updates throughout the crisis.

We've also engaged with employees on how they want the office of the future to look and feel, introduced a smarter working policy allowing employees to choose how and where they work, and updated our benefits to include a revised holiday scheme and exam policy, a bike scheme and enhanced the bereavement leave entitlement.

Empowering employees is a key focus, so we created a learning program for senior leaders dedicated to helping them empower their people. If individuals feel valued, inspired and motivated, they take ownership of their work, generate ideas, find meaning and purpose at work and feel proud of the company they work for - and happy, engaged employees usually means happy clients.

We will shortly be launching this year's IMPACT Awards, which recognises employee contributions, and also celebrates those who have brought empowerment to life in the business.

Talent management is also essential in building a sustainable workforce, so we launched the Crawford Academy to develop a variety of roles and help us promote from within.

This has all contributed to a tangible improvement in our culture. The conversation and the language people use has changed. Our people can see we are prioritising their wellbeing and employee engagement scores are up.

We're also performing better as a company. We're stronger coming out of the pandemic than we were going into it. By modernising our culture, we have modernised our service and are now reaping the rewards - and that all started with looking after our people.

This article first appeared in Modern Insurance - https://moderninsurancemagazine.co.uk/

Disclaimer

Crawford & Company published this content on 26 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2021 18:07:06 UTC.


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Sales 2021 1 060 M - -
Net income 2021 37,5 M - -
Net Debt 2021 - - -
P/E ratio 2021 12,4x
Yield 2021 2,84%
Capitalization 464 M 464 M -
Capi. / Sales 2021 0,44x
Capi. / Sales 2022 0,42x
Nbr of Employees 8 054
Free-Float 49,4%
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Last Close Price 8,44 $
Average target price 12,50 $
Spread / Average Target 48,1%
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Rohit Verma Chief Executive Officer & Director
Joseph Odilo Blanco President & Director
William Bruce Swain Chief Financial Officer & Executive Vice President
Michelle E. Jarrard Non-Executive Chairman
Andrew Bart President-Global Technical Services
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