- Certification highlights BorgWarner's progressive and
inclusive work environment
- Marks third year in a row the company has received the
designation
- Great Place to Work Certification™ is an esteemed
"employer-of-choice" recognition that companies aspire to
achieve
AUBURN
HILLS, Mich., May 17, 2022
/PRNewswire/ -- Great Place to Work® has designated May 17, 2022 as Certification Nation Day to
salute and recognize the companies working to create great places
to work for all. BorgWarner is proud to celebrate its designation
and be amongst the distinguished community of other Great Place to
Work-Certified™ companies across the country.
![BorgWarner Logo (PRNewsfoto/BorgWarner) BorgWarner Logo (PRNewsfoto/BorgWarner)](https://mma.prnewswire.com/media/1020093/borgwarner_Logo.jpg)
"We are honored to obtain Great Place to Work-Certified status
for the third consecutive year as our employees are the core of our
company and, ultimately, the ones who drive us forward," said
Felicia Pryor, Executive Vice
President and Chief Human Resources Officer at BorgWarner. "Our
goal is to create an environment of inclusion, integrity and
excellence where people of all walks of life feel welcome and
inspired. Achieving this status reaffirms our position as an
employer of choice, creating a positive work experience for our
employees across the globe. We are proud to be among this group of
phenomenal organizations that are being recognized."
Great Place to Work Certification™ is recognized worldwide by
employees and employers alike and is the global benchmark for
identifying outstanding employee experiences.
"Certified companies put employees first," says Michael C. Bush, Chief Executive Officer at
Great Place to Work. "Thriving employees increase revenue, profit
and provide market-leading customer experiences. I hope that
Certification Nation Day can inspire other executives to create and
sustain employee-first cultures."
"Great Place to Work Certification™ isn't something that comes
easily," says Sarah Lewis-Kulin,
Vice President of Global Recognition at Great Place to Work. "It
takes ongoing dedication to the employee experience."
BorgWarner invests in its employees by fostering talent growth
through initiatives including professional certifications,
leadership coaching and advancement through cross-functional moves.
Additionally, BorgWarner has incorporated numerous programs
dedicated to advancing employee empowerment including Skills
Agility, Women Rising, SPECTRUM (an employee belonging group),
Women in Science and Engineering, Women in Leadership, talent
development, mentoring programs and more. To learn more about what
employees say about the company's culture visit:
https://www.greatplacetowork.com/certified-company/7011001.
According to Great Place to Work research, job seekers are 4.5
times more likely to find a great boss at a Certified great
workplace. Additionally, employees at Certified workplaces are 93%
more likely to look forward to coming to work, and are twice as
likely to be paid fairly, earn a fair share of the company's
profits and have a fair chance at promotion.
About BorgWarner
For more than 130 years, BorgWarner
has been a transformative global product leader bringing successful
mobility innovation to market. Today, we're accelerating the
world's transition to eMobility — to help build a cleaner,
healthier, safer future for all.
About Great Place to Work Certification™
Great Place
to Work® Certification™ is the most definitive "employer-of-choice"
recognition that companies aspire to achieve. It is the only
recognition based entirely on what employees report about their
workplace experience – specifically, how consistently they
experience a high-trust workplace. Great Place to Work
Certification is recognized worldwide by employees and employers
alike and is the global benchmark for identifying and recognizing
outstanding employee experience. Every year, more than 10,000
companies across 60 countries apply to get Great Place to
Work-Certified.
About Great Place to Work®
Great Place to Work® is the
global authority on workplace culture. Since 1992, they have
surveyed more than 100 million employees worldwide and used those
deep insights to define what makes a great workplace: trust. Their
employee survey platform empowers leaders with the feedback,
real-time reporting and insights they need to make data-driven
people decisions. Everything they do is driven by the mission to
build a better world by helping every organization become a great
place to work For All™.
Learn more at greatplacetowork.com and
on LinkedIn, Twitter, Facebook and Instagram.
Forward-Looking Statements: This press release may
contain forward-looking statements as contemplated by the 1995
Private Securities Litigation Reform Act that are based on
management's current outlook, expectations, estimates and
projections. Words such as "anticipates," "believes," "continues,"
"could," "designed," "effect," "estimates," "evaluates," "expects,"
"forecasts," "goal," "guidance," "initiative," "intends," "may,"
"outlook," "plans," "potential," "predicts," "project," "pursue,"
"seek," "should," "target," "when," "will," "would," and variations
of such words and similar expressions are intended to identify such
forward-looking statements. Further, all statements, other than
statements of historical fact contained or incorporated by
reference in this press release that we expect or anticipate will
or may occur in the future regarding our financial position,
business strategy and measures to implement that strategy,
including changes to operations, competitive strengths, goals,
expansion and growth of our business and operations, plans,
references to future success and other such matters, are
forward-looking statements. Accounting estimates, such as those
described under the heading "Critical Accounting Policies and
Estimates" in Item 7 of our most recently-filed Annual Report on
Form 10-K ("Form 10-K"), are inherently forward-looking. All
forward-looking statements are based on assumptions and analyses
made by us in light of our experience and our perception of
historical trends, current conditions and expected future
developments, as well as other factors we believe are appropriate
under the circumstances. Forward-looking statements are not
guarantees of performance, and the Company's actual results may
differ materially from those expressed, projected or implied in or
by the forward-looking statements.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
Forward-looking statements are subject to risks and uncertainties,
many of which are difficult to predict and generally beyond our
control, that could cause actual results to differ materially from
those expressed, projected or implied in or by the forward-looking
statements. These risks and uncertainties, among others, include:
supply disruptions impacting us or our customers, such as the
current shortage of semiconductor chips that has impacted original
equipment manufacturer ("OEM") customers and their suppliers,
including us; commodities availability and pricing; competitive
challenges from existing and new competitors including OEM
customers; the challenges associated with rapidly-changing
technologies, particularly as relates to electric vehicles, and our
ability to innovate in response; uncertainties regarding the extent
and duration of impacts of matters associated with the COVID-19
pandemic, including additional production disruptions; the
difficulty in forecasting demand for electric vehicles and our
electric vehicles revenue growth; potential disruptions in the
global economy caused by Russia's
invasion of Ukraine; the ability
to identify targets and consummate acquisitions on acceptable
terms; failure to realize the expected benefits of acquisitions on
a timely basis including our recent acquisitions of AKASOL AG and
Santroll's light vehicle eMotor business and our 2020 acquisition
of Delphi Technologies PLC; the ability to identify appropriate
combustion portfolio businesses for disposition and consummate
planned dispositions on acceptable terms; the failure to promptly
and effectively integrate acquired businesses; the potential for
unknown or inestimable liabilities relating to the acquired
businesses; our dependence on automotive and truck production, both
of which are highly cyclical and subject to disruptions; our
reliance on major OEM customers; fluctuations in interest rates and
foreign currency exchange rates; our dependence on information
systems; the uncertainty of the global economic environment; the
outcome of existing or any future legal proceedings, including
litigation with respect to various claims; future changes in laws
and regulations, including, by way of example, taxes and tariffs,
in the countries in which we operate; impacts from any potential
future acquisition or disposition transactions; and the other risks
noted in reports that we file with the Securities and Exchange
Commission, including Item 1A, "Risk Factors" in our most
recently-filed Form 10-K and/or Quarterly Report on Form 10-Q. We
do not undertake any obligation to update or announce publicly any
updates to or revisions to any of the forward-looking statements in
this press release to reflect any change in our expectations or any
change in events, conditions, circumstances, or assumptions
underlying the statements.
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SOURCE BorgWarner