Spectra Energy Corp Named a Top U.S. Workplace by Workplace Dynamics

Research Concludes Top Workplaces Good for Investors as Well as Employees

Jun 01, 2012, 11:00 ET from Spectra Energy Corp

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HOUSTON, June 1, 2012 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has been recognized as one of the top workplaces in the United States, according to Workplace Dynamics, an independent research firm specializing in organizational health that conducts more than 5,000 company surveys each year, surveying a total of 1.7 million workers.

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For its first annual Top National Workplaces list, Workplace Dynamics surveyed more than 5,000 U.S. companies and 319 made the list. To be included, companies had to meet the following criteria:

  • Be named a Top Workplace in one of Workplace Dynamics' 30 regional survey programs
  • Have at least 1,000 U.S. employees
  • Surveys conducted of at least 350 employees

"After being named a top Houston workplace for two consecutive years, we are honored to now be recognized at a national level, especially since this recognition is the result of direct feedback from our employees," said Dorothy Ables, chief administrative officer, Spectra Energy.

Another key conclusion drawn from analysis of the survey results is that top workplaces are good for investors as well as employees. Workplace Dynamics created a Top Workplaces Virtual Fund by examining scores for organizational health and found that since October 2008, the index has outperformed the S&P 500 by an average of 15.5 percent per year. Workplace Dynamics developed the measure, which is based solely on a consistently applied assessment of a company's organizational health, as a way to demonstrate how creating a healthy work environment should be a top priority for any company.

To learn more about the Top Workplaces designation and index, visit www.topworkplaces.com.

Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For more than a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company's operations in the United States and Canada include more than 19,000 miles of transmission pipeline, approximately 305 billion cubic feet of storage, as well as natural gas gathering and processing, natural gas liquids and local distribution operations. The company also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Spectra Energy is a member of the Dow Jones Sustainability World and North America Indexes and the U.S. S&P 500 Carbon Disclosure Project's Carbon Disclosure Leadership Index. For more information, visit www.spectraenergy.com.


SOURCE Spectra Energy Corp