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PECO Announces Partnership With National Organization On Disability And New Hiring Initiative

Stocks in this article: EXC

PECO President and CEO Craig Adams announced today that the company has partnered with the National Organization on Disability (NOD) on a 2014 initiative to hire individuals with disabilities. The announcement was made at a luncheon and panel discussion cosponsored by Exelon, PECO’s parent company, the Exelon Foundation and the National Organization on Disability (NOD) in honor of National Disability Employment Awareness Month.

The initiative builds on PECO’s existing relationship with NOD and its Start for Success program. As part of the program, the company recently hired two students who just completed successful summer internships.

“The community of people with disabilities is one that has traditionally seen high unemployment and underemployment rates,” said Adams. “It is also a community with a lot of great talent, and we want to take every opportunity to hire and retain that talent as part of our workforce.”

In addition to working with NOD, PECO is planning to partner with community organizations, including AHEDD and Bridges Community Support Services, to help ensure the company meets or exceeds new federal guidelines requiring that workers with disabilities make up at least 7 percent of a company’s employees.

"NOD commends PECO, and its parent company Exelon, as trendsetters in disability hiring. They are taking all the right steps—leadership from the C Suite, partnerships with disability organizations, and the discipline of a quantitative goal,” said NOD President Carol Glazer. “With these steps, PECO and Exelon will lead the way for energy companies and other major employers, and reap the benefits of new workers who bring a diversity of talents and skills."

As part of today’s luncheon, NOD and the National Business & Disability Council also announced the Disability Employment Tracker, an important new tool that will help companies across a range of industries assess their own readiness to launch or improve their hiring of people with disabilities and veterans.

The Disability Employment Tracker is designed for companies to:

  • Confidentially assess their own disability and veteran employment practices
  • Benchmark their efforts against leading practices; and
  • Use results to educate internal stakeholders on successes and opportunities

With input from Fortune 500 companies and guidance from leading research firm J.D. Power, the Disability Employment Tracker was developed with Sirota, a leading provider of organizational assessments and employee survey programs. Sirota will administer the survey and ensure confidentiality and data security.

Based in Philadelphia, PECO is an electric and natural gas utility subsidiary of Exelon Corporation (NYSE: EXC). PECO serves 1.6 million electric and 497,000 natural gas customers in southeastern Pennsylvania and employs about 2,400 people in the region. PECO delivered 76.5 billion cubic feet of natural gas and 37.5 billion kilowatt-hours of electricity in 2012. Founded in 1881, PECO is one of the Greater Philadelphia Region's most active corporate citizens, providing leadership, volunteer and financial support to numerous arts and culture, education, environmental, economic development and community programs and organizations.

If you are a member of the media and would like to receive PECO news releases via e-mail please send your e-mail address to PECO.Communication@exeloncorp.com .

Copyright Business Wire 2010

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