Caribbean Utilities Company is the latest company to join the ranks of worldwide organizations which have received the internationally recognized Investors in People Standard.
CUC was recognised as an Investor in People following an assessment in December 2005 by an assessor from the UK, states a press release.
The utilities company is the fourth organisation to gain this prestigious award since the pilot programme was launched in September 2003. CUC joins the elite ranks within the Cayman Islands of KPMG, Bank Austria Cayman Islands Ltd. and the National Gallery of the Cayman Islands, the release said.
The Investors in People Standard is a business improvement tool designed to advance an organisation’s performance through the development of its people.
Achieving the Standard is considered to be particularly valuable in the Cayman Islands because it brings measurable, demonstrable benefits to the recognised organisation while contributing to the overall development of the Cayman Islands’ most valuable resource – its people.
A formal presentation to CUC will be made by the Alden McLaughlin, Minister for Education, Training, Employment, Youth, Sports and Culture.
‘The Investors in People programme provides the ideal framework for organisations to develop their human resources,’ said Mr. McLaughlin. ‘This should be a priority for employers across the islands and I hope CUC’s achievement inspires others to do similarly.’
For further information on the Investors in People Programme, contact Project Manager Philip Scott on 945-3114 or [email protected].