InsideARM Kicks Off Nationwide Search for Best Places to Work In Collections

InsideARM.com, the worldwide leader in providing electronic news and information to the accounts receivable management industry, announced today that it will partner with the Best Companies Group to determine the Best Places to Work in Collections. insideARM’s Best Places to Work program recognizes employers that have the most engaged and satisfied employees.

Applications are now being accepted from U.S. collection agencies, collection law firms, and vendors that provide technology and services to these groups. Companies must have at least 15 U.S.-based employees, and nominations must be received by August 15. Learn more about the program and nominate your company at www.bestplacestoworkcollections.com.

The top companies will be determined through employer reports and comprehensive employee surveys and will be selected from three categories: small companies of 15-25 employees, medium-sized companies of between 25 and 249 employees, and large-sized companies consisting of 250 or more employees.

The Best Companies Group, which has overseen similar programs in other industries, as well as many states, is responsible for the selection process. The basis for this initiative is Fortune magazine’s noted “100 Best Companies to Work for in America.”

“Numerous studies show a strong correlation between profitability and creating a good place to work,” says Peter B. Burke, President of Best Companies Group. “In addition to the positive effect the award has on their employee relations and recruitment, the driving force for companies to join in this program is the remarkable effect that workplace improvements can have on their bottom line.”

“Given our long history of involvement in this industry, we know that the collections community has many first-rate employers. The Best Places to Work in Collections program is one way we can recognize them for their important efforts,” states insideARM.com Publisher Stephanie Eidelman.

All companies participating in the program receive a free overview report, and have the opportunity to purchase an evaluation identifying strengths and weaknesses according to their employees. In turn, this report can be used in developing or enhancing employee retention and recruitment programs.

The winning companies will be announced online and in insideARM.com newsletters in January 2009.

Best Companies Group works with national and local partners around the country to establish and manage "Best Places to Work," "Best Companies," and "Best Employers" programs on a national, state-wide, and regional basis. Through its thorough workplace assessment, utilizing employer questionnaires and employee-satisfaction surveys, BCG identifies and recognizes companies who have been successful in creating and maintaining workplace excellence.