Press Release

Weichert Relocation Resources Wins Prestigious Leadership and Culture Award from BlessingWhite

MORRIS PLAINS, N.J. – BlessingWhite, one of the world’s leading management consulting and leadership development training companies, recently announced the winners of its 2008 Leadership Award. This prestigious award is given each year to the three companies among BlessingWhite’s vast global client base that have achieved the most significant results in driving breakthrough performance and a purposeful culture.

Weichert Relocation Resources Inc. (WRRI) was recognized for its commitment to building a culture of serial innovation, which has helped the company speed to market its cutting-edge Next PracticesSM, the next generation of workforce mobility best practices.

“We’re proud to be among the elite group of companies recognized by BlessingWhite for this coveted award,” said Aram Minnetian, President of WRRI. “Our people are our most important distinction and we are proud to have a highly-engaged colleague base that inspires innovative solutions that build a stronger, more compelling, value proposition.”

According to the results of WRRI’s 2007 Colleague Survey, the company achieved a 73 percent colleague engagement rate and an 89 percent colleague satisfaction rate across its global operations. WRRI’s colleague engagement rate is almost twice the average corporate rate of 40 percent, according to BlessingWhite’s Employee Engagement Survey.

“Becoming a global industry leader in challenging market cycles isn’t something you do with the flick of a switch. You need to build and maintain a culture that embraces, supports and drives innovation,” said Chris Rice, CEO of BlessingWhite. “Our award recognizes the work that WRRI has done to engage its workforce and develop the leadership to ensure that Next Practices can be effectively cascaded throughout the organization to add significant and quantifiable value for its clients.”

About Weichert Relocation Resources:
Weichert Relocation Resources Inc. (WRRI) delivers innovative Next PracticesSM—the next generation of relocation and assignment management services—that help some of the world's leading companies avoid inventory, increase employee home sales, enhance mobile workforce management and reduce program costs. WRRI is recognized as the growth-oriented industry leader, providing a unique combination of stability, financial expertise and seasoned leadership that has made the company a trusted, proactive partner to clients throughout the world. A progressive, independent company, WRRI is committed to delivering Raving Fan® service; investing in new capabilities, technologies and talent; and bringing unmatched innovations to market, such as the industry’s only complete, end-to-end global workforce mobility solution. For more information, visit wrri.com.

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