The health and safety of people is the most important part of who we are and what
we do. Our employees have responded to this philosophy in the most profound and
important way possible: we had no employee fatalities in 2007. Through collaboration,
mutual care, hard work and a deeply shared commitment, we achieved a goal that has
eluded AEP for a decade and that we have accomplished only twice in 37 years.
Our safety goal is simple – no fatalities in any year. We believe so strongly
in attaining this goal that, starting this year, all employee and senior management
incentive plans will be directly tied to it.
AEP's continued success relies on a healthy, happy, skilled and agile work force
that can adapt to rapidly changing work environments without compromising safety
or service. As we develop the work force and the culture we need to meet tomorrow's
challenges, we must retain our current employees for as long as possible by meeting
their needs, too. To this end, we offer 32 different work/life programs, including
alternative work schedules.
Our new military leave policy is another important way to meet our employees' needs.
We allow employees to take up to 10 days of unpaid leave per year to spend time
with family members who are called to or return from active duty.
Transferring knowledge from retiring to new employees remains a high priority for
AEP and for the rest of our industry. Our employees are staying in the work force
longer, which helps. AEP's average retirement age climbed from 59 in 2003 to 61
in 2007.
Diversity programs also help us grow the strong work force that we need. We are
attracting more women and minorities to AEP than ever before, which is good news
for AEP and for our future.