CBL Properties Earns 2023 Great Place to Work Certification™

Rhea-AI Summary

CBL Properties has achieved Great Place to Work® Certification™ for 2023, with 95% of employees saying it is a great place to work. This certification is based on a survey of CBL's current employees and highlights the company's positive workplace culture and employee experience.

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced that it has achieved Great Place to Work® Certification™ for 2023. This prestigious designation is based on the results of a recently conducted survey of CBL’s current employees regarding their experience working at CBL. An overwhelming 95% of employees said CBL is a great place to work – 38 points higher than the average U.S. company.

Great Place to Work® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.

“I am thrilled to share that CBL has achieved Great Place to Work® Certification™ for the second year in a row,” said Stephen Lebovitz, chief executive officer, CBL Properties. “We take great pride in the culture we have built at CBL and continually work to improve the experience for our team. Through Great Place to Work’s annual engagement survey, we glean important insights about our team’s sentiments towards CBL, allowing us to acknowledge and celebrate the positives as well as learn ways in which we can improve.”

According to Great Place to Work® research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at Certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits, and have a fair chance at promotion.

About Great Place to Work Certification™

Great Place to Work Certification™ is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification™ is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place to Work-Certified™.

About Great Place to Work®

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.

Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s owned and managed portfolio is comprised of 94 properties totaling 58.5 million square feet across 22 states, including 56 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20231106779536/en/

Investor Contact: Katie Reinsmidt, Executive Vice President & Chief Operating Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com

Media Contact: Stacey Keating, Vice President– Corporate Communications, 423.490.8361, Stacey.Keating@cblproperties.com

Source: CBL Properties

FAQ

What is the news about CBL Properties?

CBL Properties has achieved Great Place to Work® Certification™ for 2023.

What is the significance of this certification?

The certification highlights CBL's positive workplace culture and employee experience.

What percentage of employees said CBL is a great place to work?

95% of employees said CBL is a great place to work.

How does this certification benefit CBL?

The certification can contribute to market-leading revenue, employee retention, and increased innovation.