Pega Signs UK Armed Forces Covenant

Rhea-AI Summary

Pegasystems (NASDAQ: PEGA) has signed the United Kingdom Armed Forces Covenant, committing to support service personnel, reservists, veterans, and military families. This initiative aims to ensure fair treatment for these individuals and highlights Pega's commitment to employing service leavers. The signing will foster a better working environment and offer benefits like flexible leave for servicemembers' families. Key figures, including Vice Admiral Nick Hine and Hayden Stafford, emphasized the importance of recognizing the contributions of military personnel within the corporate sphere.

Positive

• Commitment to supporting employment of veterans and reservists.
• Enhanced reputation as an armed forces-friendly organization.
• Potential for attracting diverse talent with military backgrounds.

Negative

• None.

READING, United Kingdom, Nov. 22, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, has signed the United Kingdom Armed Forces Covenant. The Covenant, first introduced in 2011, is a promise by the nation ensuring those who serve, or who have served in the armed forces, and their families, are treated fairly.

Pega recognises the value serving personnel, reservists, veterans, and military families bring to its business and to the country and in signing the document, is committing to uphold the principles of the Armed Forces Covenant, the full list of which can be viewed on the Pega UK Armed Forces Covenant page.

Historically, there have been numerous ways in which service personnel, their dependents, and veterans have been disadvantaged in the provision of goods and services compared with the rest of the population. The Armed Forces Covenant was introduced to create true equality for the community.

Signing the Covenant signals genuine and deliberate intent to support the employment of service leavers and veterans and highlights armed forces-friendly organisations. Additionally, there are many other benefits such as supporting reservist employees and offering flexible leave for service spouses and partners before, during, and after deployments.

Quotes & Commentary: 

Second Sea Lord, Vice Admiral Nick Hine, CB said, "The Armed Forces Covenant is an excellent example of the significant contribution our industry partners can make in supporting our service personnel.  In pledging their continued support, Pega is demonstrating they recognise the value of both regular and reserve members, as well as their military families and veterans.  By signing, Pega will continue to make a meaningful difference not only to those who serve but also to the wider defence community."

"I'm proud to sign the Armed Forces Covenant and to pledge Pega's continued commitment to doing all we can to ensure those actively serving, reservists, veterans, and military families are treated fairly and equitably," said Hayden Stafford, president of global client engagement, Pegasystems.  "We, our clients, and our partners benefit from continuing to bring in people with diverse skills and backgrounds and with values that align closely with our own. As we work with many of the world's governments and their agencies, the perspective of those associated with the military is especially relevant."

About Pegasystems 

Pega delivers innovative software that crushes business complexity. From maximizing customer lifetime value to streamlining service to boosting efficiency, we help the world's leading brands solve problems fast and transform for tomorrow.  Pega clients make better decisions and get work done with real-time AI and intelligent automation. And, since 1983, we've built our scalable architecture and low-code platform to stay ahead of rapid change.  Our solutions save people time, so our clients' employees and customers can get back to what matters most. 

For more information on Pegasystems (NASDAQ: PEGA) visit www.pega.com.  

Press Contact: 
Jo Richardson
Pegasystems Ltd. 
Jo.richardson@pega.com
+44 (0) 118 965 1600 

 

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SOURCE Pegasystems Inc.

FAQ

What is the significance of Pegasystems signing the UK Armed Forces Covenant?

Signing the UK Armed Forces Covenant demonstrates Pegasystems' commitment to supporting service personnel, reservists, veterans, and their families, ensuring they are treated fairly in the workplace.

How does the Armed Forces Covenant benefit Pegasystems employees?

The Covenant provides benefits such as employment support for veterans, flexible leave for employees with military spouses, and a commitment to fostering an inclusive workplace.

Who represented Pegasystems in signing the Armed Forces Covenant?

Hayden Stafford, president of global client engagement, represented Pegasystems during the signing of the Armed Forces Covenant.

When was the Armed Forces Covenant signed by Pegasystems?

Pegasystems signed the Armed Forces Covenant on November 22, 2021.

What is the stock symbol for Pegasystems?

The stock symbol for Pegasystems is PEGA.