Standard Motor Products, Inc. Named a U.S. News and World Report Best Company to Work For

Rhea-AI Summary

Standard Motor Products (NYSE: SMP) has been named one of U.S. News and World Report's Best Companies to Work For. Recognized for its exemplary benefits, opportunities for professional advancement, and inclusive workplace culture, SMP also earned a spot on the Best Companies to Work For in the Northeast and one of only eight companies in the Auto and Parts category. CEO Eric Sills emphasized the company’s focus on employee engagement and well-being, offering diverse health and wellness programs, competitive wages, and training opportunities. The selection criteria included pay quality, work/life balance, job stability, and more, based on publicly available employee opinions and other metrics.

Positive

• SMP named as one of U.S. News and World Report's Best Companies to Work For.
• Honored as one of the Best Companies to Work For in the Northeast.
• Recognized as one of only eight companies in the Auto and Parts category.
• Highlighted for excellent benefits and professional advancement opportunities.
• Praised for fostering a strong sense of belonging and employee engagement.

Negative

• None.

NEW YORK, June 20, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has been recognized as one of U.S. News and World Report's Best Companies to Work For and was named one of the Best Companies to Work For in the Northeast. Highlighting this honor, SMP was one of only eight companies to receive the Best Companies to Work For in Auto and Parts distinction. The complete list recognizes companies that are at the very top of their respective industries with regards to benefits, opportunities for professional advancement, sense of belonging and more.

Eric Sills, Chairman of the Board and Chief Executive Officer of SMP, stated, "We are proud to be included in U.S. News and World Report's prestigious list of Best Companies to Work For. At SMP, we believe that our success is directly linked to fostering employee engagement, our company culture, and the well-being of our employees. As such, we provide our employees a range of benefits including a variety of health and wellness programs, training opportunities, competitive wages, and an inclusive workplace that offers a safe and healthy work environment."

In total, six distinct categories were considered in determining U.S. News' Best Companies to Work For, including: quality of pay and benefits, work/life balance and flexibility, job and company stability, physical and psychological comfort, belongingness and esteem, career opportunities and professional development. These metrics were then weighted and ranked utilizing an editorially curated selection of publicly available employee opinions and other information.

For more information on U.S. News and World Report's list of Best Companies to Work For, visit the ranking at USNews.com.

About SMP
With over 100 years in business, Standard Motor Products, Inc. is a leading independent manufacturer and distributor of premium replacement parts in the automotive aftermarket and a custom-engineered solutions provider to vehicle and equipment manufacturers in diverse non-aftermarket end markets.  SMP sells its products primarily to retailers, warehouse distributors, original equipment manufacturers and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico and other Latin America countries. For more information, download the SMP Parts App or visit SMPcorp.com.

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SOURCE Standard Motor Products, Inc.

FAQ

Why was Standard Motor Products (SMP) named one of the Best Companies to Work For?

SMP was recognized for its excellent benefits, professional advancement opportunities, inclusive workplace culture, competitive wages, and comprehensive health and wellness programs.

What special distinctions did SMP receive from U.S. News and World Report?

SMP was named one of the Best Companies to Work For in the Northeast and one of only eight companies recognized in the Auto and Parts category.

What criteria were used to rank Standard Motor Products on the Best Companies to Work For list?

The ranking considered pay quality, work/life balance, job stability, physical and psychological comfort, belongingness, and career opportunities, based on employee opinions and other publicly available information.

Who is the CEO of Standard Motor Products, and what did he say about the award?

The CEO of SMP is Eric Sills. He expressed pride in the recognition and emphasized the company's commitment to employee engagement and well-being.

What benefits does Standard Motor Products offer to its employees?

SMP provides a variety of health and wellness programs, competitive wages, training opportunities, and an inclusive workplace promoting a safe and healthy work environment.