In celebration of the firm's 75th Anniversary and in acknowledgement of successfully navigating the global pandemic, CDM Smith will recognize eligible employees with a cash BRAVO award, which is in addition to their regular compensation. Additional recognition was provided to field and construction teams for keeping essential infrastructure moving forward.
"Our core value of Shared Commitment is not just to survive the bad patches, but to share in the rewards of good times, too. Performance matters and because of our employees' unwavering efforts through 2021 we can proudly recognize their hard work," said Timothy B Wall, CDM Smith Chairman of the Board and CEO. "The focus and support from our amazing community of employees resulted in remarkable outcomes for our clients, which allowed for a strong and successful 2021 and sets us up for future success." Employees will receive the award in April.
CDM Smith is taking many other actions to move the firm, clients, and industry beyond the pandemic. The company says they continue to grow their investment in employee career development through programs like the Technical Specialist Development, Research and Development Incubator, and the launch of Leadership Academy.
To help their clients address their pressing needs, CDM Smith has plans to hire more than 900 professionals across the firm. During the pandemic, the firm made significant investments to protect its employees. According to the release, the company implemented a plan for no COVID-related furloughs or layoffs, made no salary or recognition compensation reductions or freezes, and honored every intern, new graduate, and experienced offer to keep staff employed and secure. And In 2022, the firm is projecting to continue its growth across all of its markets, including the recently launched digital company Trinnex. Interested candidates can apply online.
As stated in the release, CDM Smith wants to support the development of the next generation of STEM (science, technology, engineering and math) professionals and annually awards four $5,000 scholarships to assist undergraduate and graduate college students pursuing an eligible STEM program or major. In celebration of the 75th anniversary, scholarship amounts are increased to $7,500 and the number of available scholarships double to eight. In 2022, the four new scholarships are for STEM education for disadvantaged communities and under-represented minorities. The 2022 application period is open and will close on April 13, 2022. Learn more and apply on the company's website.