Press Releases -
Great Place to Work -
March 5, 2015
SAN FRANCISCO, Mar. 5, 2015 – What makes a workplace great? While everyone may answer that question differently, it is undisputable that trust, pride and camaraderie are among the key ingredients. Every year, Great Place to Work® and Fortune team up to identify the 100 Best Companies to Work For©, as rated by employees. All of the companies that made this year's list, including Twitter, Nationwide Insurance and Workday, demonstrate high levels of trust between employees and management.
"It is no coincidence that the 100 best workplaces are also extremely profitable and successful companies," said China Gorman, CEO of Great Place to Work®. "Research by our firm definitively showcases that the best places to work outperform their competitors. There is an absolute ROI when companies invest in creating a high-trust workplace culture. Great workplaces have significantly less turnover and produce employees who have a vested interest in the company."
Professional services, financial services & insurance and information technology (IT) are the industries with the largest representation on this year's list– with healthcare and retail following closely behind. Some findings from these industries include the following:
This year's list reinforced that company leaders recognize that a strong connection between a positive employee experience and improved business outcomes exists. Whether the outcome is outstanding customer service, attracting and retaining the industry's top talent or creating superior products, efforts to become a great workplace are invariably perceived as closely tied to these business goals.
"A new type of 21st century company is emerging," said China Gorman. "It is transforming how business is done both internally and externally. It understands that having happy employees can result in higher productivity, better engagement and greater loyalty. These factors ultimately lead to a competitive advantage and enable companies to quickly bounce back from challenging situations. The 100 Best companies set the standard for businesses."
This year marks the 18th annual Fortune 100 Best Companies to Work For® list. Over the past 18 years, Great Place to Work® and Fortune have surveyed millions of employees and witnessed the transformations of hundreds of companies. This year, 14 different industries are represented in the survey along with more than 250,000 of their employees. To learn more about the methodology used in this survey, please visit www.greatplacetowork.com.
About Great Place to WorkGreat Place to Work® is a global consulting and management training firm specializing in workplace excellence and development of high-trust organizational cultures. Its proprietary research tool, the Trust Index© Employee Survey is taken by over 10 million employees in 50 countries annually. Leading companies worldwide apply its Model® to increase the levels of trust across their organizations and drive business results. Annually, Great Place to Work® produces the annual Fortune and the Great Place to Work® Best Small and Medium Workplaces list. Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.