October 18, 2018 (Oakland, Calif.) – Great Place to Work and Fortune today announced their annual ranking of 150 Best Small & Medium Workplaces, plus research into how organizations can retain unique cultural advantages that drive business growth as they scale.
Surveys of thousands of employees across industries revealed that engagement usually drops as teams become larger. This is where the leading employers enjoy a distinct advantage going forward. Workers at the Best Medium Workplaces already rated their employers 19.5 percent higher on executive confidence, compared to peer organizations. The winners also boasted better results on questions linked to innovation, with scores from the Best Small Workplaces averaging 15 percent higher than at comparable employers.
|Top-Ranked SmallWorkplaces:||Top-Ranked MediumWorkplaces:|
|Hughes Marino||Intuitive Research and Technology Corporation|
|You Need a Budget||The Trade Desk|
|The Euduce Group||West Monroe Partners|
Exceptional Workplaces Drive Business Results
- Employees' experiences related to executive effectiveness, innovation-driving behaviors, and management fairness tend to decline as headcount grows.
- Across all businesses surveyed by Great Place to Work, those that reached the top quartile for executive effectiveness experienced median year-over-year revenue growth of 19 percent – 3X faster than companies in the bottom quartile.
- Companies in the top quartile for innovation-driving behaviors reported 22 percent median annual revenue growth. That's also 4X faster than peers.Thanks to their outstanding cultures, the Best Small & Medium Workplaces are cultivating the innovation and trustworthy leadership that will keep them highly competitive as they expand.
Thanks to their outstanding cultures, the Best Small & Medium Workplaces are cultivating the innovation and trustworthy leadership that will keep them highly competitive as they expand.
About the Best Small & Medium Workplaces
The ranking was based on anonymous feedback from more than 158,000 employees working at Great Place to Work-Certified™ organizations. Employees completed a Trust Index© survey with more than 60 questions assessing pride, camaraderie, executive effectiveness, innovation, benefits, professional development and other elements of a great workplace. Scores also considered organizations’ performance relative to their size and industry, as well as their ability to provide a great workplace for all employees, regardless of who they are or what they do. Survey results from eligible companies had a 5 percent margin of error or better, with a 95 percent confidence level. Organizations with 10 to 99 employees were considered for the small workplaces list and those with 100-999 employees were considered for the medium list.