Ernst & Young LLP named to FORTUNE’s “100 Best Companies to Work For” list for 13th year in a row
New York, 20 January 2011 — Ernst & Young LLP announced today that it has been listed among FORTUNE magazine's "100 Best Companies to Work for.” The firm ranks number 77 on the list of 100 companies. The full list and related stories are available now at www.fortune.com/bestcompanies.
“Our people make our workplace culture special so we are very proud to be named once again among the ‘100 Best Companies to Work For’,” noted Nancy Altobello, Americas Vice Chair of People, Ernst & Young LLP. “This ranking is particularly important to us because of the heavy weight the survey places on the direct opinions of our people. We work hard to attract the very best professionals and we listen to our people. We want every person to feel engaged in their work, to feel included, and to have opportunities to learn and grow.”
Ernst & Young LLP maintained its comprehensive benefits package throughout the economic downturn including personal financial planners, generous time-off policies, a 401(k) match and a wide range of life management tools and resources.
Over the past year, Ernst & Young LLP also ramped up efforts to seek feedback and listen to all employees. This included a “listening tour” by firm leaders, a rotating People Advisory Forum and a Global People Survey that asks opinions of employees on a wide variety of topics. The leaders then acted on what they have heard. For example, Ernst & Young LLP accelerated its performance management process this past year so that people could learn about their raises and promotions earlier than in past years. The firm also created EY Connect Day where all offices took a day off from work to spend time giving back to their communities and enjoying a team celebration event. In addition, Ernst & Young LLP launched Making it real, a new internal campaign using social media to spark dialogue and solicit feedback.
“We understand the connection between a strong workplace culture and success in the market,” continued Altobello. “The past few years have taught us to listen harder, to engage more and to never forget to keep the dialogue going with our people – at all levels and in all areas.”
To pick the 100 Best Companies, FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. Two-thirds of a company's score is based on the results of the Institute's Trust Index survey, which is sent to a random sample of employees from each company. The survey asks questions related to their attitudes about the management's credibility, job satisfaction, and camaraderie. The other third of the scoring is based on the company's responses to the Institute's Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring, communication, and diversity..
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 141,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
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Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. This news release has been issued by Ernst & Young LLP, a client-serving member firm of Ernst & Young Global Limited located in the US.