Marlow, UK – 16 January 2014 – Business analytics leader SAS has continued its uninterrupted run on Fortune magazine's list of 100 Best Companies to Work For in the US. Marking its 11th time in the top 10, SAS ranks No. 2 this year for its challenging work, empowering leadership and great workplace environment. [SH1]
On the list yearly since its 1998 inception, SAS attracts and keeps creative employees because doing so directly contributes to consistent revenue growth, profitability and industry-leading products and solutions. SAS CEO Jim Goodnight firmly believes that happy employees create happy customers. “In our industry, rapid innovation and extreme customer care are essential,” said Goodnight. “The best way to make that happen is by supporting people. We have spent decades perfecting a culture and work environment that encourages creativity by addressing the day-to-day stresses and concerns that employees inevitably bring to work.”
“A good portion of our ranking is determined by an employee survey,” said Jenn Mann, SAS Vice President of Human Resources. “Our employees feel SAS is a great place to work. Our culture and work environment make our employees feel valued. Our employees feel good about the products they create, enjoy the people they work with and take pride in the company they work for.”
The philosophy works. SAS' employee turnover rate remains extraordinarily low: 3.6 per cent versus an industry norm of more than 15 per cent. By reducing turnover, SAS reduces recruitment costs, retains knowledge and builds deeper, longer-term customer relationships.
“The companies on this list understand the role that people and culture play in their success,” offered China Gorman, CEO of Great Place to Work. “A great workplace culture and high-trust work environment win these companies not just a spot on this list, but buoys their overall success in an increasingly competitive marketplace.”
Last year, SAS ranked No. 2 on the elite Top 25 World's Best Multinational Workplaces list from Great Place to Work® as well as No. 2 among Fortune’s 2013 Best Companies to Work For in the US. SAS was No. 1 on the US list in 2010 and 2011.
View the full list, company profiles and related stories online now, or in the Feb. 3 issue of Fortune.
About Great Place to Work®
Great Place to Work Institute is a global research, consulting and training firm that helps organisations identify, create and sustain great workplaces through the development of high-trust workplace cultures. Great Place to Work serves businesses, nonprofits and government agencies in 45 countries on all six continents.
Great Place to Work is a global consulting firm specialising in workplace excellence and development of high-trust organisational cultures. Their proprietary research tool, the Trust Index© Employee Survey is taken by over 10 million employees in 45 countries annually. Leading companies worldwide apply their Model® to increase the levels of trust across their organisations and drive business results. In the United States, Great Place to Work produces the annual FORTUNE 100 Best Companies to Work For® list and the Great Place to Work® Best Small and Medium Workplaces list.
Fortune is a global business magazine that has been revered in its content and credibility since 1930. Published biweekly, every issue is completely saturated with profoundly deep and extensively detailed analyses of the entire field of business, including specific companies, tendencies, prominent people, and new ideas that are characterising the modern world. Fortune magazine is particularly well-known for its exceptionally reliable annual rankings of companies. Examples of these highly researched features are the “Fortune 500,” which ranks the world’s companies by gross revenue, and the “Best Companies to Work For,” both of which have become industry benchmarks. This publication furthers understanding of the economy, provides implementable business strategy, and maximises ability to make objective decisions. Fortune magazine is prized in its category of magazines and has been proven a reliable source of integral knowledge.
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 65,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®.
SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2014 SAS Institute Inc. All rights reserved.
[SH1]This is subject to change pending our actual ranking, which will not be known until around 7am eastern on Thursday, Jan. 16. Please consult the final press release sent out by Joanne LaManna on the actual release date – Jan. 16 – for final language.