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CARY, NC (Jan. 10, 2007) – SAS, the leader in business
intelligence, again was named to FORTUNE's annual “100 Best Companies to Work For” list.
SAS has appeared on the prestigious list all 10 years it has been published, logging
six top-10 ratings. This year, SAS also appeared on the lists for companies with the
best child care, healthcare benefits and work/life balance programs.
“Our continuing presence on the FORTUNE list shows that employees are our most
important asset,” said Jeff Chambers, SAS Vice President of Human Resources. “We go to
great lengths to minimize life’s distractions however and wherever we can. It is not
altruism. It just makes good business sense.”
SAS employees are unusually loyal. Annual turnover is about 4 percent in an industry
in which 20 percent is the norm. The 2006 SAS employee survey found SAS workers are
proud of the work they do and believe their work contributes to SAS’ success. To keep
satisfaction high, CEO Jim Goodnight convened an employee committee representing all
major SAS divisions. Its mission: to help executives understand employee issues.
“Satisfied, committed employees lead to quality software and services, which leads to
loyal customers,” Chambers said.
Complete rankings and accompanying stories appear in the Jan. 22 issue of FORTUNE and
are currently available at www.fortune.com. In 2004, SAS’ consistent appearance on the
list earned the company a membership in the magazine’s Hall of Fame, whose 22 inductees
have appeared on every list since 1998.
Much has changed in the American workplace over the past decade. Back in 1998, 18
companies on FORTUNE’s list offered telecommuting; today 82 do. Only 28 companies on
the list offered domestic partner benefits; now that number is 70. Competition to get
on the list has intensified: This year 446 companies vied for a slot, up from 161 in
1998.
Robert Levering and Milton Moskowitz of the Great Place to Work Institute in San
Francisco compile FORTUNE’S "100 Best Companies to Work For" list based on two criteria:
an evaluation of the policies and culture of each company, and the opinions of the
company's employees. The latter is given more weight; two-thirds of the total score
comes from employee responses to a 57-question survey that goes to a minimum of 400
randomly selected employees from each company. The survey asks about things such as
attitudes toward management, job satisfaction and camaraderie within the organization.
The remaining one-third of the score is based on an evaluation of each company's
demographic makeup, pay and benefits programs, and culture. Companies are scored in
four areas: credibility (communication to employees), respect (opportunities and
benefits), fairness (compensation and diversity) and pride/camaraderie (philanthropy
and celebrations).
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