SAS RANKS NO. 1 ON FORTUNE "BEST COMPANIES TO WORK FOR" LIST IN AMERICA (2010.01.21)
CARY, NC (Jan. 21, 2010) – SAS, the leader in business analytics, is No.1 on FORTUNE magazine’s annual "100 Best Companies to Work For" list. SAS was listed as one of the best for health care, child care and work-life balance. SAS has made the list all 13 years since it was first established in 1998. This is the seventh time SAS has been in the top 10 and the fifth time in the top five.
"The most important considerations for this year’s list were hiring and the ways in which companies are helping their employees weather the recession," said FORTUNE Deputy Managing Editor Hank Gilman. "All 100 companies on our list are currently hiring, many of them aggressively, leading to more than 96,000 open job positions expected in the next year."
SAS CEO Jim Goodnight said, "For 2010, I make the same promise that I did last year – SAS will have no layoffs. Too many companies worldwide sacrificed employees and benefits to cut costs in 2009. SAS took the opposite stance, and we have been rewarded in employee loyalty and overall success of the business. Maintaining this position throughout the downturn puts us in the best position to meet the expected market upturn."
SAS has long been recognized as an innovator in encouraging employee work-life balance. Employees at SAS headquarters in Cary, NC, enjoy on-site amenities including free health care, subsidized child care, a free 66,000-square-foot recreation and fitness center, and programs that promote employee wellness. As a result, SAS employees are unusually loyal. Annual turnover is about 4 percent in an industry in which 22 percent is the norm. This low turnover translates into long-term relationships with customers, knowledge retention, and low recruitment and training costs.
Source: SAS News / Press Releases / SAS ranks No. 1 on FORTUNE ‘Best Companies to Work For’ list in America
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