SAS ranks No. 1 on FORTUNE ‘Best Companies to Work For’ list
Mumbai, 15th February – 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.”
“In a tough economy, SAS did not waiver from our commitment to our employees and the innovative culture that keeps them challenged and provides work-life balance,” said Jenn Mann, Vice President of Human Resources at SAS. “SAS’ continued success proves our core belief: Happy, healthy employees are more productive.”
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.
SAS produces software that helps companies worldwide in every industry transform their data into predictive insights about company performance, customers, markets, risks and more. SAS helps companies solve complex business problems, achieve key objectives and more effectively manage their information assets.
About SAS
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. With innovative business applications supported by an enterprise intelligence platform, SAS helps customers at 45,000 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.
About SAS India
SAS has been in India since 1997 and has two wholly owned subsidiaries in the country: SAS Institute (India) Pvt. Ltd. and SAS Research & Development. With a team of more than 600 technology and domain experts, SAS India operations are headquartered in Mumbai with regional offices in Bangalore, New Delhi and Pune. SAS works with organizations across Industries and offers them critical enterprise intelligence to fuel innovation and meet their business objectives. Information on SAS India operations can be found at www.sas.com/india
About FORTUNE magazine’s annual “100 Best Companies to Work For” list
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. The full list and related stories are available at fortune.com/bestcompanies.
Atridev Misra
Mutual PR
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