Schaumburg, IL (October 25, 2012) - Great Place to Work® named Assurance as one of the best workplaces in the United States on their annual 2012 Best Small $amp; Medium Workplaces list, published in the October 29th edition of FORTUNE magazine. Ranked 17th, the list recognizes companies with exceptional workplace cultures in the small (50-250 employees) and medium (251-999 employees) size categories. The winning organizations see many benefits including better financial performance, less employee turnover, higher levels of customer satisfaction and loyalty, more innovative and creative thinking, higher productivity and enhanced public perception.
Assurance was selected among hundreds of companies vying for a place on the list this year. Applicant companies opt to participate in the selection process, which includes an employee survey and an in-depth questionnaire about programs and company practices. Great Place to Work then evaluates each application using its unique methodology based on five dimensions: credibility, respect, fairness, pride and camaraderie.
Assurance's culture has excelled through its educational offerings including formalized trainings, learning lunches, advanced designation courses, as well as on-the-job mentoring, career path development and continued education reimbursement programs. Currently, 84% of employees participate in such courses. Community involvement is the second of three key factors differentiating Assurance from industry peers. With over 10,500 labor hours donated to local charities and one paid day off for employees to volunteer each year, Assurance – through its Assurance Caring Together (ACT) program – remains committed to inspiring hope in the communities where we live and work. Lastly, the company's focus on wellness led to the creation of the Eye of the Tiger Wellness program, organized stair climbs, onsite personal training, free fruit and wellness screenings, among others. Assurance's efforts to improve employee health and control escalating health care costs created a 924% return on investment.
"We've set out to build an internal culture centered on happiness, education, wellness and social responsibility,” said Tony Chimino, Chief Executive Officer of Assurance. He continued, "We couldn't be more pleased to receive this honor, as the Great Place to Work award is a culmination of our employees' dedication and belief in improving our business platform andbringing value to our clients.”
Assurance was honored at the Great Place to Work 2012 Small & Medium Business Conference on October 24 in San Francisco, where the winners and their rankings were revealed.
About Great Place to Work
Great Place to Work® is a global consulting and management training firm specializing in workplace excellence and development of high-trust organizational cultures. Its proprietary research tool, the Trust Index© Employee Survey is taken by over 10 million employees in 45 countries annually. Leading companies worldwide apply its Model® to increase the levels of trust across their organizations and drive business results. Annually, 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. Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.