KALAMAZOO, Mich.—A simple truth: some places are better to work for than others. Every year, FORTUNE Magazine ranks companies on how pleasant they are for employees and recently released its list of “100 Best Companies to Work For,” selecting medical company Stryker Corporation as 68th overall. Stryker also ranked 9th, for the employee benefit of telecommuting.
Stryker provides orthopaedic implants as well as other medical and surgical equipment. Stephen P. MacMillan, chairman, president and chief executive officer at Stryker, said Stryker is a great company largely due to its employees. "We believe that we have a very special spirit at Stryker, and it is great to see this spirit acknowledged publicly," MacMillan said. "Our employees' efforts every day make Stryker the organization it is."
To pick the 100 Best Companies to Work For, FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. Three hundred eleven companies participated in this year's survey. 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 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 practices, internal communications, training, recognition programs and diversity efforts. Any company that is at least seven years old with more than 1,000 U.S. employees is eligible.
"Stryker believes in a strengths-based talent philosophy that brings out the best in our employees, enables them to give their best to our customers, their patients and the communities we serve," said Mike Rude, vice president, human resources.
The full list and related stories will appear in the Feb. 7, 2011, issue of FORTUNE, click here.
Source: FORTUNE Magazine