NEW YORK, NY, August 16, 2017 – Inc. magazine today ranked Work Institute number 3934 on its 36th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small and midsized businesses.
“We are honored to be included on this prestigious list of the most successful private organizations. We are proud to share the story of the growth we have achieved through our proven approach to managing human capital and creating better workplaces,” says Danny Nelms, president of Work Institute, a leader in workforce intelligence, research and consulting. “Companies realize that to compete for talent in today’s marketplace, you must be intentional about becoming a preferred workplace.”
The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 16), is the most competitive crop in the list’s history. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 new jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
"The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
Work Institute has fueled its growth by providing workforce research solutions to a strong roster of leading organizations across a variety of industries including healthcare, manufacturing, and automotive as well as expanding services to include consulting, leadership development and education expertise. These capabilities allow the company to provide a full-service partnership for solving issues related to turnover, engagement, retention, and talent management. The company’s ability to provide solutions that produce positive change for organizations has driven 73% growth over the past three years. Work Institute has been featured recently in USA Today, Employee Benefit News, HR Dive , Human Resources Director, Recruiter, BenefitsPro, ERE Recruiting Intelligence, and a number of business and financial publications for its cutting-edge research published in the company’s 2017 Retention Report which is available on the company’s website. The national study based on 240,000 exit interviews finds that over 75% of the reasons employees leave their jobs could have been prevented by their employer saving employers an average of $15,000 per employee. The report, released in April, reveals the truth about the employee marketplace, separates fact from fiction when it comes to why employees leave their jobs, and identifies what motivates employees to stay.
About Work Institute
Work Institute is a leading authority in workforce intelligence, utilizing evidence-based research methods to capture the employee voice and deliver deep insights that uncover “the why” behind employee thoughts, feelings and behaviors to confidently build and implement successful workplace transformation strategies. Key products and solutions include: exit interviews, stay interviews, engagement studies, onboarding studies, recruitment studies, and custom consulting. Partnering with multiple Fortune 500 clients as well as organizations of all sizes, Work Institute helps companies that seek to purposefully improve retention and engagement. For more information about Work Institute, please visit www.workinstitute.com.
About the Inc. 5000 Methodology
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/inc5000.
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