EVANSTON, Ill., Oct. 12, 2016 /PRNewswire/ -- A positive work environment is essential to a healthy business and has been a central component of our success. So we're proud to announce that Katalyst Technologies has earned a place among of the country's Best Small and Medium Workplaces recently announced by consulting firm Great Place to Work® and Fortune.
Katalyst Technologies won this accolade based on employees' anonymous responses to an extensive survey about their levels of trust, pride and camaraderie at work. Great Place to Work® reviewed the survey results of more than 52,000 employees from hundreds of companies in the ranking process. Among the findings from the study: trust fuels business performance. For example, the Best Small and Medium Workplaces enjoy roughly three times the revenue growth of their peers, even as they provide a better experience for their people.
"As a fast-growing company, we encourage collaboration and teamwork, and our employees have the ability to contribute to the success of the company as individuals as well," said Rahul Shah, Founder & CEO of Katalyst Technologies. "Our associates have ample opportunities for professional advancement, yet still feel they are part of small, entrepreneurial growth story. This contributes a great deal to both our employees' and company's successes."
Katalyst Technologies came in 90th on the list.
"There's a generosity of spirit that infuses the Best Small and Medium workplaces—one that has a measurable return," said Kim Peters, Executive Vice President of Great Place to Work. "Whether it's funding employee 'passion projects' or giving surprise gifts to customers, the best workplaces give it away. And they get it back in the form of inspired people who innovate harder and generate higher revenue."
The Best Small and Medium Workplaces is one of a series of rankings by Great Place to Work and Fortune based upon employee survey feedback from Great Place to Work-CertifiedTM organizations.
Katalyst Technologies also ranked as a best workplace for Millennials by Great Place to Work and Fortune.
About Katalyst Technologies:
Founded in 2001, Katalyst Technologies is one of the fastest-growing IT companies in Chicago. Katalyst Technologies offers a wide range of technology services including ERP solutions, supply chain management, and mechanical engineering for companies both nationally and internationally. Katalyst Technologies currently employs over 500 professionals in their Chicago, Atlanta, and India offices.
About The Best Small and Medium Workplaces:
Published together with our partner, Fortune, the Best Small & Medium Workplaces rankings are based entirely upon feedback from more than 52,000 employees at Great Place to Work–Certified companies. Employees completed our anonymous Trust Index© survey, answering questions about how frequently they experience the behaviors that create a great workplace, including, for example, their assessment of the honesty and quality of communication by managers, degree of support for employees' personal and professional lives and the authenticity of relationships with colleagues.
Results from the survey are highly reliable, having a 95% confidence level and a margin of error of 5% or less. Winning a spot on this list indicates the company has distinguished itself from peers by creating a great place to work for all – not only do the majority of their employees experience the company as a great place to work, but this experience is consistent across the organization, regardless of gender, race/ethnicity, job role, or other personal characteristics. The companies with the highest employee ratings compared with organizations of the same complexity in size and scope were selected for the list. Companies with fewer than 100 employees compete for placement on the 50 Best Small Workplaces list, and companies between 100 and 999 employees compete for placement on the 100 Best Medium Workplaces list.
About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work® produces the annual Fortune "100 Best Companies to Work For®" and a series of Great Place to Work® Best Workplaces lists, including lists for Millennials, Women, Diversity and over a half dozen different industries.
Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.
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SOURCE Katalyst Technologies