MEMPHIS, Tenn., Jan. 16, 2014 /PRNewswire-USNewswire/ -- St. Jude Children's Research Hospital has been recognized for the fourth consecutive year as one of FORTUNE magazine's "100 Best Companies to Work For." The hospital ranked 30 up 22 places from last year. St. Jude employees give particularly high ratings to their pride in working for the organization and ability to make a difference.
The list recognizes companies with exceptional workplace cultures that foster high employee morale and dedication. Companies choosing to participate in the selection process are graded based on employee surveys and questionnaires about company programs and practices.
"At St. Jude, we strive to create an environment where great people can do their best work," said Dr. William E. Evans, St. Jude director and CEO. "In addition to providing the tools and support needed to excel, our leadership team works hard to foster the innovation and collaboration essential to our mission."
To choose the 100 Best Companies to Work For, FORTUNE partners with the Great Place to Work Institute. More than 252,000 employees at 257 companies participated in the most recent 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 is based on 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, methods of internal communication, training, recognition programs and diversity efforts.
"We think deeply about what we can do for our employees that will be meaningful," said Mary Anna Quinn, senior vice president and chief support operations officer at St. Jude. "Our work involves helping children and their families deal with very difficult diseases, which is extremely rewarding but also stressful. So, for example, our on-site fitness center isn't just a perk. It's an important part of efforts to ensure the overall well-being of our employees."
The full list is online at Fortune.com/BestCompanies and will be on newsstands Monday, January 20.
SOURCE St. Jude Children's Research Hospital