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ACH Among 100 Best Companies To Work For

Publication Date: Tuesday, January 22, 2008

FORTUNE announced today that Arkansas Children’s Hospital has been ranked 76th on the 11^th annual “100 Best Companies to Work For” list. The full list and related stories appear in the February 4 issue of FORTUNE, available on news stands January 28 and at www.fortune.com on January 22.

“Arkansas Children’s Hospital is honored to be ranked among FORTUNE’s “100 Best Companies to Work For” survey,” said ACH President and CEO Jonathan Bates, M.D. “Our employees take much pride in providing care, love and hope to our kids here at ACH. Their survey response, which comprised the largest portion of the survey, is what matters most and they feel that ACH is a very rewarding place to work.”

In addition, Arkansas Children’s Hospital was recognized under the category “Unusual Perks” for offering a pre-kindergarten fitness program by trained staff, and ranked number one in the Onsite Child Care category for companies that have “an onsite child-care center” with “least expensive, average monthly rates”.

A driving factor for the list this year is that these companies excel in creating jobs. The 100 companies on the 2008 list added 67,000 employees to their payrolls in the past year and employ a total of nearly 1.6 million employees; up 16 percent from the number employed by companies comprising last year’s list.

To pick the “100 Best Companies to Work For”, FORTUNE works with Robert Levering and Milton Moskowitz of the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. Of some 1,500 firms that were contacted, 406 companies participated in this year’s survey. Nearly 100,000 employees at those companies responded to a 57-question survey created by the Great Place to Work Institute, a global research and consulting firm with offices in 30 countries. Most of the company’s score (two-thirds) is based on the results of the survey, which is sent to a minimum of 400 randomly selected employees from each company.

The survey asks questions related to their attitudes about the 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, methods of internal communications, training, recognition programs and diversity efforts, etc. After evaluations are completed, if news about a company comes to light that may significantly damage employees’ faith in management, that company may be excluded from the list.

“The FORTUNE “100 Best Companies to Work For” ranking achieved by Arkansas Children’s Hospital we hope will help us attract more physicians, nurses and other quality staff to our hospital. We believe one of the positives for Arkansas is that this recognition will help other companies recruit outstanding employees to their business and our state,” added Bates.

Any company that is at least seven years old with more than 1,000 U.S. employees is eligible. The deadline for applying for next year’s list is March 31, 2008. For an online nomination form, go to www.greatplacetowork.com.

Arkansas Children's Hospital is the only pediatric medical center in Arkansas and one of the largest in the United States serving children from birth to age 21. The campus spans 28 city blocks and houses 292 beds, a staff of approximately 500 physicians, 80 residents in pediatrics and pediatric specialties and more than 4,000 employees. The private, nonprofit health care facility boasts an internationally renowned reputation for medical breakthroughs and intensive treatments, unique surgical procedures and forward-thinking medical research - all dedicated to fulfilling our mission of enhancing, sustaining and restoring children's health and development. For more information, visit www.archildrens.org.