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CONSHOHOCKEN, PA --(Marketwired - March 03, 2016) - Today FORTUNE announced that IKEA U.S. is listed on the 2016 FORTUNE 100 Best Companies to Work For® list.
"I'd like to thank my fellow 14,000 U.S. co-workers for their contribution in making IKEA a great place to work," said Lars Petersson, IKEA U.S. President. "It's gratifying that our unique culture and values, together with the investments that we've made in our co-workers, help to make working at IKEA a great experience for co-workers. And happy co-workers contribute to a good shopping experience for our customers."
"The 100 best workplaces are at the vanguard of an emerging movement," said Michael Bush, CEO of Great Place to Work®. "It's a movement of great workplaces for all-for people of all backgrounds, geographies and job titles. The 100 best and those that join them are enjoying better business outcomes even as they build a better society."
IKEA was cited for its strong culture and how it ensures that employees live the company values of humbleness, willpower, simplicity, and togetherness and enthusiasm. The company was also recognized for their "egalitarian culture" that provides part-time co-workers who work 20 hours or more per week full benefits. Additionally, if an hourly co-worker has a disagreement with a corrective action or termination, the issue can be reviewed by a panel of peers.
Great Place to Work® evaluates each company's application using its unique methodology based on five dimensions: credibility, respect, fairness, pride and camaraderie. Applicant companies opt to participate in the selection process, which includes an employee survey and an in-depth questionnaire about their programs and company practices.*
What makes IKEA a great place to work
IKEA U.S. has recently been recognized as a great place to work on the Great Place to Work® and Fortune 20 Best Workplaces Retail list. Additionally, IKEA received the number three spot on the CareerBliss "Happiest Retailers to Work For" list and was also recently recognized by the Human Rights Campaign (HRC) Foundation with a 100%, perfect score on the 2016 Corporate Equality Index (CEI).
About IKEA Group
The IKEA vision is to create a better everyday life for the many people. Our business idea supports this vision by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them. There are currently 328 IKEA Group stores in 28 countries. Additionally, there are 40 IKEA stores run by franchises. There are 41 IKEA stores in the U.S. In FY 15, IKEA Group had 771 million visitors to the stores and 1.9 billion visitors to IKEA.com. IKEA incorporates sustainability into day-to-day business and supports initiatives that benefit children and the environment. For more information, please visit www.IKEA.com, facebook.com/IKEAUSA, @IKEAUSANews, @IKEAUSA, http://pinterest.com/IKEAUSA/, www.youtube.com/IKEAUSA, www.theshare-space.com, www.theshare-space.com/en/Blog
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®" list and a series of Great Place to Work® Best Workplaces lists including lists for Millennials, Women, Diversity, Small and Medium Companies and over a half dozen different industry lists.
Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.
About the methodology*
To identify the 100 Best Companies to Work For, each year Fortune partners with Great Place to Work to conduct the most extensive employee survey in corporate America. Two-thirds of a company's survey score is based on the results of the Trust Index Employee Survey, which is sent to a random sample of employees from each company. This survey asks questions related to employees' attitudes about management's credibility, overall job satisfaction, and camaraderie. The other third is based on responses to the 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.
**Industry average turnover rate is from the Society of Human Resources Management Report, July 31, 2015.
Mona Astra Liss
IKEA U.S. PR Director
610.834.0180, ext. 5852