Mayo Clinic Named One of FORTUNE's "100 Best Companies to Work For" for Eighth Consecutive Year

Thursday, January 20, 2011

ROCHESTER, Minn. — FORTUNE announced Thursday that Mayo Clinic has been ranked 61 on the 14th annual "100 Best Companies to Work For" list. This is Mayo Clinic's eighth consecutive year on the list. The full list and related stories appear online at: FORTUNE: 100 Best Companies to Work For and in the print edition of FORTUNE available on newsstands on Jan. 24.

John Noseworthy, M.D., president and CEO of Mayo Clinic, attributes this honor to all Mayo Clinic employees. "It is an honor to be recognized again with placement on this select list. This distinction reaffirms the quality of our employees, who create an environment of service and healing for our patients. Our employees are the reason that our patients choose Mayo Clinic, often traveling great distances to come here," says Dr. Noseworthy. Shirley Weis, Chief Administrative Officer, adds, "We are fortunate that so many of our employees choose to make a career at Mayo Clinic. Their long service translates into a wealth of knowledge, experience and dedication — what we call the Mayo Effect — that benefits our employees as well as our patients."

To pick the 100 Best Companies, FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. This year, 311 companies participated in the 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 employees' attitudes about job satisfaction, camaraderie and management's credibility. The other one-third of the scoring is based on the company's responses to the Institute's culture audit, which includes detailed questions about pay and benefits, and a series of open-ended questions about hiring, communication, training, recognition and diversity. Any company that is at least seven years old with more than 1,000 U.S. employees is eligible.

FORTUNE is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the FORTUNE 500 and the FORTUNE 100 Best Companies to Work For. FORTUNE Live Media extends the brand's mission into live events, hosting a wide range of annual conferences, including FORTUNE's Most Powerful Women and the FORTUNE Global Forum. FORTUNE publishes English-language editions in Europe and Asia, and local-language editions in China and South Korea. FORTUNE magazine's online home is CNNMoney.com, the most visited and utilized business destination web site.

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