NEWYORK, June 28, 2016 – OppenheimerFunds, a leading global asset manager, today announced that consulting firm Great Place to Work® and Fortune have recognized the firm as one of the country’s 100 Best Workplaces for Millennials in 2016, as well as one of the 30 Best Workplaces to Retire From.
“Being recognized as a highly desirable workplace for Millennials, as well as a great firm to retire from, is a real testament to the work environment we have built, a truly great place for employees at all stages of their career,” said Andy Doyle, Chief Human Resources Officer. “We are proud of our employees across the organization who collectively create a culture that supports one another’s personal and professional lives, transparency around communication, and internal career mobility and opportunities.”
To compile the 100 Best Workplaces for Millennials ranking, Fortune asked Great Place to Work® to survey more than 88,000 Millennials (born 1981 or later), who rated their organizations on 58 workplace quality questions. Employees considered the sincerity of managers’ support for people’s personal and professional lives, how transparent communication is, people’s ability to be themselves at work and to invest in their lives outside work, and the meaning they get from their jobs, among many other factors. Millennials’ anonymous responses resulted in a total score for each company, which was compared to the benchmark for organizations of that size. Companies needed to employ at least 50 Millennials and achieve a 95% confidence level and margin of error of 5% or less in order to be eligible.
“There are more similarities than differences when it comes to what different generations want in a great workplace,” says Michael C. Bush, CEO of Great Place to Work®. “Our research shows that company pride, a sense of community and competent, ethical leadership can bring Millennials, Gen Xers and Baby Boomers together for a great, high-performing workplace.”