News - January 2006

Two WDN Members Make Fortune 100 List of Best Places to Work
Wegmans and Nixon Peabody, LLP were included in the ranking of companies that rate high with employees.

Wegmans News Release
Nixon Peabody News Release
See List of all Employers on the fortune 100 List

Wegmans Again Ranks High on FORTUNE "Best Companies to Work" For List
Rochester, NY – Wegmans has been named to FORTUNE magazine's 2006 list of the “100 Best Companies to Work For,” this year ranking #2.   This marks the ninth consecutive year Wegmans has appeared on the annual list and its fourth year ranked among the top 10.    The list and related stories appear in the January 23 issue of FORTUNE, available on newsstands January 16 and at on January 9.

While ranked #2 overall, Wegmans was the top company on the list of large employers (those with 10,000 employees or more), and was named one of the ten best companies for encouraging employees to balance work and personal life.

In 2005, Wegmans ranked #1 on the list.  “We are totally committed to making Wegmans the very best company to work for.   It has been a wonderful experience to have spent this past year at the top of the list, and we're delighted to remain so close to the top in 2006,” said CEO Danny Wegman .

Chairman Robert Wegman said, “No matter what we have invested in our people, we've gotten more in return.  I have always believed that our path to great customer service began with that investment.  That philosophy has proven itself many times over.”

"The 100 Best Companies to Work For" list is compiled for FORTUNE by Robert Levering and Milton Moskowitz of the Great Place to Work Institute in San Francisco , based on two criteria: an evaluation of the policies and culture of each company, and the opinions of the company's employees. The latter is given more weight; two-thirds of the total score comes from employee responses to a 57-question survey which goes to a minimum of 400 randomly selected employees from each company.

More than 100,000 employees from 466 companies participated in the survey this year, up from 356 candidate companies last year. It asks about things such as attitudes towards management, job satisfaction, and camaraderie within the organization. The remaining one-third of the score is based on an evaluation of each company's demographic makeup, pay and benefits programs, and culture.   Companies are scored in four areas: credibility (communication to employees), respect (opportunities and benefits), fairness (compensation, diversity), and pride/camaraderie (philanthropy, celebrations).  Companies that are at least seven years old and have 1,000 or more employees are eligible for the list. 

Nixon Peabody Named a “ Best Place to Work” By FORTUNE Magazine
Law Firm Earns 49th Spot On Magazine's “100 Best Companies To Work For” List
January 9, 2006 ( Boston, MA ) -- Nixon Peabody LLP, a full-service law firm with more than 600 attorneys, has been named one of the “100 Best Companies To Work For” by FORTUNE magazine. Nixon Peabody is one of only six law firms to be named to the 2006 list. The list and related stories appear in the January 23 issue of FORTUNE, available on newsstands January 16 and at on January 9.

Every year, FORTUNE magazine selects the 100 best companies to work for in the United States from hundreds of candidates. An organization must excel in many areas to be chosen. Companies are scored on job satisfaction, benefits, diversity, compensation, employee communications, camaraderie and philanthropy. Two thirds of a company's score is based on the opinions of the company's own employees.

“We at Nixon Peabody are delighted by this recognition, especially because it calls attention to something that we have known for quite some time -- that the best companies to work for are made up of the best people to work with,” said Harry P. Trueheart, Chairman of Nixon Peabody. “Our people are our essence. The spirit, skills and dedication of our personnel have made Nixon Peabody a special place to work, and a great organization for our clients to do business with. We are pleased to stand among many of the nation's most respected companies, and to pay tribute to our personnel in such a powerful way.”

Nixon Peabody uses five strategic objectives -- client satisfaction, employee satisfaction, professional development, quality processes and financial performance -- to guide its financial and workplace success. William Simpson, Director of Human Resources at Nixon Peabody, said, “At Nixon Peabody, our strategic drivers constantly remind us to listen to our people and focus evenly on all, rather than just one, of our objectives. These underlying objectives provide a roadmap for continuous improvement in a number of key areas, ensuring that year after year progress is achieved in making Nixon Peabody a better place to work.”

Nixon Peabody offers a variety of innovative benefit and career development programs. Many are unique within the legal industry and include:

Benefits That Support Employees' Lives

  • A gender neutral four-week paid parenting leave
  • Benefits that include health and dental coverage, an Employee Assistance Plan, child care resources, family leave benefits, supplemental accidental death and dismemberment insurance, dependent life insurance, long term care insurance, back-up day care, and elder care
  • A Paid-Time Off (PTO) Policy that allows employees to carry-over unused time off and enables the firm to “buy back” unused PTO from non-exempt employees at 100% or 120% of the value

Benefits That Support Career Development and Enhancement

  • A biennial job satisfaction survey that uses employee input to determine areas for improvement
  • More than 25 attorney training programs, ranging from leadership development to practice-specific skills trainings
  • A Diversity Action Committee that supports the firm's goal of being an innovative leader in diversity.

Nixon Peabody will be holding special events in its offices to celebrate its recognition as a best place to work. To attend an event or for more information, contact Andrea Goodman, Director of Communications, at 617-345-1381 / , or Maria Brown with Linden Alschuler & Kaplan Public Relations at 212-575-4545 / .



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