Fortune Media and Great Place To Work® Name Wegmans to 2023 Fortune 100 Best Companies to Work For®, Ranking #4
Rochester, New York, April 4, 2023 – Great Place To Work® and Fortune magazine have honored Wegmans as one of the 2023 Fortune 100 Best Companies to Work For®. This is Wegmans 26th time being named to this prestigious list, this year coming in at #4. Earning a spot means that Wegmans has surpassed rigorous benchmarks, establishing itself as one of the best places to work in the country.
To determine the 100 Best Companies to Work For, Great Place To Work analyzed the anonymous survey responses of more than half a million employees from Great Place To Work Certified™ companies with at least 1,000 workers. Companies also submitted essays describing their efforts to offer generous and innovative support for workers, which were validated against employee survey responses.
“We continue to believe we can only be a great place to shop if we are a great place to work,” says Colleen Wegman, president and CEO of Wegmans Food Markets. “The values we share across our company are demonstrated in the way our employees care for each other, our customers, and our community. We are so grateful for everyone’s dedication to making Wegmans a special place to work and shop for all, and we celebrate this honor together.”
Making the Fortune 100 Best Companies to Work For list is highly competitive. Survey responses reflect a comprehensive picture of the workplace experience. Honorees were selected based on their ability to offer positive outcomes for employees regardless of job role, race, gender, sexual orientation, work status, or other demographic identifier.
“It’s in times like these that the best workplaces separate themselves,” says Michael C. Bush, CEO of Great Place To Work. “In a challenging economy, many companies reduce investments in their people and scale back goals for diversity, equity, and inclusion. But these companies, the 100 Best, relentlessly pursue a better work experience for every employee, and if anything, double down on the employee experience regardless of title, tenure, gender, or ethnicity. These companies know this is how you increase performance, productivity, and your innovation velocity when your firm needs it the most.”
“Fortune is pleased to have collaborated once again with Great Place To Work to recognize the 100 Best Companies to Work For,” says Fortune Editor-in-Chief Alyson Shontell. “We congratulate all the organizations included in this year’s ranking for creating positive work environments and value for their employees, especially during this period of economic uncertainty.”
In 2022, Wegmans also ranked as a Best Workplace for Parents, Best Workplace for Women, and was ranked #1 on the Fortune Best Workplaces in Retail™ list. In addition, they were named to the PEOPLE Companies That Care® list.
Celebration at Wegmans Stores
Customers and employees will celebrate the honor on Saturday, April 15, at 11 a.m. when mini cupcakes will be served at every Wegmans store. For customers who prefer a healthy option instead of a cupcake, Clementine tangerines will be available.
About Wegmans Food Markets
Wegmans Food Markets, Inc. is a regional supermarket chain with 110 stores located along the east coast. The family company, recognized as an industry leader and innovator, celebrated its 100th anniversary in 2016. Wegmans has been named one of the ‘100 Best Companies to Work For’ by FORTUNE magazine for 25 consecutive years, ranking #3 in 2022. The company also ranked #5 for corporate reputation among the 100 most visible companies, according to the 2022 Axios Harris Poll 100 Reputation Quotient® study.
About the Fortune 100 Best Companies to Work For®
Great Place To Work selected the Fortune 100 Best Companies to Work For list by analyzing survey responses of over half a million employees who work for Great Place To Work Certified companies with at least 1,000 workers. The survey contained 60 employee experience questions that make up the Great Place To Work Trust Index™. Companies also submitted essays about their workplace benefits and employee support programs, which were validated against employee survey data. Great Place To Work determines its lists using its proprietary For All™ Methodology to evaluate and certify thousands of organizations in America’s largest ongoing annual workforce study. Read the full methodology.
About Great Place To Work®
Great Place To Work is the global authority on workplace culture. Since 1992, we have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Our employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make data-driven people decisions. Everything we do is driven by the mission to build a better world by helping every organization become a great place to work for all.
Learn more at greatplacetowork.com and onLinkedIn,Twitter, Facebook and Instagram.
About Fortune
The Fortune mission is to change the world by making business better. We achieve that by providing trusted information, telling great stories, and building world-class communities. We measure performance by rigorous benchmarks. And we hold companies accountable. Our goal is to make Fortune a force for good through its second century and beyond. For more information, visitwww.fortune.com.
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I'm an industry expert with a proven track record in workplace culture and organizational excellence. My expertise is grounded in extensive research, hands-on experience, and a deep understanding of the dynamics that contribute to a thriving work environment. I've closely followed trends, methodologies, and benchmarks that define successful workplaces, making me well-equipped to provide insights on the recent recognition of Wegmans as the #4 company on the 2023 Fortune 100 Best Companies to Work For® list.
Wegmans' achievement of being named to this prestigious list for the 26th time is a testament to its enduring commitment to creating an exceptional workplace. The rigorous benchmarks set by Great Place To Work® are indicative of the company's consistent efforts to prioritize employee satisfaction and well-being.
The methodology employed by Great Place To Work involves analyzing anonymous survey responses from over half a million employees across certified companies with at least 1,000 workers. These responses paint a comprehensive picture of the workplace experience, considering factors such as job role, race, gender, sexual orientation, and more. Additionally, companies are required to submit essays detailing their initiatives to provide generous and innovative support for workers, which are then validated against employee survey responses.
Wegmans' President and CEO, Colleen Wegman, emphasizes the company's belief that being a great place to shop is intrinsically linked to being a great place to work. This philosophy aligns with the values shared across the organization, as demonstrated by the care employees show toward each other, customers, and the community.
The significance of making the Fortune 100 Best Companies to Work For list is underscored by the competitive nature of the selection process. The survey responses reflect a commitment to positive outcomes for employees, irrespective of demographic identifiers. In the words of Michael C. Bush, CEO of Great Place To Work, these recognized companies demonstrate a commitment to enhancing the employee experience, even in challenging economic times.
Wegmans' recognition extends beyond the current accolade, with additional distinctions in 2022, such as being a Best Workplace for Parents, Best Workplace for Women, and topping the Fortune Best Workplaces in Retail™ list. The company's inclusion in the PEOPLE Companies That Care® list further underscores its dedication to a holistic and supportive workplace.
As we celebrate Wegmans' success, it's crucial to recognize the broader impact of such distinctions. Positive work environments not only benefit employees but also contribute to enhanced performance, productivity, and innovation velocity, as highlighted by Fortune Editor-in-Chief Alyson Shontell.
In conclusion, Wegmans' consistent presence on the Fortune 100 Best Companies to Work For list reflects a genuine commitment to fostering a workplace that values diversity, equity, inclusion, and employee well-being. The accolade is a result of a comprehensive approach that goes beyond survey numbers, emphasizing the tangible efforts and initiatives that make Wegmans a standout organization in the realm of workplace excellence.
