Honored as a Most Loved Workplace® for career
advancement, parents, young professionals and the LGBTQ+ community,
IDEAL Industries, Inc. ranks 100th globally in fostering
a culture that employees love.
SYCAMORE, Ill., May 22, 2024
/PRNewswire/ -- IDEAL Industries, Inc., a global leader in
designing and manufacturing superior products for electrical and
power industries, has been recognized by Newsweek as one of
the Global Top 100 Most Loved Workplaces® for 2024. The company
ranked 100th on the list, which features some of the world's most
reputable and innovative companies.
The Newsweek Global Top 100 Most Loved Workplaces® list is
based on the Best Practice Institute, Inc. (BPI) proprietary Love
of Workplace Index™ analysis. The companies that score highest on
this index are recognized as Most Loved Workplaces® and have a
chance to be featured on the Global Top 100 Most Loved Workplaces®
list. The ranking process is rigorous, combining multiple sources
of information:
- Employee-submitted Love of Workplace Index™ survey
- External public online ratings (Glassdoor, Indeed, Google,
etc.)
- Direct interviews with and responses from company
officials
- In-depth third-party evaluations on company culture.
"We are honored to be recognized by Newsweek as one of the
Global Top 100 Most Loved Workplaces," said Steve Henn, Chairman and CEO of IDEAL
Industries, Inc. "This honor reflects the healthy culture we have
built at IDEAL, which is led by our fantastic employees, the heart
and soul of our company. We strive to create a work environment
that supports their personal and professional growth, while also
making a positive impact on the communities we serve."
Most Loved Workplace® Distinctions
One of the criteria for being a Newsweek Global Top 100
Workplace is to be a Most Loved Workplace®, which means that the
company has a culture that inspires and motivates its employees. A
Most Loved Workplace® is not only about offering competitive
compensation and benefits, but also about creating a sense of
belonging, recognition, and value for each employee. A Most Loved
Workplace® encourages employees to share their ideas, pursue their
passions, and achieve their goals. Employees who love their
workplaces are more engaged, productive, and loyal, and they
contribute to the company's success and innovation.
As part of the ranking, IDEAL Industries, Inc. was also honored
as a Most Loved Workplace® in four categories: career advancement,
parents, young professionals, and the LGBTQ+ community. These
categories reflect the company's commitment to fostering a culture
that values belonging, diversity, inclusion, and empowerment for
all its employees.
Employees noted some of the positive cultural benefits that led
to the Most Loved Workplace® distinction include flexible
(hybrid/remote) work options, inclusion efforts, learning and
development opportunities, community service, paid time off, and
well-being programs.
IDEAL Industries, Inc. is a family-owned business that has been
operating for more than a century. The company prides itself on its
long history of innovation and excellence, as well as its strong
relationships with customers, partners, and stakeholders.
IDEAL Industries, Inc. offers a wide range of products and
solutions for the electrical, data communications, industrial,
aerospace, and construction markets. Some of its well-known brands
include IDEAL Electrical™, Anderson Power™, and Enatel.
Most Loved Workplaces® is a registered trademark
of the Best Practice Institute, Inc., of Palm Beach Gardens, Florida.
About IDEAL INDUSTRIES, INC.
IDEAL INDUSTRIES, INC. is a global, diversified family-owned
business designing and manufacturing superior products for
electrical and power industries. The 108-year-old company was
founded in 1916 on the premise of forging ideal relationships with
customers, employees, partners, and communities. The company has
consistently grown and expanded under five generations of family
ownership.
For more information,
visit: https://www.idealindustries.com/
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SOURCE IDEAL Industries