ASHLAND, KY — FORTUNE announced today that King’s Daughters Medical Center has been honored among the “100 Best Companies to Work For.” The full results of the 11th annual competition are available today at http://www.fortune.com, and will appear in Monday, Feb. 4, issue of FORTUNE magazine.
King’s Daughters, who ranks 63rd among the Best Companies, features the highest job growth rate (13 percent) among 10 hospitals on the list. In addition, of the 29 Best Companies that offer an onsite child-care center, KDMC offers the fifth most affordable services.
FORTUNE, in cooperation with the Great Place to Work Institute, determines the Best Companies winners by conducting the most extensive employee survey in corporate America. Of some 1,500 firms that were contacted, 406 companies participated in this year’s competition.
In determining the Best Companies, two-thirds of a company’s score is based on the results of a 57-question survey that determines attitudes about management’s credibility, job satisfaction and camaraderie. More than 100,000 people participated in the survey, which is sent to a minimum of 400 randomly selected employees from each company.
The other third of the scoring is based on companies’ responses to the Great Place to Work Institute’s Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, methods of internal communications, training, recognition programs and diversity efforts.
King’s Daughters president/CEO Fred Jackson says the road to providing the very best healthcare begins with a world-class team.
“While technology, skill and training are important to achieving our vision of providing world class care, it is our 3,656 team members who truly make it happen. Jackson says. “Every day, they create a caring compassionate environment for our patients and their families.”
According to FORTUNE, the “100 Best Companies” excel in creating jobs. The winners added 67,000 workers to their payrolls in the past year and employ a total of nearly 1.6 million—up 16 percent from the number employed by companies comprising last year’s list. With more than 3,600 employees, KDMC is the largest employer west of Charleston, W.Va., and east of Lexington, Ky. The medical center also features a 96-percent employee retention rate—one of the best in the nation for the hospital industry.
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