SAN DIEGO, Calif. – Consulting firm Great Place to Work® and Fortune magazine announced that Renovate America has earned a place among of the country’s Best Small and Medium Workplaces. This list recognizes the top performing companies across the nation in terms of the workplace they have created for employees, with the understanding that a positive work environment is essential to a healthy business and a central component of success. Renovate America won this accolade based on employees’ anonymous responses to an extensive survey about their levels of trust, pride and camaraderie at work. Great Place to Work® reviewed the survey results of more than 52,000 employees from hundreds of companies in the ranking process. Among the findings from the study: trust fuels business performance. For example, the Best Small and Medium Workplaces enjoy roughly three times the revenue growth of their peers, even as they provide a better experience for their people.
“We are competing for the best employees in an economy known for creative and innovative workplaces, and we think what sets us apart is the larger mission of the company,” said Jamie Latiano Jacobs, Senior Vice President of People & Culture at Renovate America. “Renovate America is committed to making homes safer, healthier, more comfortable and more efficient, while at the same time improving the economic and environmental well-being of communities. Our employees work hard and with purpose to realize this mission, so we strive to celebrate their achievements and take care of the whole person.”
The company holds quarterly town hall meetings to encourage cross departmental collaboration, communication and team-building, as well as annual holiday celebrations. Employees enjoy 100 percent company-paid health coverage and a generous 401K with a 4% company match and immediate vesting. They also offer an Open PTO plan for exempt employees, 120 days of parental leave for new parents, and free lunch catered daily.
Renovate America came in at number 40 on the list of the 100 best medium-sized workplaces, which are defined as having between 100 and 999 employees.
“According to our study, 96 percent of Renovate America employees say it is a great workplace,” says Sarah Lewis-Kulin, Great Place to Work’s Senior Editor.
Renovate America employees completed 377 surveys, resulting in a 90 percent confidence level and a margin of error of ± 2.75 percent. Survey responses were overwhelmingly positive across all indicators, with 98 percent of surveyed employees saying that the company has a great atmosphere and 97 percent saying that they are proud to tell others that they work at Renovate America.
“There’s a generosity of spirit that infuses the Best Small and Medium workplaces – one that has a measurable return,” said Kim Peters, Executive Vice President of Great Place to Work. “Whether it’s funding employee ‘passion projects’ or giving surprise gifts to customers, the best workplaces give it away. And they get it back in the form of inspired people who innovate harder and generate higher revenue.”
The Best Small and Medium Workplaces is one of a series of rankings by Great Place to Work and Fortune based upon employee survey feedback from Great Place to Work-CertifiedTM organizations.
This is not the first time Renovate America has earned recognition as an employer, though it is the first time the company has been recognized on a national scale. Renovate America was named to the San Diego Business Journal’s Best Places to Work list in 2015 and 2016, and in 2015, placed number one in the midsize category of the San Diego Union-Tribune’s Top Work Places list.
