Vanguard Among Fortune Magazine's ''100 Best Companies to Work For'' in...
VALLEY FORGE, Pa. -- Vanguard has been recognized as one of the "100 Best Companies to Work For" in 2006 by FORTUNE magazine. Ranking 60th on the list, Vanguard was one of only three Pennsylvania-based companies to be singled out by the national business publication. This marks the fifth
"We are pleased to have been selected by FORTUNE magazine as an employer of choice for 2006," said Kathleen C. Gubanich, managing director, Vanguard Human Resources. "We value the hard work and dedication of our crew and remain committed to providing them with a world-class working experience."
The FORTUNE 100 rankings are based on a comprehensive audit of workplace practices and culture, as well as a survey of randomly selected employees. Companies are then scored in areas such as credibility, respect, fairness, and pride. Vanguard received special acknowledgment for its crew recognition initiatives, including $250 "spot-bonus" awards given to crew members for exemplary service.
FORTUNE's "100 Best Companies to Work For" list and related stories will appear in the January 23, 2006, issue of the magazine, available on newsstands January 16. A complete listing of the companies also appears on the magazine's website (www.fortune.com).
The Vanguard Group, headquartered in Valley Forge, Pennsylvania, is the nation's second-largest mutual fund firm and a leading provider of company-sponsored retirement plan services. Vanguard manages more than $910 billion in U.S. mutual fund assets, including more than $270 billion in employer-sponsored retirement plans. Vanguard offers 130 funds to U.S. investors and more than 40 additional funds in foreign markets.
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