Press
Best Egg Ranked as No. 37 Among 100 U.S. Companies Recognized for Outstanding Employee Sentiment and Satisfaction
WILMINGTON, Del., (September 20, 2023) – Best Egg, a leading fintech that provides flexible solutions to help people with limited savings confidently navigate their everyday financial life, has made Newsweek’s Top 100 Most Loved Workplaces® list. The 2023 Top 100 Most Loved Workplaces® are the result of a collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.
The results were determined after surveying more than 2 million employees from businesses with workforces varying in size from 50 to more than 100,000. The list recognizes companies that have created a workplace where employees feel respected, inspired, and appreciated and are at the center of the business model.
“We are thrilled to be recognized by Newsweek for the culture we have created here at Best Egg,” said Amy Stengel, Best Egg’s Head of Human Capital. “We take pride in prioritizing our people and believe that customer experience is directly linked to employee experience. Being ranked among the Top 100 Most Loved Workplaces is an honor as we continue to foster an inclusive environment while we work to empower our customers to be money confident.”
The key areas included in the analysis are based on how well companies demonstrate the areas within the Spark Model as defined by BPI including Systemic Collaboration, Positive Vision of the Future, Alignment of values, Respect, and Killer Achievement. Employee sentiments and emotions indicating how engaged employees are, how positive they feel about their workplace, and how committed they are to the organization’s success were analyzed to identify the Top 100 Most Loved Workplaces.
“With the rapidly changing workplace and competition for top talent, more companies are recognizing the importance of employee engagement and commitment”, said Nancy Cooper, Global Editor in Chief, Newsweek. “The workplaces that have demonstrated a commitment to their employees in 2023 are more likely to attract the best talent and deliver strong business outcomes.”
“Fully understanding and acting upon employee sentiment, emotion, and recommendations continues to be a challenge and top priority of executive leadership,” said Louis Carter, CEO of Best Practice Institute. “The companies on this list have committed to listening carefully to their employees to create a workplace employees love.”
For the full Newsweek list of 2023’s Most Loved Workplaces, please visit: https://www.newsweek.com/rankings/most-loved-workplaces-america-2023.
Methodology
To identify the top 100 companies for the Newsweek ranking, companies were evaluated and scored as follows: 35 percent of the initial score was based on employee survey responses; 25 percent was derived from analysis of external public ratings from sites such as Comparably, Careerbliss, Glassdoor, Indeed, and Google; and 40 percent came from direct interviews with and written responses from company officials. Newsweek then conducted additional research into every company on the list, as well as the top runners-up, to determine the final list of 100 companies and their ranking. (The list includes both U.S. firms and companies with a strong U.S. presence that are based overseas.)
About Newsweek
Newsweek is the modern global digital news organization built around the iconic, over 85-year-old American magazine. Newsweek reaches 100 million people each month with its thought-provoking news, opinions, images, graphics, and video delivered across a dozen print and digital platforms. Headquartered in New York City, Newsweek also publishes international editions in EMEA and Asia.
About Best Practice Institute
Best Practice Institute is an award-winning leadership and organization development center, benchmark research company, think tank, and solutions provider. BPI is the certifying body for Most Loved Workplace® and conducted the original research to create the model and criteria for becoming a Most Loved Workplace®. BPI’s research proves that Most Loved Workplaces® produce 3-4 times better customer service, employee performance, and retention than companies not loved by their employees.
For more information on how to apply to become a certified Most Loved Workplace in 2024, go to: http://www.mostlovedworkplace.com
About Best Egg
Best Egg is the leading financial confidence platform that provides flexible solutions to help people with limited savings confidently navigate their everyday financial lives. Best Egg supports customers through a growing suite of personal loans, credit cards, flexible rent, and financial health tools. Leveraging real-time customer insights and data engineering, Best Egg gives more people access to the resources they need to be money confident. For more information, visit www.bestegg.com.
Media Contacts:
Scott Baxt
Head of Research, Most Loved Workplace®
scottbaxt@bestpracticeinstitute.org
+1-917-805-6413
Lisa Albiston, Sr. Director, PR
Best Egg
Libby Burgoyne, Account Executive
Vault Communications