Employees Give Edwards Jones High Ranking
Financial-services firm Edward Jones ranked No. 5 on Fortune magazine's "100 Best Companies to Work For 2012" list.
This is the company's 13th appearance on the prestigious list, according to Greg Grimshaw and Craig Stokes, local financial advisers.
Edward Jones also ranked No. 3 for large-sized companies and No. 2 for work-life balance for associates who feel "encouraged to balance their work and personal life." The firm was the highest ranking financial-services firm on the list.
Edward Jones' 13 Fortune rankings also include top 10 finishes for nine years and consecutive No. 1 rankings in 2002 and 2003 and consecutive No. 2 rankings in 2009 and 2010.
Currently, Edward Jones has 1,515 positions available throughout the country, mostly for financial advisor and branch office administrator. Each Edward Jones branch office includes one financial adviser and one branch office administrator who work one-on-one with clients in the communities where those clients live.
To pick the 100 Best Companies to Work For, Fortune partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America, according to a news release. A total of 280 companies participated in this year's survey.
Two-thirds of a company's score is based on the results of the institute's trust index survey, which is sent to a random sample of employees from each company. The survey asks questions related to their attitudes about management's credibility, job satisfaction and camaraderie.
The other third of the scoring is based on the company's responses to the institute's culture audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, internal communications, training, recognition programs and diversity efforts.
Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada. Every aspect of the firm's business, from the types of investment options offered to the location of branch offices, is designed to cater to individual investors in the communities in which they live and work, the news release said.
The firm's 12,000-plus financial advisers work directly with nearly 7 million clients to understand their personal goals - from college savings to retirement - and create long-term investment solutions that emphasize a well-balanced portfolio and a buy-and-hold strategy.
The Edward Jones website is www.edwardjones.com, and its recruiting website is www.careers.edward-jones.com.
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