Scripps Health Named to Fortune Magazine’s “100 Best Companies to Work For” List in 2010
Scripps is one of two San Diego-based companies to make the list
San Diego – Scripps Health has been named to Fortune magazine’s 13th annual list of America’s “100 Best Companies to Work For.”
Scripps ranked No. 40 on this year’s list and is the second San Diego-based company to make the list since the list’s inception in 1998, joining Qualcomm.
“Scripps is honored to be acknowledged for the third time by Fortune as one of America’s premier employers,” said Chris Van Gorder, president and CEO of Scripps Health. “This accomplishment is a result of the entire organization’s efforts to create and maintain one of the most attractive work environments in the country, ultimately benefitting our staff and more than 1.6 million patients who come to us for medical care each year.”
Ranked No. 19 on the list for annual pay, Scripps’ success in creating an attractive work environment stems from listening to its employees’ feedback to set organizational priorities, including compensation, benefits and leadership development. Fortune recognized Scripps for staying competitive on salaries during the economic downturn by making biannual marketplace salary adjustments; offering a phased retirement option that allows older employees to work part time with full-time benefits; and paying bonuses to 11,275 employees in December 2009 for meeting performance objectives.
Despite the economic downtown, Scripps is still hiring. Last year the organization received more than 1.2 million website hits for employment. And Scripps invests heavily in the development of its people, which has increased career development and employee retention.
“Scripps recruits the best and the brightest and we are always looking for new career development opportunities for our staff,” says Vic Buzachero, corporate senior vice president of innovation, human resources and performance management for Scripps Health. “Last year we spent more than $1 million in tuition reimbursement for nearly 3,500 employees.”
Scripps has also demonstrated remarkable success with employee retention. Approximately 27 percent of Scripps’ workforce has been with the organization for more than 10 years, and about 10 percent have been with Scripps for more than 20 years.
Scripps’ turnover rate for nurses – one of health care’s most competitive employment sectors – stands at 9.5 percent, well below California and regional industry standards.
“I have worked in many San Diego hospitals and once I got to Scripps there was no doubt that it was where I was meant to stay,” says Linda Ingalls, an intensive care nurse at Scripps Mercy San Diego. “Scripps has a way of looking at the whole person and that allows me to work at my full potential. It’s the ultimate career destination.”
The list will appear in the Feb. 8 issue of Fortune and is available online now at www.fortune.com. To select its “100 Best Companies to Work For” list, Fortune works with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. A total of 343 companies participated in this year’s survey and employees at those companies responded to a 58-question survey created by the Great Place to Work Institute, a global research and consulting firm.
The Fortune magazine ranking comes on the heels of two other national accolades Scripps Health has received for workplace excellence. For the sixth consecutive year, Scripps made AARP’s 2009 listing of the 50 Best Employers for Workers Over 50. Working Mother magazine named Scripps to its 2009 list of America’s 100 Best Companies for its family-friendly policies.
Contact: Stephanie Grant
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