IDG Named By Fortune Magazine as “One of The 100 Best Companies To Work For in America”
BOSTON, MA – JANUARY 7, 2003 – International Data Group (IDG), the world's leading technology media company, today announced that for the third year in a row, FORTUNE magazine selected IDG as one of the "100 Best Places to Work for in America." Recognized for its dedication to employees, comprehensive resources and benefits it provides, IDG is the only technology publishing company on the list, ranked at number 58.
"I am proud that IDG once again is judged to be one of the best places to work in America," said Patrick McGovern, founder and chairman of IDG. "Despite the challenging climate of the past year, IDG continues to foster the entrepreneurial culture and emphasis on work/life balance that has been our focus since the company's founding nearly forty years ago."
This year, companies featured on FORTUNE's sixth annual list were selected based on their innovative programs for attracting and retaining world-class talent as well as keeping them satisfied in a downturn. IDG went above and beyond to motivate, satisfy and retain its employees. Examples of the innovative training programs the company has implemented are ongoing employee-focused seminars like "The IDG Professional," "The IDG Manager," and "Motivating on a Shoestring Budget." By supporting creative and informative programs, IDG continues to boost morale and encourage employee loyalty.
Additionally, IDG Founder and Chairman Pat McGovern continues to make his presence felt throughout the company by frequently visiting all business units around the globe during the year. For the past 39 years, McGovern spends four weeks around the holidays, personally greeting each employee in the U.S., while handing the employee their hand signed greeting card. McGovern also hosts a dinner with every employee to celebrate their 10-year anniversary with the company.
FORTUNE's January 20th "100 Best Companies to Work For" issue examines a variety of elements that illustrate a company's commitment to its employees including salary, benefits, work/life balance programs, education and diversity. To select this year's list, best selling authors Robert Levering and Milton Moskowitz who have been tracking the best companies since 1981, surveyed a random sample of employees from 269 candidate companies – more than 1,000 firms were considered to get their opinions about their workplaces. A total of 40,713 employees responded to the survey, created by the Great Places to Work Institute. Nearly half of the 19,529 employees surveyed gave additional written comments. Each company was also asked to fill out a questionnaire describing its HR policies and work places culture. In scoring the responses, Levering and Moskowitz places the greatest weight on the employee responses (two-thirds of the total), in addition to evaluating each company's benefits and practices. For more information on this year's ranking, please visit http://www.fortune.com.
About International Data Group
Headquartered in Boston, International Data Group (IDG) informs more people about information technology than any other company in the world and is the leading global provider of IT media, research, conferences and events. IDG publishes more than 300 newspapers and magazines in 85 countries, led by the Computerworld, InfoWorld, Macworld, Network World, PC World, and CIO global product lines. IDG offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 330 websites in 70 countries. IDG is also a leading producer of 168 computer-related events in 35 countries, and research arm International Data Corporation (IDC) provides computer industry research and analysis through 51 offices in 43 countries worldwide. Company information is available at www.idg.com.
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