Great Place to Work has once again honored Torch Technologies (Torch) as one of the 2020 Best Workplaces for Millennials. The ranking considered feedback representing over 4.9 million employees working at Great Place to Work-Certified organizations. Great Place to Work, a global people analytics and consulting firm, evaluated more than 60 elements of team members’ experience on the job. Eighty-five percent of the evaluation is based on what millennials say about their experiences of trust and reaching their full human potential as part of their organization. The remaining 15 percent of the rank is based on an assessment of millennials’ daily experiences of innovation, the company’s values, and the effectiveness of their leaders. Torch took the No. 72 spot on the Large Companies list.
“At Torch, more than a third of our employee-owners are millennials who will help carry the torch for our company’s future endeavors,” says Torch President and CEO John Watson. “It is an honor to work alongside bright employee-owners from every generation as we work together for the benefit of our customers and our company.”
The Best Workplaces for Millennials stand out for their unique, innovative cultures, which helps them attract and retain Millennial employees. Great Place to Work evaluated team members’ experience on the job, including employee pride in the organization’s community impact, belief that their work makes a difference, and feeling their work has special meaning. Torch has achieved this culture through programs including the Society of Torch Emerging Professionals (STEPs), a voluntary internal group that currently has more than 100 members and focuses on professional development, networking, and community outreach opportunities for early career professionals. Torch has also implemented mentorship programs, a Leadership Book Club, training opportunities, and more.
“For many years, organizations have put forth considerable effort towards attracting and retaining millennial talent” said Michael Bush, CEO of Great Place to Work. “The Best Workplaces on this list have created cultures where its youngest employees experience not only an environment where they can grow professionally and personally, but also find a deeper sense of purpose in their work. As we prepare for a large influx of young professionals from Generation Z to enter the work force for the first time, these organizations have distinguished themselves as the leaders in attracting and developing the leaders of tomorrow.”
The Best Workplaces for Millennials is one of a series of rankings by Great Place to Work and FORTUNE based on employee feedback from Great Place to Work-Certified™ organizations. Torch was also ranked a Best Workplace for Millennials in 2018 by Great Place to Work and FORTUNE, as well as a Best Workplace in Consulting & Professionals Services in 2016-2020, in addition to a Best Small and Medium Workplace by Great Place to Work and FORTUNE in 2016-2018.