Hartford Business Journal Special Editions

HartfordBusiness.com | March 27, 2022 | Hartford Business Journal 3 Companies providing superior places to work for their employees are not only kind – they are also smart. Creating workplaces where team members feel valued, heard and bonded with their colleagues helps prevent turnover, which comes with tangible and intangible – or hidden – costs. According to Indeed.com, tangible costs when someone leaves a company vary, depending on industry and position, but include hiring expenses; onboarding and training; career development and lost productivity. Then there are the intangible costs: Morale of other employees if they are influenced to leave the company as well, or if extra work falls to them until replacements are hired, for example. It also can be tough to discern how client relations are impacted long term as new employees ramp up their knowledge base. This year's Hartford Business Journal Best Places to Work honorees have gone above and beyond to find creative, strategic, and safe ways to make work fun, inclusive and forward-thinking places for employees to thrive. Whether it's a broad array of medical benefit plans from which to choose, happy hours, healthy cooking webinars or employee-recognition awards, these organizations let their people know they are valued in myriad ways. Many of these efforts have had to pivot in light of the pandemic – with company social events held virtually, for example – but were prioritized, planned and executed. Employee retention, ultimately, provides stable workplaces. The determined efforts of these award winners in creating the Best Places to Work in Connecticut make stable workplaces for all employees – not to mention happier, healthier company cultures overall. Susan Shalhoub | Special Projects Editor Here are the Best Places to Work in CT The Best Places to Work in Connecticut program was created by the Hartford Business Journal and Best Companies Group to identify and recognize best places to work in the state of Connecticut. The program is managed by Best Companies Group, a third-party research firm that manages similar programs all over the United States, United Kingdom and in Canada. The Best Places to Work in Connecticut program was open to all public or privately-held organizations, either for-profit or not-for-profit. To be eligible for consideration, companies must have had a total of 15 or more employees working in the state of Connecticut. Companies with headquarters in another state, but a physician location in Connecticut with 15 or more employees, were also eligible. Participation in this program required organizations to go through a workplace assessment process, which included surveying their employees, as well as taking an inventory of the company benefits, policies and offerings. The information was processed and analyzed by Best Companies Group and then used to determine the Best Places to Work in Connecticut. All participating companies went through a two-part workplace assessment process. Part one of the assessment (worth 25% of the evaluation) consisted of an employer questionnaire about benefits, policies, practices and other general information. Part two of the assessment (75% of the evaluation) consisted of a 72-question, confidential employee engagement and satisfaction survey. This comprehensive, two-part assessment allowed the workplace experts at Best Companies Group to perform an in-depth analysis of each company's strengths and weaknesses and ultimately determine which companies deserved to make the list. Companies received the in-depth employee feedback report, which showed the percent of positive responses for each of the 72 questions, along with the percent of positive responses within seven demographic categories (gender, age, ethnicity, duration of employment, full- or part-time status, job role, and department). Companies received state benchmarking reports in which they could compare themselves against list-making companies and all participating companies. More information about Best Companies Group is available at www.BestCompaniesGroup.com. Information on the Best Places to Work in Connecticut program can be found at www. bestplacestoworkinct.com. How the ranking process works: S p e c i a l S e c t i o n Contents 4 Winner: CT Wealth Management 6 Small/medium companies: runner up 23 Small/medium companies: finalists list 16 Winner: Consigli Construction 17 Large companies: runner up 23 Large companies: finalists list Small/Medium Companies Large Companies PRESENTED BY: EVENT SPONSOR: BEST PLACES TO WORK IN CONNECTICUT BEST PLACES TO WORK IN CONNECTICUT

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