For the third year in a row, Ultimate Software, based in Weston, Florida, tops Fortune's “best workplace for millennials” list.
“According to our surveys, 98% of Ultimate's millennial employees say they are experiencing a great place to work,” said Michael Bush, CEO of Great Place to Work, a research group that compiles the annual list with Fortune magazine.
The rankings are determined by anonymous employee survey feedback on how much workers trust company leaders, whether people are treated with respect, fairness of workplace decisions, and camaraderie in the workplace.
The software development company attributes the ranking to its “people first” culture, which includes a wide range of employee benefits including 100% paid health insurance premiums. Unusual benefits include coverage of in vitro fertilization treatments for women wanting to become pregnant, gender reassignment coverage, and $10,000 in financial assistance to adopt a child.
Fortune's top 10 on the “best workplace for millennials” list included, in ranking order: Salesforce, Edward Jones brokerage, Workday, Kimley-Horn, Power Home Remodeling, Veterans United Home Loans, Hyatt Hotels Corp., Kimpton Hotels & Restaurants and Progressive Insurance.
Facebook executive to join Target
Target Corp. has hired Facebook executive Hari Govind as senior vice president of infrastructure and operations, landing a high-profile tech veteran at a time when technology is becoming increasingly vital to the retailer's operations.
Govind has more than 20 years of experience leading engineering and product management teams, and has expertise in social media, e-commerce, digital advertising, search and cloud infrastructure, the company said in announcing Govind's hire.
Govind will have broad IT responsibility for the retailer's 1,800 Target stores, distribution centers and offices as well as its website and mobile shopping applications.
Fewer inspections for nuclear plants
The Nuclear Regulatory Commission will look at cutting back on inspections of the country's nuclear reactors.
Staff recommendations made public Tuesday would reduce the time and scope of annual inspections at the nation's 90-plus nuclear power plants. Some other inspections would be cut from every two years to every three years.
The nuclear power industry has pushed regulators to cut inspections, saying the nuclear facilities are operating well and the inspections are a financial burden for power providers.