The recognition honors EPAM’s commitment to fostering an inclusive and supportive culture where employees have the digital tools and resources needed to succeed
EPAM Systems, Inc, a leading digital transformation services and product engineering company, announced it has earned recognition among Newsweek’s list of Top 100 Most Loved Workplaces for the second consecutive year — climbing from #49 in 2021 to #34 in 2022. The list acknowledges EPAM’s commitment to the well-being and growth of its employees and the mutual respect and loyalty expressed by employees.
“It’s an honor to be recognized once again for nurturing an employee experience where team members are empowered to share their ideas and career development goals, while delivering excellent business solutions and results for our clients,” said Larry Solomon, Chief People Officer, SVP at EPAM. “When our people succeed, we succeed. As a rapidly growing global company, we’re committed to fueling our entrepreneurial culture and making the future real for clients by ensuring EPAMers are given the resources needed to thrive—from professional upskilling learning and development opportunities to volunteer and mentorship programs.”
With teams in more than 50 countries, EPAM offers a flexible work environment with many resources to help team members learn new skills, find mentors and connect with colleagues worldwide. From unlimited learning opportunities to community involvement and exercise programs, employees are empowered to succeed both professionally and personally. In 2022, for example, EPAM made a $100 million commitment to support employees and their families in Ukraine with critical resources, including transportation to safe areas, shelter and other humanitarian assistance. The EPAM Ukraine Assistance Fund was also established to support charitable aid organizations that provide direct relief to those in vulnerable situations across Ukraine.
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“The companies on this list represent the best at placing love at the center of their employees’ experience,” said Louis Carter, CEO, Best Practice Institute. “The number of applications this year and analysis of survey data reinforces our original findings that love is the strongest predictor of the strength of a company’s culture, employee engagement, and satisfaction.”
Produced in collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company, the Newsweek list results were determined after surveying more than 1.4 million employees from businesses with workforces varying in size from 50 to more than 10,000. To identify the top 100 companies for the Newsweek ranking, companies were evaluated and scored as follows: 35 percent of the initial score was based on employee survey responses; 25 percent was derived from analysis of external public ratings from sites such as Comparably, Careerbliss, Glassdoor, Indeed and Google; and 40 percent came from direct interviews with and written responses from company officials. Newsweek then conducted additional research into every company on the list, as well as the top runners up, to determine the final list of 100 companies and their ranking.
“As a result of ‘The Great Resignation,’ more companies recognize the importance of focusing on employee satisfaction to not only attract but retain top talent,” said Nancy Cooper, Global Editor in Chief, Newsweek. “The businesses on this year’s list clearly demonstrated that commitment.”
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