Cornerstone OnDemand Named One of Fortune Magazine's 2016 Best Workplaces in Technology
February 1, 2016
Cornerstone OnDemand Named
One of Fortune Magazine's 2016
Best Workplaces in Technology
SANTA MONICA, Calif. — Feb. 1, 2016 — Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent management software solutions, today announced that it has been named one of the 2016 10 Best Large Workplaces in Technology, according to Fortune Magazine. Cornerstone ranked No. 6 on the list, a rating based on assessments of workplace camaraderie, career development, financial and non-financial rewards, and the strength of Cornerstone’s leadership team.
Cornerstone was selected out of 155 other participating companies in the technology sector and is the only Los Angeles-based company featured on Fortune’s 30 Best Workplaces in Technology list of small, medium and large organizations.
Fortune Magazine partnered with global research and consulting firm Great Place to Work and performed evaluations of over 48,000 randomly selected employees who anonymously answered 58 questions about how frequently they experience the behaviors that create a great workplace. Companies achieving the highest overall results in their size categories were ranked based on this data.
Cornerstone was founded in 1999 with the belief that a lifetime of learning and development is fundamental to growth – both for the employee and the organization. The company’s mission is to help organizations realize the potential of their people, and for Cornerstone, this mission starts at home – ensuring that each of the company’s “Cornerstars” has the opportunity and the means to achieve their best possible performance and career goals while having fun with the team
With this ranking, Cornerstone becomes the first technology company with headquarters in Los Angeles to break into the Best Workplaces in Technology list. Cornerstone has received other notable awards for its outstanding culture and collaborative workplace environment in the past 12 months. The Los Angeles Business Journal named Cornerstone a 2015 "Best Places to Work in Los Angeles," and Outside Magazine ranked Cornerstone on the publication’s list of “The 100 Best Places to Work in 2015.”
Comments on the News
"We're extremely proud to be recognized by our Cornerstone team and Fortune Magazine as one of Fortune's Best Workplaces in Technology, as well as the first Los Angeles-based company to make the list. Our unique culture has played an essential role in the company’s success, and this is due in large part to the continued engagement, collaboration and contributions of our amazing employees,” said Adam Miller, founder and CEO of Cornerstone OnDemand.
"The perks and benefits the best tech companies are known for are just what outsiders looking in get dazzled by,” said Chinwe Onyeagoro, a business strategy expert and EVP of U.S. Consulting at Great Place to Work. “This can be a false positive of sorts. These companies are great, because they invest in trust. They stand on trust. They use trust as a competitive differentiator. They know that to be great you have to invest in better relationships -- not in more things. Simply investing in this will not create a Great Place to Work."
- To read the Great Place to Work review of Cornerstone, visit http://reviews.greatplacetowork.com/cornerstone-ondemand