Great Place to Work® and FORTUNE Name Pinnacle One of the Best Workplaces in Financial Services and Insurance
11 Septiembre 2023 - 1:00PM
Business Wire
Pinnacle Financial Partners has been named the No. 7 best
financial services firm to work for in the country, by FORTUNE and
Great Place to Work®. This is the seventh consecutive year the firm
made the list, moving up two spots from No. 9 in 2022. Earlier this
year, the firm was ranked No. 24 on FORTUNE’S list of the 100 Best
Companies to Work For.
“Our company is built on a philosophy of treating people well,
and that starts with our associates,” said Terry Turner, Pinnacle’s
president and CEO. “We follow a simple but powerful formula: We
hire the best, give them the freedom to do their jobs, give them
ownership of the company and their work and give them shared goals
with shared rewards. We put associates first because we know that
when they’re happy, they’ll make our clients even happier.”
This ranking is based on anonymous survey feedback from among
191,000 people working in the industry. Surveys examined more than
75 employee experience questions, including the extent to which
they trust their leaders, the respect with which people are
treated, fairness in workplace decisions and camaraderie amongst
the team.
Pinnacle’s status as a great workplace is built on its internal
culture, where associates, in Turner’s words, “look after each
other” and offer that same treatment to clients. They are happy to
go above and beyond, giving discretionary effort to clients and
each other because every associate is literally an owner in the
firm through restricted stock grants given to 100 percent of
associates. Non-commissioned associates also receive annual cash
incentives awarded for hitting firm-wide goals, not individual
quotas.
As a result, Pinnacle associates give their firm high marks on
the Great Place to Work survey. Results from 2022 show near
unanimous support for key indicators of a company that can
successfully attract and retain top talent.
- 97 percent agree that “people are encouraged to balance their
work life and their personal life.”
- 95 percent agree that “people here are given a lot of
responsibility.”
- 95 percent agree that “I receive a fair share of the
profits.”
In addition to its own big win, a company partially owned by
Pinnacle also earned accolades. BHG Financial ranked No. 28 on the
list of large companies. BHG is a top source for seamlessly fast
financial solutions, funding more than $16 billion in loans since
2001, and the creator of the largest community bank network in the
country. BHG has more than 1,500 employees and is headquartered in
Florida.
Pinnacle Financial Partners provides a full range of banking,
investment, trust, mortgage and insurance products and services
designed for businesses and their owners and individuals interested
in a comprehensive relationship with their financial institution.
The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin
MSA, according to 2022 deposit data from the FDIC, is listed by
Forbes as No. 27 among America’s Best Banks, higher than any other
bank headquartered in Tennessee, North Carolina, South Carolina or
Georgia. Pinnacle also earned a spot on the 2023 list of 100 Best
Companies to Work For® in the U.S., its seventh consecutive
appearance and was recognized by American Banker as one of
America’s Best Banks to Work For 10 years in a row and No. 1 among
banks with more than $11 billion in assets in 2022.
Pinnacle owns a 49 percent interest in BHG Financial, which
provides innovative, hassle-free financial solutions to healthcare
practitioners and other professionals. Great Place to Work and
FORTUNE have listed BHG as a best workplace in multiple categories
since 2016.
The firm began operations in a single location in downtown
Nashville, TN, in October 2000 and has since grown to approximately
$46.9 billion in assets as of June 30, 2023. As the second-largest
bank holding company headquartered in Tennessee, Pinnacle operates
in 17 primarily urban markets across the Southeast.
Additional information concerning Pinnacle, which is included in
the Nasdaq Financial-100 Index, can be accessed at
www.pnfp.com.
About The Fortune Best Workplaces in Financial Services &
Insurance
Great Place To Work selected the 2023 Fortune Best Workplaces
for Financial Services & Insurance by gathering and analyzing
confidential survey responses from more than 191,000 employees from
Great Place To Work Certified companies in the financial services
and insurance industry. Company rankings are derived from 60
employee experience questions within the Great Place To Work Trust
Index™ Survey. Great Place To Work determines its lists using its
proprietary For All Methodology to evaluate and certify thousands
of organizations in America’s largest ongoing annual workforce
study. In the last year, 1.3 million survey responses were
received, representing the work experiences of more than 7.5
million employees.
About Great Place to Work®
As the global authority on workplace culture, Great Place To
Work brings 30 years of groundbreaking research and data to help
every place become a great place to work for all. Its proprietary
platform and For All™ Model helps companies evaluate the experience
of every employee, with exemplary workplaces becoming Great Place
To Work Certified or receiving recognition on a coveted Best
Workplaces™ List.
Follow Great Place To Work on LinkedIn, Twitter, and Instagram
or visit greatplacetowork.com and sign up for the newsletter to
learn more.
About FORTUNE
The FORTUNE mission is to change the world by making business
better. We achieve that by providing trusted information, telling
great stories, and building world-class communities. We measure
performance by rigorous benchmarks. And we hold companies
accountable. Our goal is to make Fortune a force for good through
its second century and beyond. For more information, visit
www.fortune.com.
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Joe Bass (615) 743-8219 joe.bass@pnfp.com
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