TriNet first among 1000 US companies
recognized for exceeding best practices in financial
responsibility, stakeholder ratings, and social responsibility
ratings.
DUBLIN,
Calif., Feb. 20, 2024 /PRNewswire/ --
TriNet (NYSE: TNET), a leading provider of comprehensive
human resources solutions for small and medium-size
businesses (SMBs), has earned the top spot among the 1,000
companies rated in the Newsweek Excellence 1000 Index 2024. The
inaugural ranking recognizes businesses across 25 industries that
have demonstrated best practices in financial responsibility,
stakeholder ratings, and social responsibility ratings.
"Achieving the highest ranking is an incredible honor and
reflects TriNet's dedication to making a positive impact for small
and medium-size businesses, the backbone of the U.S. economy," said
TriNet President and CEO, Mike
Simonds. "I want to acknowledge and thank our
incredible TriNet colleagues for their unwavering commitment
to our valued customers and each other. Receiving this recognition
from Newsweek underscores our relentless focus on social
responsibility, ethical standards, and corporate excellence to
empower the success of our valued SMB customers."
"Doing good business means more than just turning a profit. In
our fast-paced economy, it can be easy to lose sight of the value
of companies that strive to be good for customers, employees, and
society at large," said Nancy
Cooper, Global Editor in Chief at Newsweek. "The
Newsweek 1000 Excellence Index takes a 360-degree look at
companies, assessing what their employees say about the company,
how customers view their products, and how well the business is run
in terms of safety, sustainability, diversity, and innovation. Our
goal: to provide our readers with an informed view of the firms
that are living up to the highest standards."
Newsweek partnered with Best Practice Institute (BPI), a
leadership development and benchmark research company, to analyze
over half a million data points and develop a proprietary scoring
system to measure financial performance, customer and employee
satisfaction, environmental commitments, and social responsibility
to build the first Excellence 1000 Index. Companies were evaluated
based on several criteria including:
- Employee Rating: How employees perceive their
employer.
- Customer Rating: How customers view its products,
services, and ethics.
- ESG Risk Rating & Ethical Impact: An analysis of the
company's environmental, social, and governance risks, combined
with its ethical footprint.
- ISO Standards Adherence: Compliance with international
quality and safety standards.
- R&D Spending: Investment in innovation and the
future.
- Global Compact Status: Alignment with the UN's
principles on human rights, labor, environment, and
anti-corruption.
- BBB Rating & Accreditation (for small companies):
Recognizing smaller entities that meet the Better Business Bureau's
standards.
- Number of Customer Complaints: A transparent look at
customer grievances, shedding light on a corporation's commitment
to rectification and improvement.
TriNet received an overall rating of 4.8 out of 5 in Newsweek's
Excellence 1000 Index. This recognition comes as TriNet was also
recently named one of America's Greatest Workplaces for
Diversity by Newsweek.
To learn more about TriNet's environmental, social and
governance (ESG) efforts, visit www.trinet.com/about-us/esg.
About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses
(SMBs) with full-service industry-specific HR solutions, providing
both professional employer organization (PEO) and human resources
information system (HRIS) services. TriNet offers access to human
capital expertise, benefits, risk mitigation, compliance, payroll,
and R&D tax credit services, all enabled by industry-leading
technology. TriNet's suite of products also includes services
and software-based solutions to help streamline workflows by
connecting HR, benefits, employee engagement, payroll and time
& attendance. Rooted in more than 30 years of supporting
entrepreneurs and adapting to the ever-changing modern workplace,
TriNet empowers SMBs to focus on what matters most—growing
their business and enabling their people. For more information,
visit TriNet.com or follow us
on Facebook, LinkedIn and Instagram.
About Newsweek
Newsweek is the modern global digital
news organization built around the iconic, over 85-year-old
American magazine. Newsweek reaches 100 million people each month
with its thought-provoking news, opinion, images, graphics, and
video delivered across a dozen print and digital platforms.
Headquartered in New York City,
Newsweek also publishes international editions in EMEA and
Asia.
About Best Practice Institute
Best Practice Institute
is an award-winning leadership and organization development center,
benchmark research company, think tank, and solutions provider, and
the research team behind the Excellence 1000 Index.
TriNet and the TriNet logo are registered trademarks of TriNet.
All other trademarks, service marks, registered trademarks, or
registered service marks are the property of their respective
owners.
Investors:
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Media:
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Alex Bauer
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Renee Brotherton/Josh
Gross
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TriNet
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TriNet
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Alex.Bauer@TriNet.com
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Renee.Brotherton@TriNet.com
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Josh.Gross@TriNet.com
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SOURCE TriNet Group, Inc.