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St. Louis Business & Technology News
"When you think Saint Louis, think Saint Louis Front Page," a weekly publication covering the news and events in the greater St. Louis area. 
How To Reach Us:St. Louis Front Page P.O. Box 1354 St. Louis, MO 63188 Voice: 314-771-0200 Fax: 314-771-0300 To submit news, contact: editor@slfp.com To advertise, contact: advertising@slfp.com |
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Edward Jones Named to FORTUNE Magazine's Prestigious 100 ListST. LOUIS, MO (BUSINESS WIRE), January 27, 2008 - The financial-services firm Edward Jones was ranked No. 4 on FORTUNE magazine's "100 Best Companies to Work For" list. In its ninth appearance on the annual list, Edward Jones also ranked No. 2 for large-sized companies. Edward Jones' nine FORTUNE rankings include top 10 finishes for six years and consecutive No. 1 rankings in 2002 and 2003. The magazine also lists Edward Jones as having the best benefit options for work-life balance. "We are gratified that in focusing upon doing what's right for our clients, we have made Edward Jones a good place to work," said James D. Weddle, managing partner of Edward Jones. "As we work together in partnership, we value and respect individuals and their contributions to our firm." In naming Edward Jones to the prestigious list, FORTUNE editors say, many of the firm's associates in the St. Louis home office got a 6.5 percent raise last year as the brokerage firm opened 1,000 new offices in the U.S. "A driving factor for the list this year is that these companies excel in creating jobs," FORTUNE said. "The 100 companies on the 2008 list added 67,000 employees to their payrolls in the past year and employ a total of nearly 1.6 million employees; up 16 percent from the number employed by companies comprising last year's list." To pick the "100 Best Companies to Work for", FORTUNE works with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. The FORTUNE "100 Best Companies to Work For" ranking is employee-driven, with two-thirds of the scoring based upon how randomly selected employees respond to an anonymous survey designed to measure the quality of workplace culture. The remainder of the score is based on an in-depth analysis of the companies' benefits and practices. The FORTUNE ranking is one of several important honors based on associate input that Edward Jones has received in recent weeks. In early December, the firm was ranked No. 1 in Registered Rep. magazine's annual brokerage report card for the 15th consecutive year. Last month, Edward Jones ranked No. 5 among the "50 Best Employers in Canada" in the Globe and Mail's annual listing in Report on Business Magazine. Over the past year, Edward Jones also has received workplace recognitions from 24 state and provincial publications in the U.S. and Canada. The firm also was ranked first in J.D. Power and Associates' annual survey of customer satisfaction among full-service investors. 
Scottrade Named to FORTUNE's "100 Best Companies to Work For" List
for the First TimeST. LOUIS, MO (BUSINESS WIRE), January 27, 2008 - FORTUNE has announced that Scottrade, a leading online investment firm, has been ranked 58th on the 11th annual "100 Best Companies to Work For" list. This is the firm's first time on the list. "It is an honor to be recognized as one of the best companies to work for in America," said Scottrade Founder, President and CEO Rodger Riney. "We firmly believe that our wonderful associates and the outstanding customer service they deliver is the key to our success since we started 28 years ago." A driving factor for the list this year is that these companies excel in creating jobs. The 100 companies on the 2008 list added 67,000 employees to their payrolls in the past year and employ a total of nearly 1.6 million employees; up 16 percent from the number employed by companies comprising last year's list. Scottrade currently has more than 300 job openings due to the firm's tremendous growth and desire to promote from within whenever possible. In 2007, Scottrade hired more than 500 people, a 46 percent increase over 2006. Additionally, more than 500 associates were promoted in 2007, a 27 percent increase over the prior year. As a leading employer in St. Louis and through 336 branch offices across the country, Scottrade offers many unique benefits, including a Wellness Reimbursement Assistance Program that reimburses qualified associates up to $250 annually for "wellness expenses," such as a gym or health club membership, smoking cessation program, weight loss program, nutritionist fees and fitness courses. FORTUNE singled out Scottrade's internship program, which employs 200 college students each year, as a unique program offered by the firm. Scottrade recruits from more than 500 colleges and universities across the country, providing students with the opportunity to learn about the financial industry, and perhaps move into a full-time career. In fact, more than 20 percent of Scottrade's current branch managers began their careers at Scottrade as interns. "Scottrade has really given me a place to grow as a person," said Wende Rhodes, Assistant Director of Branch Administration at Scottrade's corporate headquarters in St. Louis. "It's really rare to find a business or company where you can imagine yourself being there for the rest of your career. That's the kind of atmosphere that I feel like it has. I can see myself staying here." "Scottrade is one of the best things that has ever happened to my family," said Tim Ball, a branch manager in Lubbock, Texas. "It has been a wonderful opportunity and I appreciate every day that Rodger had the foresight to take a chance by opening the Lubbock branch." "Scottrade firmly believes in promoting from within," said Jane Wulf, Scottrade's Chief Administrative Officer, who also oversees Human Resources. "Part of our mission statement says that we will promote a corporate culture that provides our associates with the opportunities, technology and training to achieve success in both their career and personal development. We have focused on that over the years and it has paid off." Scottrade has another year of tremendous growth planned in 2008, with the opening of 48 additional branch offices and plans to hire nearly 400 more associates. "I am so proud of everything Scottrade and our associates have accomplished," Riney said. "While this is the first year that Scottrade has been on the FORTUNE list, I don't believe it is the first year that Scottrade has been a great place to work. I want to thank our associates for working hard day after day to make Scottrade the company that it is today." Emerson CEO Named among the Best in America ST. LOUIS, MO (BUSINESS WIRE), January 27, 2008 - Institutional Investor magazine has named David N. Farr, chairman, CEO and president of Emerson, one of "The Best CEOs in America." Farr was named the top CEO in the electrical equipment and multi-industry category. "Tough times require strong leadership," the magazine said on its website in announcing its rankings. "With the U.S. economy facing serious headwinds and possibly headed for recession, outstanding CEOs will become more important than ever to the success of their companies." In the magazine's January issue, Institutional Investor credited Farr with "positioning his company to withstand more difficult times ahead," noting that while leading the company through difficult restructuring earlier in the decade, Farr maintained important investments in technology and innovation. He was also credited with helping position Emerson for strong global growth that, in fiscal year 2007, resulted in 52 percent of the company's sales occurring outside the U.S., compared with 40 percent when Farr took over in 2000. Farr has served as CEO of Emerson since October 2000 and was named chairman in September 2004. He is only the third chief executive of Emerson in the past 50-plus years. He assumed the title of company president in November 2005. Under Farr's leadership, Emerson has grown its position in global markets, increased its focus on customer-oriented services and solutions, and invested in industry-leading technologies to enhance its long-term growth and market position. With his management team, Farr has kept the company focused on creating long-term value and maintaining Emerson's solid financial performance relative to growth in sales, earnings, cash flow, and return on capital.  
The Saint Louis Front Page is owned and maintained by the Moore Design Group for the sole purpose of disseminating news and information about the Metropolitan Saint Louis area. Text or graphics may not be copied, rewritten or distributed in any manner whatsoever without written permission. For more information, contact editor@slfp.com All rights reserved world wide © 1996 - 2008 Moore Design Group. |
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