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MITRE Named One of FORTUNE's "100 Best Companies to Work For" Nine Years in a Row FOR IMMEDIATE RELEASE: MITRE Contacts: Karina H. Wright Eryn L. Gallagher BEDFORD, Mass., and MCLEAN, Va., February 3, 2010 — FORTUNE has ranked The MITRE Corporation #69 on its 2010 list of "100 Best Companies to Work For." This is the company's ninth straight year on the magazine's highly selective list. MITRE was specifically cited for work-life balance (ranked seventh overall) and for providing exceptional educational assistance benefits and reimbursement. The not-for-profit organization was also rated 17 out of 30 in the category of midsize companies. "It's thanks to our dedicated, talented employees that MITRE made FORTUNE's list again this year," said Alfred Grasso, MITRE president and CEO. "Their professionalism and commitment creates a positive work environment, which makes it possible to help our sponsors solve complex national challenges. The two go hand-in-hand." To pick the 100 Best Companies, FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. Two-thirds of a company's score is based on the results of the Institute's Trust Index survey, which is sent to a random sample of employees from each company. The 57-question survey (sent to 539 MITRE employees) assesses attitudes about job satisfaction, camaraderie, and management's credibility. The other third of the scoring is based on the company's responses to the Institute's Culture Audit—detailed questions about pay and benefit programs and a series of open-ended questions about hiring, communication, and diversity. Any company that is at least seven years old with more than 1,000 U.S. employees is eligible to apply. Of the more than 1,000 companies initially considered for the 2010 list, only 343 were selected for in-depth evaluation. The full list and related stories appear in the February 8 issue of FORTUNE and at www.fortune.com/bestcompanies. About The MITRE Corporation The MITRE Corporation (www.mitre.org) is a not-for-profit organization that provides systems engineering, research and development, and information technology support to the government. It operates federally funded research and development centers for the Department of Defense, the Federal Aviation Administration, the Internal Revenue Service and Department of Veterans Affairs, and the Department of Homeland Security, with principal locations in Bedford, Mass., and McLean, Va. About FORTUNE FORTUNE magazine is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the FORTUNE 500 and the FORTUNE 100 Best Companies to Work For. FORTUNE Live Media extends the brand's mission into live events, hosting a wide range of annual conferences, including FORTUNE's Most Powerful Women and the FORTUNE Global Forum. FORTUNE publishes English-language editions in Europe and Asia, and local-language editions in China and South Korea. FORTUNE magazine's online home is CNNMoney.com, the most visited and utilized business destination website. Page last updated: February 3, 2010 | Top of page |
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