Recognized for Outstanding Employee Sentiment and Satisfaction for Third Consecutive Year
SANTA CLARA, Calif., Sept. 20, 2023 — Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, today announced it has once again been named a Newsweek Top 100 Most Loved Workplace® for 2023. The Top 100 Most Loved Workplaces list is the result of a collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.
The results were determined after surveying more than 2 million employees from businesses with workforces varying in size from 50 to more than 100,000. The list recognizes companies that have created a workplace where employees feel respected, inspired and appreciated and are at the center of the business model.
"We are thrilled to be named a Newsweek Most Loved Workplace for the third year in a row," said Nikesh Arora, chairman and CEO of Palo Alto Networks®. "This honor is a testament to the collaboration and execution of the entire Palo Alto Networks team that consistently contribute to our growth and success — and an employee centric culture where our people feel engaged, supported and connected.”
Palo Alto Networks is committed to creating a values-based culture that offers flexibility and choices that enable productivity, including benefits and learning opportunities. The company is bringing its employees together to build an inclusive and diverse workforce where everyone has a sense of belonging and feels inspired to do their best work.
The key areas included in the analysis are based on how well companies demonstrate the areas within the Spark Model as defined by BPI, including Systemic Collaboration, Positive Vision of the Future, Alignment of values, Respect and Killer Achievement. Employee sentiments and emotions indicating how engaged employees are, how positive they feel about their workplace and how committed they are to the organization’s success were analyzed to identify the Top 100 Most Loved Workplaces.
“With the rapidly changing workplace and competition for top talent, more companies are recognizing the importance of employee engagement and commitment,” said Nancy Cooper, Global Editor in Chief, Newsweek. “The workplaces that have demonstrated a commitment to their employees in 2023 are more likely to attract the best talent and deliver strong business outcomes.”
"Fully understanding and acting upon employee sentiment, emotion, and recommendations continues to be a challenge and top priority of executive leadership,” said Louis Carter, CEO of Best Practice Institute. “The companies on this list have committed to listening carefully to their employees to create a workplace employees love.”
Palo Alto Networks was also recognized as one of the UK’s Top 100 Most Loved Workplaces®. For the full Newsweek list of 2023’s Most Loved Workplaces, please visit https://www.newsweek.com/rankings/most-loved-workplaces-america-2023.
Methodology
To identify the top 100 companies for the Newsweek ranking, companies were evaluated and scored as follows: 35 percent of the initial score was based on employee survey responses; 25 percent was derived from analysis of external public ratings from sites, such as Comparably, CareerBliss, Glassdoor, Indeed and Google; and 40 percent came from direct interviews with and written responses from company officials. Newsweek then conducted additional research into every company on the list, as well as the top runners-up, to determine the final list of 100 companies and their ranking. (The list includes both U.S. firms and companies with a strong U.S. presence that are based overseas.)
About Palo Alto Networks
Palo Alto Networks is the world's cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. We provide next-gen cybersecurity to thousands of customers globally, across all sectors. Our best-in-class cybersecurity platforms and services are backed by industry-leading threat intelligence and strengthened by state-of-the-art automation. Whether deploying our products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, we're committed to helping ensure each day is safer than the one before. It's what makes us the cybersecurity partner of choice.
At Palo Alto Networks, we're committed to bringing together the very best people in service of our mission, so we're also proud to be the cybersecurity workplace of choice, recognized among Newsweek's Most Loved Workplaces (2023, 2022, 2021), with a score of 100 on the Disability Equality Index (2023, 2022), and HRC Best Places for LGBTQ Equality (2022). For more information, visit www.paloaltonetworks.com.
Palo Alto Networks and the Palo Alto Networks logo are registered trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.
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. BPI is the certifying body for Most Loved Workplace® and conducted the original research to create the model and criteria for becoming a Most Loved Workplace®. BPI’s research proves that Most Loved Workplaces® produce 3-4 times better customer service, employee performance, and retention than companies not loved by their employees.
For more information on how to apply to become a certified Most Loved Workplace in 2024, go to: http://www.mostlovedworkplace.com.
