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DALLAS (January 10, 2005) – Texas Instruments (TI) today announced
its inclusion on FORTUNE’s 100 Best Companies To Work For list.
This is the sixth year TI has made the list, which is largely defined
by an employee survey.
“We
are proud that for the sixth year, TI employees have ranked Texas Instruments
as one of the best places to work,” said Tegwin Pulley, vice president,
Workforce Development, Diversity and Worklife Strategies. “A ranking
such as the FORTUNE “100 Best Companies to Work For,” as well
as other similar rankings at our non-U.S. sites, is an encouraging indicator
that we are earning the commitment of the people of TI in realizing both
their potential and TI’s potential.”
TI was also
mentioned in FORTUNE as one of nine companies that have a “Best
401(k) Match,” offering a 100 percent match up to four percent of
total compensation. In addition to excellent financial incentives, the
company offers employees ancillary benefits such as flexible work options,
an employee trip reduction program, an on-site concierge, a day-spa, elder
care, a summer camp for kids and even special interest clubs such as a
flying club.
TI is one
of three companies in the Dallas area to make the list, and one of ten
in Texas, ranking at 86, up from 91 in 2004.
“The
100 Best Companies to Work For” list is compiled for FORTUNE by
Robert Levering and Milton Moskowitz of the Great Place to Work Institute
in San Francisco, based on two criteria: an evaluation of the policies
and culture of each company, and the opinions of the company’s employees.
The latter is given more weight; two-thirds of the total score comes from
employee responses to a 57-question survey which goes to a minimum of
350 randomly selected employees from each company. It asks about things
such as attitudes towards management, job satisfaction, and camaraderie
within the organization. The remaining one-third of the score is based
on an evaluation of each company’s demographic makeup, pay and benefits
programs, and culture. Companies are scored in four areas: credibility
(communication to employees), respect (opportunities and benefits), fairness
(compensation, diversity), and pride/camaraderie (philanthropy, celebrations).
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Texas Instruments
Incorporated provides innovative DSP and analog technologies to meet our
customers' real world signal processing requirements. In addition to Semiconductor,
the company's businesses include Sensors & Controls, and Educational
& Productivity Solutions. TI is headquartered in Dallas, Texas, and
has manufacturing, design or sales operations in more than 25 countries.
Texas Instruments
is traded on the New York Stock Exchange under the symbol TXN. More information
is located on the World Wide Web at www.ti.com.
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