11 October 2018 | News | By NFS correspondent
Hormel Foods Corporation announced it has been recognized by Forbes on its World's Best Employers 2018 list. This is the second year in a row the company has been named on the list.
"We are proud to be recognized, once again, as one of the best employers in the world," said Jim Snee, president and chief executive officer at Hormel Foods. "We know that our inspired people are our most valuable resource and recognition like this is the direct result of our team of 20,000 dedicated and passionate individuals working together."
The Forbes World's Best Employers list is based on Forbes' 2018 Global 2000 rankings, which included publicly traded companies from 60 countries that together accounted for $39.1 trillion in sales, $3.2 trillion in profit, $189 trillion in assets and $56.8 trillion in market value.
Forbes partnered with Statista to analyze more than 430,000 global recommendations to create the World's Best Employers list. Employees were asked to rate their own employer and the likelihood they would recommend the company to a friend or family member. They were also asked to recommend other employers they admired.