Pinnacle is One of the Country's Top 5 Workplaces for Millennials
Firm repeats in the No. 4 spot nationwide in FORTUNE magazine list
Pinnacle Financial Partners is among the top companies in the country for millennials to work, which includes associates from age 24 to 40. The firm earned the No. 4 spot on the list of Best Workplaces for Millennials from FORTUNE magazine and Great Place to Work®, just as it did in 2020. In April 2021, Pinnacle was named the overall No. 26 Best Company to Work For in the United States and No. 8 Best Workplace in Financial Services and Insurance.
“The pandemic changed people’s expectations of how work fits into their lives,” said Sarae Janes Lewis, Pinnacle’s director of associate and client experience. “Many of today’s millennials are parents of young children and even approaching middle age, and they expect a work-life dynamic that will let them be at their best in all roles. That’s always been Pinnacle’s value proposition for associates. They’re given the freedom to do what they love at work and the flexibility to take care of their family and personal needs so they never have to compromise. We were built for this moment.”
During the height of the pandemic, associates gave glowing reviews of Pinnacle’s response and business continuation plan, which gave them room to prioritize caring for themselves and their families.
- “From Day One, I felt like my health and my family’s health was important… I appreciate being a part of the Pinnacle family now more than ever.”
- “The constant support and requests for our input makes me feel valued as a person and a member of this Pinnacle family… We are all able to do what works best for our individual situations and offices.”
- “I feel that every decision took my family into consideration, as well as my ability to continue performing my daily duties with all the resources necessary to do so.”
- “The flexibility for us to take care of our family and kids really helped us. I don’t know what we would have done without that support.”
Even with a hiring philosophy that seeks out seasoned professionals with at least 10 years of experience for most roles, nearly a quarter of Pinnacle’s associates are 40 years old or under. With an average retention rate of 95 percent – unheard of in the financial services industry – they are more likely to stay and build their careers at Pinnacle.
Rankings for this list reflect feedback representing more than 5.3 million employees at Great Place to Work-Certified organizations. Great Place to Work, a global people analytics and consulting firm, evaluated more than 60 elements of team members’ experience on the job. Eighty-five percent of the evaluation is based on what millennials say about their experiences of trust and reaching their full human potential as part of their organization, no matter who they are or what they do. The remaining 15 percent of the rank is based on an assessment of millennials’ daily experiences of innovation, the company’s values and the effectiveness of their leaders, to ensure they’re consistently experienced.
Best Workplaces for Millennials is one of a series of rankings by Great Place to Work and FORTUNE based on employee feedback from Great Place to Work-Certified™ organizations. Pinnacle regularly ranks on several of them, including overall Best Company to Work For, Best Workplace in Financial Services and Insurance, Best Workplace for Parents and Best Workplace for Women.
Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2020 deposit data from the FDIC. Pinnacle earned a spot on the 2021 list of 100 Best Companies to Work For® in the U.S., its fifth consecutive appearance. American Banker recognized Pinnacle as one of America’s Best Banks to Work For eight years in a row and No. 1 among banks with more than $10 billion in assets in 2020.
Pinnacle owns a 49 percent interest in Bankers Healthcare Group (BHG), which provides innovative, hassle-free financial solutions to healthcare practitioners and other licensed professionals. Great Place to Work and FORTUNE ranked BHG No. 1 on its 2020 list of Best Workplaces in New York State in the small/medium business category.
The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $35.3 billion in assets as of March 31, 2021. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in 14 primarily urban markets across the Southeast.
Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.
About the Best Workplaces for Millennials
Great Place to Work based its ranking on a data-driven methodology applied to anonymous Trust Index™ survey responses representing over 5.3 million employees at Great Place to Work-Certified organizations. To learn more about Great Place to Work Certification and recognition on Best Workplaces lists published with FORTUNE, visit Greatplacetowork.com.
About Great Place to Work
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees around the world and used those deep insights to define what makes a great workplace: trust. Great Place to Work helps organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Emprising®, their culture management platform, empowers leaders with the surveys, real-time reporting, and insights they need to make data-driven people decisions. Their unparalleled benchmark data is used to recognize Great Place to Work-Certified™ companies and the Best Workplaces™ in the US and more than 60 countries, including the 100 Best Companies to Work For® and World’s Best list published annually in Fortune. Everything they do is driven by the mission to build a better world by helping every organization become a Great Place to Work For All™.
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