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East Penn Mfg., producer of Deka brand batteries, was named to Fortune magazine’s ninth annual “100 Best Companies to Work For” list. The Lyon Station, Pa.-based battery manufacturer was listed No. 79 in the overall ranking consisting of hundreds of companies throughout the United States. The list and related stories appears in the Jan. 23 issue of Fortune and on their Web site at www.fortune.com.
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"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. The list is based on two criteria: an evaluation of the policies and culture of each company, and the opinions of the companies’ 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 400 randomly selected employees from each company. More than 100,000 employees from 466 companies participated in the survey this year, up from 356 candidate companies last year. The survey asks about things such as attitudes towards management, job satisfaction, and camaraderie within the organization. The remaining 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, including credibility (communication to employees), respect (opportunities and benefits), fairness (compensation, diversity), and pride/camaraderie (philanthropy, celebrations). Companies that are at least seven years old and have 1,000 or more employees are eligible for the list.
East Penn was recognized as being a company with long-term employees. The company’s top 10 senior employees have 419 years of combined service. In addition, East Penn’s annual voluntary turnover is very low at a rate of only 6 percent.
East Penn is a leading manufacturer of high quality lead-acid batteries and accessories for the automotive, industrial, marine, telecommunications, commercial, and stationary markets. For more information, visit the www.dekabatteries.com.