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Pinnacle Financial Partners Ranks No. 11 Among 100 Best Companies to Work For by Great Place to Work and FORTUNE Magazine

Business Wire 4-Apr-2024 11:00 AM

Pinnacle Financial Partners (Nasdaq/NGS: PNFP) is ranked as the No. 11 Best Company to Work For in the nation, according to the latest list published by Great Place to Work® and FORTUNE magazine. Pinnacle has been on the list every year since it was first eligible in 2017, and this is its highest ranking yet. In 2023, the firm came in at No. 24. Earning this spot means that Pinnacle has surpassed rigorous benchmarks, confirming its status as one of the best workplaces in America.

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Pinnacle Financial Partners is proud to be named 2024's No. 11 Best Company to Work For in the Nation by Great Place to Work® (Graphic: Business Wire)

Pinnacle Financial Partners is proud to be named 2024's No. 11 Best Company to Work For in the Nation by Great Place to Work® (Graphic: Business Wire)

"At our founding, we set out to be the best place to work because we believed the key to a successful business is a happy and excited workforce," said Terry Turner, Pinnacle's president and CEO. "Our associates have carried that spirit forward for more than 23 years, making Pinnacle a magnet for the best financial professionals in the Southeast. When people feel like an expendable commodity at big bureaucratic institutions, they'll gladly leave that atmosphere to embrace our culture of belonging and togetherness so they can spread that joy to their clients. That's been the cornerstone of our growth across the region and the reason we can deliver an unmatched associate and client experience."

Great Place to Work selects winners based, in part, on how fairly employees are treated. Companies are assessed on how well they create a great employee experience that cuts across race, gender, sexual orientation, work status or any aspect of who employees are or what their role is. In the last year, the organization surveyed companies employing more than 8.2 million people in the U.S. and received more than 1.3 million responses. It found that 98 percent of Pinnacle's associates said the firm is a great place to work and the same percentage said they are proud to work here. Many more such stats, including survey data on fairness and inclusivity, are available in Pinnacle's 2023 Corporate Social Responsibility Report.

"Treating people well is the right thing to do because everyone deserves a great place to work," Turner said. "We don't chase these awards for the glory. We do it to help show people a better way to build a successful business from the inside out."

Comments from the firm's own anonymous work environment survey included:

  • "I came here through three mergers, and I am so grateful that Pinnacle is where I landed. I have never in my 39 years of banking worked for a place that truly cares so much about their employees. My team is my family!"
  • "Pinnacle is the best place I have ever worked. I feel like the firm truly cares about its employees and strives to include all of us in the success of the firm. Our team truly cares about each other. We gather around each other in hard times and good times. We are family."
  • "Pinnacle is a very inclusive organization. Leadership is transparent with associates, and everyone is a shareholder from the date of hiring. This creates an environment where everyone is working together for a common goal."
  • "Never has been and never will be a better company to work for."

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 and fastest growing bank in the Nashville-Murfreesboro-Franklin MSA, according to 2023 deposit data from the FDIC, and is listed by Forbes as No. 27 among America's Best Banks, higher than any other bank headquartered in Tennessee, North Carolina, South Carolina or Georgia. Pinnacle also earned a spot on the 2023 list of 100 Best Companies to Work For® in the U.S., its seventh consecutive appearance and was recognized by American Banker as one of America's Best Banks to Work For 11 years in a row and No. 1 among banks with more than $10 billion in assets in 2023.

Pinnacle owns a 49 percent interest in BHG Financial, which provides innovative, hassle-free financial solutions to healthcare practitioners and other professionals. Great Place to Work and FORTUNE have listed BHG as a best workplace in multiple categories since 2016.

The firm began operations in a single location in downtown Nashville, TN, in October 2000 and has since grown to approximately $48.0 billion in assets as of Dec. 31, 2023. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in 17 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 Fortune 100 Best Companies to Work For

Great Place To Work selected the 100 Best list by gathering and analyzing more than 1.3 million confidential survey responses representing the experiences of 8.2 million U.S. employees. Organizations are assessed on their efforts to create generous, supportive, high-performance work experiences for every employee in the organization. Companies must be Great Place To Work Certified™ with 1,000 or more employees in the U.S. and cannot be a government agency. Read the full methodology. To be considered, all companies use the Great Place To Work Trust Index™ survey.

About Great Place To Work®

As the global authority on workplace culture, Great Place To Work brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Its proprietary platform and For All™ Model help companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified or receiving recognition on a coveted Best Workplaces™ List. Follow Great Place To Work on LinkedIn, Twitter, and Instagram or visit greatplacetowork.com and sign up for the newsletter to learn more.

About Fortune

The Fortune mission is to change the world by making business better. We achieve that by providing trusted information, telling great stories, and building world-class communities. We measure performance by rigorous benchmarks. And we hold companies accountable. Our goal is to make Fortune a force for good through its second century and beyond.

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