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Recent Press Releases (U.S. and international) for magazine issues and staff changes may be found below. Please note that for many issues there exists only a highlights sheet, while for others there may also be a full press release. The cover of FSB's current issue is pictured at right. Please contact the appropriate communications staff member with any questions.
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FSB: FORTUNE SMALL BUSINESS ANNOUNCES 2005 LIST OF BEST BOSSES
Best bosses treat young staff more like consumers than employees New York, September 21, 2005—FSB: Fortune Small Business announced today its 2005 list of Best Bosses, 15 entrepreneurs in various industries—from homebuilders to junk removal and robot construction—who are particularly well-rounded, with the vision, creativity, focus, and great people skills to get the best out of their employees. To compile the list of Best Bosses, FSB collaborated with Winning Workplaces, a non-profit organization that helps small businesses create successful workplace practices. The list appears in the October issue of FSB, and at www.FSB.com. Managing the Gen Y workers flooding the job market is a key part of the success of this year's Best Bosses. "Young, fast-growing companies in quickly changing industries hire more young workers than the average firm and place a premium on grabbing the most creative ones," says writer Ellyn Spragins. And, managers who don't effectively address the needs of this generation will struggle, says one workplace consultant. The result? "The Best Bosses have crafted business practices to satisfy the demands of twenty-somethings, treating them more like consumers than employees," says Spragins. "In return, workers put in high-energy performances and rarely entertain other job offers—all of which translates into lower turnover and faster growth."../../p> The word "fun," often with an exclamation point, is featured in more than half of these businesses mission statements, mottos, or self-descriptions. Owners indulge their employees in scavenger hunts, dodgeball tournaments, free beer on Fridays, go-cart racing, pumpkin-carving contests, and trips. Their offices overflow with waterfalls, koi ponds, and climbing walls, as well as the standard day-care centers and gyms. But, Best Bosses go beyond simply dispensing a laundry list of benefits; rather, they make sure their entire workplace culture fits the needs of their employees. This year's Best Bosses had to sweat a little harder to prove themselves winners. FSB and its partner, Winning Workplaces raised the bar by expanding the judging criteria. To cull the finalists from a group of 100 nominees, FSB, Winning Workplaces and a panel of judges evaluated employee satisfaction, investment in workers, benefits such as medical insurance and retirement plans, as well as other measures. The business owners were subjected to a 360-degree performance review by talking with customers, financial and legal advisors, board members, investors, and randomly selected employees about the nominee's management style and philosophy. "What's most heartening is to see leaders from a wide range of industries and from across the country all find ways to create workplaces where employees are gratified and rewarded, and the businesses and the employees both benefit," says Kenneth Lehman, chairman of Winning Workplaces. This year's Best Bosses are:
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For further information please contact:
Richard Melcher About Winning Workplaces
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