Lincoln Tech Cited by Newsweek as a Top Employer for Second Consecutive Year

Rhea-AI Summary

Lincoln Educational Services (NASDAQ: LINC) has been named to Newsweek's America's Greatest Workplaces list for the second consecutive year. The recognition encompasses both the Parsippany, NJ headquarters and nationwide campuses, highlighting the company's excellence in employee satisfaction, company culture, and growth opportunities.

The achievement is particularly noteworthy amid national worker engagement reaching an 11-year low of 30% according to Gallup. The ranking was based on comprehensive employee surveys covering compensation, benefits, career progression, diversity, work-life balance, and company culture. The evaluation also considered the organization's online reputation and management reviews.

Company culture, growth opportunity, employee satisfaction all rank among nation’s best.

Parsippany, NJ, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has been recognized by Newsweek for its annual list of America’s Greatest Workplaces. This marks the second consecutive year Lincoln has received the award, based on a review of both the corporate headquarters in Parsippany, NJ and its campuses across the country.

“At Lincoln Educational Services, we know the value of developing and retaining the strongest possible workforce,” says Scott Shaw, Lincoln’s President and CEO. “We are always seeking feedback from our teams across the country about where we can improve, and what we’re already delivering well for our employees. To be recognized by Newsweek two years in a row as one of the nation’s top employers speaks to our commitment to employee satisfaction, and we’re honored to receive this award.”

At a time when recent polling showed worker engagement nationwide reached only 30% - an 11-year-low according to Gallup* - it has become more critical than ever to ensure an organization can not only hire but also retain top talent. Placement on the Newsweek list demonstrates, according to the publication’s website, “even in the face of waning enthusiasm among much of the workforce, it is still possible to create a great environment that facilitates engagement.”

The rankings were based on employee surveys including questions related to compensation and benefits, training and career progression, diversity and inclusion ratings, work-life balance and company culture. An organization’s online reputation was also assessed, including online mentions and reviews of senior management.

* https://www.gallup.com/workplace/643286/engagement-hits-11-year-low.aspx

###

About Lincoln Educational Services Corporation

Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in five principal areas of study: automotive technology, health sciences, skilled trades, information technology, and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946. 

Lincoln currently operates 22 campuses in 13 states under four brands: Lincoln Technical Institute, Lincoln College of Technology and Euphoria Institute of Beauty Arts and Sciences.  Lincoln also operates Lincoln Culinary Institutes in both Maryland and Connecticut.

For more information, go to lincolntech.edu.

FAQ

What recognition did Lincoln Tech (LINC) receive from Newsweek in 2024?

Lincoln Tech was named to Newsweek's America's Greatest Workplaces list in 2024, marking their second consecutive year receiving this recognition.

What factors were evaluated for Lincoln Tech's Newsweek workplace ranking?

The ranking evaluated compensation, benefits, training, career progression, diversity and inclusion, work-life balance, company culture, and online reputation including management reviews.

How many campuses does Lincoln Tech (LINC) currently operate?

Lincoln Tech currently operates 22 campuses across 13 states under four brands: Lincoln Technical Institute, Lincoln College of Technology, Euphoria Institute of Beauty Arts and Sciences, and Lincoln Culinary Institutes.

What is the current worker engagement rate according to the Lincoln Tech press release?

According to Gallup data cited in the press release, worker engagement nationwide has reached an 11-year low of 30%.