STOCK TITAN

Rackspace Technology Certified as a Most Loved Workplace

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags

Most Loved Workplaces employees are happiest and most satisfied at work

SAN ANTONIO, June 14, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, today announced has become certified as a Most Loved Workplace®, backed by Best Practice Institute (BPI) research and analysis. Most Loved Workplace® validation provides the most comprehensive look at workplace sentiment for organizations today.

Rackspace Technology has been certified as a certified Most Loved Workplace® because of its commitment to fostering a workplace where employees develop and sharpen their skills, grow in their careers, and feel valued for their expertise, innovative ideas, and a shared approach to solving customer problems.

Most Loved Workplaces® certify companies where employees are the happiest and most satisfied at work. Rackspace Technology became certified as a Most Loved Workplace based on its scores on the Love of Workplace Index™, which surveyed employees on various elements around employee satisfaction and sentiment, including the level of respect, collaboration, support, and sense of belonging they feel inside the Company. 

"I started Most Loved Workplaces out of inspiration from my community of people who consciously place love for their employees at the center of their business model," said Louis Carter, the founder, and CEO of BPI and a social/organizational psychologist, thought leader, entrepreneur, and author. Carter's book, "In Great Company: How to Spark Peak Performance by Creating an Emotionally Connected Workplace," identifies the specific areas needed to become a highly respected, reputable organization where people love to work with each other – a Most Loved Workplace.

In its original research that created MLW criteria, Backed by BPI, Most Loved Workplaces surveyed more than 175 companies and more than 3,000 executives across the United States, the Middle East/Northern Africa, and Southeast Asia. They found that productivity rises as employee sentiment increases, with 94 percent of responders saying they did three to four times more work for a company they loved and 95 percent saying they stayed at companies they loved three to four times longer. Most Loved Workplaces certification is the most valid method to determine employee experience and recognize a great workplace.

To apply for and get certified as a Most Loved Workplace and be considered for next year's list in Newsweek, visit mostlovedworkplace.com.

To learn more about the Best Practice Institute, visit bestpracticeinstitute.org.

To view America's Top 100 Most Loved Workplaces in Newsweek, visit
https://www.newsweek.com/americas-most-loved-workplaces-2021

About Rackspace Technology
Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Media Contact
Natalie Silva
Rackspace Technology Corporate Communications
publicrelations@Rackspace.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/54bbeed9-514f-4de7-86ef-5b1ebe8358ce


Rackspace Technology Inc

NASDAQ:RXT

RXT Rankings

RXT Latest News

RXT Stock Data

Link
Technology Services, Data Processing Services
US
San Antonio

About RXT

rackspace, the #1 managed cloud company, helps businesses tap the power of cloud computing without the challenge and expense of managing complex it infrastructure and application platforms on their own. rackspace engineers deliver specialized expertise on top of leading technologies developed by openstack, microsoft, vmware and others, through a results-obsessed service known as fanatical support®. we have more than 300,000 customers worldwide, including two-thirds of the fortune 100. rackspace was named a leader in the 2015 gartner magic quadrant for cloud-enabled managed hosting, and has been honored as one of fortune’s best companies to work for in six of the past eight years. learn more at www.rackspace.com.