ESCA member Clif Bar & Co. was recently recognized as one of the best companies to work for in the United States on the 2013 Great Place to Work® list by FORTUNE magazine.
Kevin Cleary CEO of Clif Bar, says that “Happy, healthy people create good food. We’re honored to be recognized for building a company culture that supports and inspires our employees to grow and succeed, have fun and contribute to a more sustainable future.”
The recognition of Clif Bar in the magazine’s annual list is another sign that employee-ownership benefits not just the bottom line, which was noted in a study by University of Pennsylvania, but also community morale and camaraderie. The study by Steven Freeman and Michael Knoll found that ESOPs displayed higher productivity, profitability, job stability and job growth compared to the general private sector. It goes further to say that the business model helped ESOP companies amass $33 billion more in combined earnings than they would have if they were not employee-owned.
This isn’t the first time that Clif Bar has been recognized as a ‘best place to work.’ In August 2012, Clif Bar made the top ten in the “Top 30 Best Places to Work” by Outside Magazine. Check out our blog post about it here.
ESCA congratulates Clif Bar & Co. and its employee-owners on this recognition and wish them continued success.