Franklin Electric Co., Inc. has been named to Newsweek magazine’s list of America’s Most Trustworthy Companies 2023 – the Company’s second consecutive win.
This national recognition is presented by Newsweek and Statista Inc., the statistics portal and industry ranking provider.
Selection criteria
Newsweek selected and ranked America’s Most Trustworthy Companies based on three key performance pillars: customer trust, investor trust, and employee trust.
Compiling the data for these indicators included surveying 25,000 U.S. residents, completing 95,000 company evaluations, and conducting a Social Listening analysis. This involved researching over 270,000 social media mentions and rating them as positive, neutral, or negative. In the end, 700 companies were identified across 23 industries.
helping individuals and communities
Knowing that we have trust and confidence of our employees, our customers, and our shareholders is important"
“At Franklin Electric, we take great pride in helping individuals and communities access and protect some of our most important natural resources,” said Gregg Sengstack, Chairperson of the Board and Chief Executive Officer.
“Knowing that we have the trust and confidence of our employees, our customers, and our shareholders is important in all that we do. It assures that we are keeping our promises and helping people move forward in their lives, in their careers, and with their businesses.”
employee engagement surveys
The company often conducts its employee engagement surveys to assure its workforce is engaged and satisfied.
During the most recent survey, conducted in 2021, employees overwhelmingly ranked themselves as “extremely satisfied” with their careers at Franklin Electric, praising the company’s commitment to training, safety, and overall managerial support.
