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CoStar Group Named Among Richmond Times-Dispatch’s Top Workplaces in 2024

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CoStar Group has been named a 2024 Top Workplace in Richmond by the Richmond Times-Dispatch based on employee surveys. This recognition reflects the company's focus on building strong teams and providing a positive work environment. CoStar Group prioritizes employee investment, with high retention rates and extensive training programs.
CoStar Group è stata nominata Miglior Luogo di Lavoro del 2024 a Richmond dal Richmond Times-Dispatch in base ai sondaggi dei dipendenti. Questo riconoscimento riflette l'impegno dell'azienda nella costruzione di team solidi e nel fornire un ambiente di lavoro positivo. CoStar Group dà priorità all'investimento sui propri dipendenti, con alti tassi di permanenza e programmi di formazione estensivi.
CoStar Group ha sido nombrada uno de los Mejores Lugares de Trabajo en Richmond para el año 2024 por el Richmond Times-Dispatch, basado en encuestas a empleados. Este reconocimiento refleja el enfoque de la empresa en construir equipos fuertes y proporcionar un ambiente de trabajo positivo. CoStar Group prioriza la inversión en sus empleados, con altas tasas de retención y programas de capacitación extensos.
CoStar Group은 직원 설문 조사를 기반으로 Richmond Times-Dispatch에 의해 2024년 리치몬드 최고의 직장으로 선정되었습니다. 이 인정은 회사가 강력한 팀 구축과 긍정적인 근무 환경 제공에 중점을 두고 있음을 반영합니다. CoStar Group은 높은 직원 유지율과 광범위한 교육 프로그램을 통해 직원 투자를 우선시합니다.
CoStar Group a été nommé Meilleur Lieu de Travail 2024 à Richmond par le Richmond Times-Dispatch sur la base d'enquêtes auprès des employés. Cette reconnaissance reflète l'engagement de l'entreprise à construire des équipes solides et à offrir un environnement de travail positif. CoStar Group donne la priorité à l'investissement dans ses employés, avec des taux de rétention élevés et des programmes de formation étendus.
CoStar Group wurde von der Richmond Times-Dispatch als einer der Top-Arbeitsplätze in Richmond für das Jahr 2024 aufgrund von Mitarbeiterumfragen ausgezeichnet. Diese Anerkennung spiegelt den Fokus des Unternehmens auf den Aufbau starker Teams und die Schaffung eines positiven Arbeitsumfeldes wider. CoStar Group legt Wert auf die Investition in ihre Mitarbeiter, mit hohen Verbleibensraten und umfangreichen Schulungsprogrammen.
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Recognition for CoStar Group, based on employee surveys, was awarded in first year of consideration

RICHMOND, Va.--(BUSINESS WIRE)-- CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that it has been chosen as a 2024 Top Workplaces USA for Richmond by the Richmond Times-Dispatch. This was the first year that CoStar Group had been considered for the award, which was informed by employee surveys conducted by a neutral third party, employee research firm Energage.

“I’m very proud that we’ve been named one of Richmond’s top places to work, an accolade that reflects our relentless focus on building and supporting the best teams in the industry,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “This is a validation of our efforts to create the most positive environment possible for our employees and empower them to succeed in a variety of ways. Winning this award in Richmond, where our largest number of global employees are located, helps solidify our reputation as a place where people want to work.”

The Richmond Times-Dispatch Top Workplaces Award recognizes companies in the Greater Richmond area that promote a positive workplace life and provide their employees with outstanding training opportunities and benefits. Entrants are evaluated on issues ranging from workplace life and work-life balance to training opportunities and benefits, through anonymous employee surveys.

CoStar Group prioritizes investment in its own employees as its strongest advantage in the industry. Last year, the company promoted 1,021 employees to new internal roles and maintained a 99.1% average monthly retention rate. It has also emphasized best-in-class training programs, with employees averaging 54 hours of training in 2023, a 22.7% increase compared to the year prior.

1,774 companies, nonprofit organizations and government entities were invited to participate in the Top Workplaces USA survey, and 130 were surveyed, the highest number in the 11-year history of the award. CoStar Group employees submitted over 2,500 comments on their experience working for the company.

About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information. CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyze, interpret and gain unmatched insight on property values, market conditions and availabilities. Apartments.com is the leading online marketplace for renters seeking great apartment homes, providing property managers and owners a proven platform for marketing their properties. LoopNet is the most heavily trafficked online commercial real estate marketplace with over twelve million monthly global unique visitors. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X offers a leading platform for conducting commercial real estate online auctions and negotiated bids. Homes.com is the fastest growing online residential marketplace that connects agents, buyers, and sellers. OnTheMarket is a leading residential property portal in the United Kingdom. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. Business Immo is France’s leading commercial real estate news service. Thomas Daily is Germany’s largest online data pool in the real estate industry. Belbex is the premier source of commercial space available to let and for sale in Spain. CoStar Group’s websites attracted over 160 million unique monthly visitors in September 2023. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia. From time to time, we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

Media

Matthew Blocher

CoStar Group

(202) 346-6775

mblocher@costargroup.com

Source: CoStar Group

FAQ

Why was CoStar Group named a 2024 Top Workplace in Richmond?

CoStar Group was named a 2024 Top Workplace in Richmond based on employee surveys conducted by a neutral third party, Energage.

Who is the Founder and CEO of CoStar Group?

Andy Florance is the Founder and Chief Executive Officer of CoStar Group.

What is the ticker symbol for CoStar Group?

The ticker symbol for CoStar Group is CSGP.

How many employees did CoStar Group promote to new internal roles last year?

CoStar Group promoted 1,021 employees to new internal roles last year.

How many hours of training did employees average in 2023 at CoStar Group?

Employees at CoStar Group averaged 54 hours of training in 2023, a 22.7% increase compared to the previous year.

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