Exact Sciences Earns 2024 Great Place To Work® Certification™

Rhea-AI Summary

Exact Sciences (NASDAQ: EXAS) has secured the 2024 Great Place To Work® certification, marking the sixth consecutive year of achieving this distinction. This certification is based on a confidential survey of U.S.-based employees, with 85% affirming it as a great workplace, significantly higher than the national average. The recognition underscores the company's commitment to fostering a positive work environment characterized by integrity, teamwork, and innovation. Sarah Condella, EVP of Human Resources, attributes this achievement to the dedication and commitment of the team. The Great Place To Work certification is a testament to the company's efforts in employee retention and innovation, driven by a culture of trust, respect, and collaboration.

Positive

• Exact Sciences received the Great Place To Work® certification for the sixth consecutive year.
• 85% of employees rated Exact Sciences as a great place to work, 28 points above the average U.S. company.
• The certification is based on unbiased and anonymous employee feedback.
• Exact Sciences' positive work culture focuses on teamwork, integrity, and innovation.
• Certified workplaces like Exact Sciences show higher employee retention and innovation rates.
• Employees at certified workplaces are more likely to receive fair pay and promotions.

Negative

• No specific financial data or performance metrics related to stock performance were provided in the PR.
• The press release lacks details on the impact of this certification on Exact Sciences' financial outlook.

Award marks sixth consecutive year company has received prestigious distinction

MADISON, Wis.--(BUSINESS WIRE)-- Exact Sciences (NASDAQ: EXAS), a leading provider of cancer screening and diagnostic tests, announced today that the company has been certified as a 2024 Great Place To Work® for the sixth consecutive year. The certification is based on the results of a confidential employee survey to U.S.-based employees, providing an unbiased evaluation of the company’s work environment, culture, and leadership. This year, 85% of employees called Exact Sciences a Great Place To Work, surpassing the average U.S. company by an impressive margin of 28 points.

Great Place To Work is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.

“We’re honored that Exact Sciences is a certified Great Place To Work for the sixth year in a row,” said Sarah Condella, executive vice president of human resources at Exact Sciences. “This recognition comes thanks to our remarkable team. What makes Exact Sciences exceptional is our team's dedication to teamwork, integrity, and innovation, paired with their unwavering commitment to our purpose of helping eradicate cancer. Fostering an inclusive, collaborative environment for all employees is our priority, and this prestigious certification reaffirms our commitment to that promise.”

By achieving this distinction, Exact Sciences joins an elite group of organizations that have demonstrated exceptional workplace practices, a willingness to act on employee feedback, and a strong commitment to employee well-being. The anonymous feedback collected during certification focuses on factors known to impact the quality of an employee’s experience, such as trust, pride, respect, and camaraderie.

“Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience,” said Sarah Lewis-Kulin, vice president of global recognition at Great Place To Work. She emphasized that certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. “By successfully earning this recognition, it is evident that Exact Sciences stands out as one of the top companies to work for, providing a great workplace environment for its employees.”

According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at a certified great workplace and 15 times more likely to choose to work at a certified great workplace. Additionally, employees at certified workplaces are 93% more likely to look forward to coming to work and are twice as likely to be paid fairly, to earn a fair share of the company’s profits, and to have a fair chance at promotion.

Exact Sciences is looking for talented people who are passionate about fighting cancer. For more information and to view a complete list of job openings, visit the company careers site.

About Exact Sciences Corp.

A leading provider of cancer screening and diagnostic tests, Exact Sciences gives patients and health care professionals the clarity needed to take life-changing action earlier. Building on the success of the Cologuard® and Oncotype® tests, Exact Sciences is investing in its pipeline to develop innovative solutions for use before, during, and after a cancer diagnosis. For more information, visit ExactSciences.com, follow Exact Sciences on X (formerly known as Twitter) @ExactSciences, or find Exact Sciences on LinkedIn and Facebook.

About Great Place To Work® Certification™

Great Place To Work® Certification™ is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience — specifically, how consistently they experience a high-trust workplace. Great Place To Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work Certified.

About Great Place To Work®

As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List. Learn more at greatplacetowork.com and follow Great Place To Work on LinkedIn, Twitter, Facebook and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240521036007/en/

Media Contact (U.S.):

Steph Spanos

+1 608-556-4380

sspanos@exactsciences.com



Investor Contact:

Erik Holznecht

+1 608-800-6605

investorrelations@exactsciences.com

Source: Exact Sciences Corp.

FAQ

What is the significance of Exact Sciences' 2024 Great Place To Work certification?

The 2024 Great Place To Work certification signifies that Exact Sciences has been recognized for providing an exceptional workplace for the sixth consecutive year, based on employee feedback.

How did Exact Sciences achieve the Great Place To Work certification?

Exact Sciences achieved the certification through a confidential survey of U.S.-based employees, with 85% rating the company as a great place to work.

What percentage of Exact Sciences employees consider it a great place to work?

85% of Exact Sciences employees consider it a great place to work, which is 28 points higher than the average U.S. company.

How does the Great Place To Work certification impact Exact Sciences?

The certification helps Exact Sciences highlight its positive work culture, potentially aiding in employee retention, innovation, and attracting new talent.

What does the Great Place To Work certification mean for Exact Sciences investors?

For investors, the certification indicates a strong company culture, which can lead to higher employee retention and innovation, potentially benefiting the company's performance.