Vivint Smart Home Named to Newsweek’s Top 100 Most Loved Workplaces for 2022

Vivint Smart Home included alongside 100 U.S. companies recognized for employee satisfaction at work

PROVO, Utah--(BUSINESS WIRE)-- Vivint Smart Home, Inc. (NYSE: VVNT), a leading smart home company in North America, has been named to Newsweek’s Most Loved Workplaces list for 2022 for the second consecutive year. The 2022 Top 100 Most Loved Workplaces® recognizes the top 100 companies for employee happiness and satisfaction at work and are the result of a collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.

The results were determined after surveying more than 1.4 million employees from businesses with workforces varying in size from 50 to more than 10,000. The list recognizes companies that put respect, caring, and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them.

“Our people are the center of what makes our company great, and we’re thrilled to be included on Newsweek’s Most Loved Workplaces list for the second consecutive year,” said David Bywater, CEO of Vivint. “From benefits and rewards, to work affinity groups and community service opportunities, we’re focused on creating the best atmosphere for employees, and we strive to make them feel supported and proud to work at Vivint.”

Newsweek measured each company on five critical areas to gauge employee sentiment, including how positive workers feel about their future at the company, career achievement, how much employer values align with employee values, respect at all levels, and the level of collaboration at the company. In addition, areas such as inclusion, diversity, equity and belonging, and company response and adaptability to the COVID-19 pandemic, such as return-to-office rules, were identified and analyzed in relation to the five critical areas measured.

“As a result of ‘The Great Resignation,’ more companies recognize the importance of focusing on employee satisfaction to not only attract but retain top talent,” said Nancy Cooper, Global Editor in Chief, Newsweek. “The businesses on this year’s list clearly demonstrated that commitment.”

“The companies on this list represent the best at placing love at the center of their employee's experience,” said Louis Carter, CEO, Best Practice Institute. “The number of applications this year and analysis of survey data reinforces our original findings that love is the strongest predictor of the strength of a company's culture, employee engagement, and satisfaction.”

The full Newsweek list of 2022’s Most Loved Workplaces is available here.

Methodology

To identify the top 100 companies for the Newsweek ranking, companies were evaluated and scored as follows: 35 percent of the initial score was based on employee survey responses; 25 percent was derived from analysis of external public ratings from sites such as Comparably, Careerbliss, Glassdoor, Indeed and Google; and 40 percent came from direct interviews with and written responses from company officials. Newsweek then conducted additional research into every company on the list, as well as the top runners up, to determine the final list of 100 companies and their ranking. (The list includes both U.S. firms and companies with a strong U.S. presence that are based overseas.)

About Vivint Smart Home

Vivint is a leading smart home company in the United States. Vivint delivers an integrated smart home system with in-home consultation, professional installation and support delivered by its Smart Home Pros, as well as 24-7 customer care and monitoring. Dedicated to redefining the home experience with intelligent products and services, Vivint serves nearly 1.9 million customers. For more information, visit https://www.vivint.com.

About Newsweek

Newsweek is the modern global digital news organization built around the iconic, over 85-year-old American magazine. Newsweek reaches 100 million people each month with its thought-provoking news, opinion, images, graphics, and video delivered across a dozen print and digital platforms. Headquartered in New York City, Newsweek also publishes international editions in EMEA and Asia.

About Best Practice Institute

Best Practice Institute is an award-winning leadership and organization development center, benchmark research company, think tank, and solutions provider. BPI is the certifying body for Most Loved Workplace® and conducted the original research to create the model and criteria for becoming a Most Loved Workplace®. BPI’s research proves that Most Loved Workplaces® produce 3-4 times better customer service, employee performance, and retention than companies not loved by their employees.

For more information on how to apply to become a certified Most Loved Workplace in 2023, go to: http://www.mostlovedworkplace.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20221019005972/en/

Media Contact (Vivint):

Heidi Mendez

Vivint Public Relations

press@vivint.com

Media Contact (Newsweek):

Scott Baxt

Head of Research, Most Loved Workplace®

scottbaxt@bestpracticeinstitute.org

+1-917-805-6413

Source: Vivint Smart Home, Inc.