Lord Abbett Earns 2021 Great Place to Work Certification™ | Lord Abbett
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Jersey City, NJ —August 5, 2021— Lord Abbett is proud to be Certified™ by Great Place to Work®. The prestigious award is based entirely on what current employees say about their experience working at Lord Abbett. This year, 88% of employees said it’s a great place to work—29 points higher than the average U.S. company.

Great Place to Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation. “Great Place to Work Certification™ isn’t something that comes easily—it takes ongoing dedication to the employee experience,” said Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work. “It’s the only official recognition determined by employees’ real-time reports of their company culture. Earning this designation means that Lord Abbett is one of the best companies to work for in the country.”

“We’re thrilled to be recognized for empowering our people, building meaningful careers, enhancing well-being, and creating an equitable environment for all,” said Douglas B. Sieg, Managing Partner of Lord Abbett.

Lord Abbett’s vibrant culture puts people—its colleagues, clients, and community—first. The firm is unified by its vision to be the most respected asset manager in the world, and energized by its “dream big, work hard, have fun” principle. Lord Abbett hires and rewards diverse talent who share its values of excellence, responsibility, transparency, and collaboration. In addition, the firm has built a principles-led, performance-oriented, and purpose-driven culture in which its people thrive.

Lord Abbett has enjoyed high levels of engagement and participation in firmwide activities including guest speaker events, leader development, and experiential learning. The organization’s emphasis on diversity, equity, and inclusion includes a growing array of initiatives such as the Women’s Network, which offers learning and growth opportunities. Lord Abbett’s efforts to strengthen allyship with the LGBTQ+ community resulted in a score of 100% on the Human Rights Campaign’s Corporate Equality Index.

During the COVID-19 pandemic, Lord Abbett’s strong culture has provided it with the agility required to adapt and advance in uncertain times. The firm’s leadership has maintained frequent and meaningful communication with employees through weekly town hall meetings and has promoted well-being through ongoing dialogue and resources focused on physical and mental health.

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. 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, earn a fair share of the company’s profits, and have a fair chance at promotion.

Reflecting on Lord Abbett’s certification as a Great Place to Work, Douglas B. Sieg added, “We are incredibly proud of our principles-led, performance-oriented, purpose-driven culture, and of our ongoing efforts to advance and position the organization for the future.”

 

About Lord Abbett

Lord, Abbett & Co. LLC is a leading asset manager serving clients worldwide. Our purpose—securing a sustainable future for our clients, our people, and our world—fuels everything we do. Our clients trust us to manage approximately $246 billion in assets (as of June 30, 2021) across a full range of U.S. mutual funds, UCITS Funds, institutional and separately managed accounts, including $1.2 billion for which we provide investment models to managed account sponsors. Energized by our “dream big, work hard, have fun” principle, our people thrive in our vibrant culture and deliver lasting impact to our clients and communities. We are honored to have been named one of the Best Places to Work in Money Management for 2020 by Pensions & Investments, as well as a Best Place to Work in the Human Rights Campaign’s 2021 Corporate Equality Index.

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®

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.

Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.

 

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