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QuikTrip on 'Best' List

Retailer makes Fortune's "Best Companies to Work For" list for 8th year
TULSA, Okla. -- For the eighth straight year, QuikTrip Corp. has captured a spot on Fortune magazine's list of the "100 Best Companies to Work For," coming in at No. 41. Last year, it was ranked at No. 27.

The Tulsa, Okla.-based convenience store and gasoline retailer made the list because "new employees at this Midwest chain of convenience stores are taken under the wing of mentors, who work with them for two weeks," said the report. It added, "Full-time turnover is 12% (unheard of in the industry), and the company maintains an IT staff of 79 to keep things running."[image-nocss]

The company employs 10,311 people, all in the United States; 314 new jobs are created each year, for 5% job growth, the magazine said.

The most common salaried job, store manager, earns $69,560. The most common hourly job, relief assistant, earns $44,084.

"This year, I believe QuikTrip's culture and core values really made the difference in being selected to be on this prestigious list," Chet Cadieux, president and CEO of QuikTrip, told KRMG Radio. "Despite the economic landscape, our steadfast belief in giving our employees the opportunity to grow and succeed is in direct correlation to our aggressive growth in store count. Our long term focus to excel in our fresh food offer through QuikTrip Kitchens furthers this objective."QuikTrip operates about 540 locations in 11 states. Its major markets are Atlanta; Dallas-Fort Worth; Kansas City; St. Louis; Tulsa; Des Moines, Iowa; Omaha, Neb.; and Phoenix. It also recently entered the Tucson, Ariz., market. (Click here to view previous CSP Daily News coverage.)

Click here to view QuickTrip's full listing in Fortune's "Best Companies to Work For" ranking.

Andclick here to view the full list.

San Antonio, Texas-based Valero Energy Corp. fell of the list this year, from No. 93.

(Click here to view previous CSP Daily News coverage of the annual list.)

To select the companies for the list, Fortune magazine partners with the Great Place to Work Institute to conduct what it says is the most extensive employee survey in corporate America. Two-thirds of a company's score is based on the results of the Institute's Trust Index survey, which is sent to a random sample of employees from each company. The survey asks questions related to their attitudes about the management's credibility, job satisfaction and camaraderie. The other third of the scoring is based on the company's responses to the Institute's Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring, communication and diversity.

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