24.07.2024
International
Lincoln Electric Awarded
Lincoln Electric Holdings, Inc., announced that it has been awarded on TIME’s inaugural list of "America’s Best Mid-Size Companies" 2024. Lincoln Electric ranked 66th overall and was one of 16 companies awarded within the “IT, Electronics, Hardware and Equipment” category. The award is presented by TIME and Statista Inc., the statistics portal and industry ranking provider and the awards list can be viewed on the TIME’s website.
“We are honored to be named to "TIME’s Best Mid-Size Companies" 2024 list, as the recognition reinforces our "Higher Standard" strategy initiatives to accelerate growth, increase employee development and engagement and enhance our sustainability programming,” commented Steve B. Hedlund, Lincoln Electric’s President and Chief Executive Officer.
The "America’s Best Mid-Size Companies" 2024 list represents 500 U.S. companies across 18 different industry categories that generated between $100 million and $10 billion in revenue in 2022 or 2023. Companies were evaluated across three criteria:
- Employee Satisfaction: Data of standardized work-related KPIs based on survey data from a large sample of employees from U.S. companies.
- Revenue Growth: Revenue growth data of all relevant companies from the internal Growth Database and Company Database.
- Sustainability Transparency: ESG data among standardized KPIs relevant to environment, social, and corporate governance from the internal ESG Database and targeted data research.
(Source: Lincoln Electric Press Release)
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