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In the News

Shawmut Named the #1 Best Place to Work by the Boston Business Journal

Boston, MA - June 23, 2007 – Shawmut Design and Construction (www.shawmut.com), a $700 million national construction management firm, was recently named the #1 Best Place to Work in the Boston Business Journal’s large company category. This is the fourth consecutive year Shawmut has been recognized by the regional awards program. This award recognizes a company’s achievements in creating a positive work environment that attracts and retains employees through a combination of employee satisfaction, working conditions and company culture.

Boston-based Shawmut was one of almost 400 companies to apply for consideration, and was ranked #1 based on the results of employee-satisfaction surveys taken throughout the spring.

“The company is very proud of its employees,” said Bill Hughes, Shawmut’s President and Chief Operating Officer, “and we’re proud to be ranked #1 for large companies. We are very fortunate to have been honored by the BBJ for four years in a row.”

The top 20 companies in three size categories — small (20-100 employees), midsize (101-500 employees) and large (over 500 employees) — were profiled in a special supplement of the Boston Business Journal issued on June 22. A celebration breakfast was held on the same day to announce the final rankings. Additional event information can be found on the BBJ’s website (http://www.bizjournals.com/boston).

Companies were evaluated on the results of employee-satisfaction surveys. Employees answered questionnaires that addressed such factors as: their pride in the company, company encouragement, support and recognition of achievement, and relationships with co-workers and supervisors. The results were analyzed and scored by assigning points to each question.

About Shawmut
Headquartered in Boston, Massachusetts with offices in Providence, RI, New York, NY, and Atlantic City, NJ, Shawmut Design and Construction is a $700 million national construction management firm providing client-oriented services for academic, cultural and historic preservation, retail, restaurant, banking, corporate interiors, and science and healthcare markets. Visit Shawmut at www.shawmut.com.