Network Appliance Makes FORTUNE Magazine's "100 Best Companies to Work For" List
Sunnyvale, Calif. - January 8, 2004 --
Network Appliance, Inc. (NASDAQ: NTAP), a leading provider of
enterprise storage solutions, today was named by FORTUNE magazine
as one of the "100 Best Companies to Work For." The company made
the prestigious list for the second consecutive year, placing at
number 48. NetApp is the only enterprise storage company recognized
this year by its employees for having a premier work
"We are honored to be named again this year as one of the '100 Best
Companies to Work For' by FORTUNE magazine," said Dan Warmenhoven,
CEO of Network Appliance. "All that NetApp has achieved is a clear
reflection of the hard work and dedication of our employees, whose
drive for excellence remains the key force behind our culture,
success, and innovation."
NetApp offers workers a variety of things that make it a great
place to work:
- The company's strong corporate culture, which
is built on clearly defined values that guide decision-making and
- Strong employee communications through company
events, such as quarterly All Hands meetings, Webcast executive
messages, intranet Web sites, and ongoing cross-functional team
- Its employee orientation program, T.O.A.S.T.
(Training On All Special Things), which gives employees an overview
of the company goals and objectives and how each department
contributes to the company's overall success as well as the
opportunity to talk to and have lunch with the NetApp senior
- Creative management of benefits programs,
enabling NetApp to do things such as fund its employee gym from
surplus money accumulated through its disability plan
- Consistent encouragement and rewards such as
the NetAppreciation Awards for innovative thinking and
FORTUNE magazine compiles and selects the
"Best Companies to Work For" list every year from a pool of
eligible U.S.-based applicants. To be considered by FORTUNE,
submitting companies allow the magazine to survey randomly selected
employees on topics like trust in management, pride in work and
company, respect for the individual, and camaraderie. Two-thirds of
the ranking is based on the collected employee surveys. FORTUNE
also considers employee demographics, benefits and compensation,
and work-life balance offerings.
The magazine worked with Levering and Moskowitz this year to survey
a random sample of 45,526 employees from 304 candidate companies.
Each company was also asked to fill out a questionnaire, describing
its HR policies, practices, philosophies, and workplace culture. In
scoring the responses, Levering and Moskowitz placed the greatest
weight on the employee responses (two-thirds of the total), in
addition to evaluating each company's benefits and practices.
The Great Place to Work Institute assisted in creating the survey
and evaluating the company responses. The list and related stories
appear in the January 12, 2004 issue of FORTUNE magazine, which
became available in newsstands on January 5, 2004 and at
www.fortune.com on December 29, 2003.
About Network Appliance
Network Appliance is a world leader in unified storage solutions
for today's data-intensive enterprise. Since its inception in 1992,
Network Appliance has delivered technology, product, and partner
firsts that continue to drive "The evolution of storage.™"
Information about Network Appliance™ solutions and services
is available at www.netapp.com.
Network Appliance, Inc.