Great Place to Work^? and FORTUNE rank the firm third nationwide

NASHVILLE, Tenn., September 11, 2024--(BUSINESS WIRE)--Pinnacle Financial Partners has once again been named among the nation’s Best Large Workplaces in Financial Services and Insurance by FORTUNE magazine and Great Place to Work^?, climbing to the No. 3 spot for 2024. That’s up from No. 7 in 2023 and places the firm on a top 10 list of much larger national and international brands. This marks the eighth consecutive year Pinnacle has earned this recognition, reinforcing its reputation as a destination for top-tier talent in the banking industry.

"Our 24-year commitment to creating a great place to work is at the core of our business model," said Terry Turner, Pinnacle’s president and CEO. "We’ve built a culture where the best of the best want to work, where they want to stay and where they’re empowered to give their best to clients. That’s a model that benefits everyone we serve, including delivering long-term value to our shareholders. Our team shows up and contributes to our outstanding culture every day, and we couldn’t be prouder of them."

The rankings are based on anonymous employee feedback from more than 194,000 people in financial services and insurance industries. The survey evaluates workplace culture, trust in leadership, respect among colleagues and fairness in decision-making. Pinnacle’s focus on these principles and the firm’s own values ensure that associates feel empowered, motivated and invested in the firm’s success.

Pinnacle’s workplace culture is built on mutual care, with associates supporting each other in their work and personal lives. Every associate owns part of the firm through restricted stock grants, and every non-commissioned associate participates in the same cash incentive plan based on firm-wide performance rather than individual quotas. This has resulted in high engagement scores on the annual Great Place to Work survey:

• 98 percent say Pinnacle is a great place to work (benchmark is 90 percent)

• 94 percent say people are paid fairly for their work they do (benchmark is 76 percent)

• 98 percent say people are treated fairly regardless of their race (benchmark is 94 percent)

• 98 percent say people are treated fairly regardless of their gender (benchmark is 93 percent)

The firm’s commitment to its associates drives exceptional client service, where associates are empowered to go above and beyond to meet client needs. This model fosters long-term relationships with clients, built on trust and comprehensive service, contributing to Pinnacle’s continued growth and success in the Southeast.