Rackspace In Sunday Times ‘Best Place To Work’ List For 7th Year In A Row in the UK
London,UK - 05 March 2012 – Rackspace® Hosting (NYSE: RAX), the service leader in cloud computing, has been named a 'best place to work' in the UK for the seventh year running in the Sunday Times 100 Best Companies awards. The honor was announced at an awards ceremony held at London’s Battersea Evolution hotel last week.
To meet the Sunday Times award’s entry requirements Rackspace was required to carry out an internal poll of its workers’ opinions on their workplace and job function. A total of 83% of Rackspace ‘Rackers’ said that they were extremely proud to work for the company; and 80% felt that they could make a valuable contribution to the firm’s wider market success.
“Out of the thousands of companies in the UK we are thrilled to have made the list for the list for the 7th year in a row. That is truly an achievement of which we can be very proud as there must only be a handful of companies in our position,” said Taylor Rhodes, Managing Director International at Rackspace. “Every Racker is employed because of the skills and personality they bring that will help us achieve this vision ‘to become one of the world’s greatest service company’.”
As featured in the Sunday Times Best Companies supplement, Rackspace makes 91 hours of training available for every employee as part of the firm’s personal skills programme, from 45-minute knowledge bites on both technical and commercial topics to workshops for existing managers, courses for new starters and classes in negotiating and organising. A total of 78% of the Rackers would describe their jobs as 'good for their own personal growth' and 80% say the experience they gain in the workplace is valuable for their future.
Founded in Texas in 1998, the UK operation opened 11 years ago and employees over 700 people across three offices in the southeast of England. Rackspace UK has built a modern well equipped office environment operating a professional services backbone, matched with a relaxed and human approach to employee welfare.
Within The Sunday Times employee poll for Rackspace a total of 79% of workers said that they were excited about where the company was going in the year ahead.
The Sunday Times 100 Best Companies to Work For 2012 analysed a total of 1082 companies who registered to participate -- (34 big, 270 mid-size, 524 SMEs and 254 not-for-profit organisations). The awards were judged by using views from employees and the policies and processes of the employers themselves. The list seeks to identify best practice and ranks companies chiefly by their results in eight key indicators of staff engagement.
ENDS
About Rackspace Hosting
Rackspace® (NYSE: RAX) is the open cloud company and founder of OpenStack, the standard open-source operating system for cloud computing. Headquartered in San Antonio, Rackspace delivers its renowned Fanatical Support® to more than 200,000 business customers, from data centers on four continents. Rackspace is a leading provider of hybrid clouds, which enable businesses to run their workloads where they run most effectively — whether on the public cloud, a private cloud, dedicated servers, or a combination of these platforms. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company, and is featured on Fortune’s list of 100 Best Companies to Work For. For more information, visit www.rackspace.co.uk.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Rackspace Hosting could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements concerning expected development, performance or market acceptance associated with the Rackspace’s hybrid cloud solutions, federated cloud services or other associated products and services; anticipated operational and financial benefits from Rackspace’s hybrid cloud solutions, federated cloud services or other associated products and services; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include including the possibility that expected benefits from the Rackspace cloud network program or the products and services offered through the Rackspace cloud network program may not materialize because the products or services are not generally accepted in the marketplace, which could occur due to certain factors including (i) a failure to market the products or services cost effectively, differentiate the products and services from competitive products and services or communicate differentiations effectively, (ii) the reliability, quality or compatibility associated with the products or services, (iii) changes in technology which adversely affect the benefits of the product, (iv) slowdowns in the general economy or technology industry that impact consumer spending habits, (v) internal strategy decisions that impact the platform, products and services, and (vi) and other risks that are described in Rackspace Hosting’s Form 10-Q for the year ended March 31, 2012, filed with the SEC on May 9, 2013. Except as required by law, Rackspace Hosting assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
