MEMPHIS, Tenn., Jan. 9, 2007 (PRIME NEWSWIRE) -- First Horizon National Corp. (NYSE:FHN) has continued its decade-long tradition of earning a spot on FORTUNE magazine's list of the nation's 100 Best Companies to Work For. First Horizon is one of only 18 companies to make the list every year since its inception 10 years ago.
This year 446 companies vied for a slot on the list, up from 161 in 1998. The full list and related stories appear in the Jan. 22 issue of FORTUNE, available on newsstands Jan. 15 and at www.fortune.com today.
"We continue to find that satisfied employees who feel valued at work lead to loyal customers, and we're honored that FORTUNE continues to recognize our efforts to create a great place to work," said First Horizon Chairman and CEO Ken Glass.
In addition to appearing on the magazine's list of All Stars for earning a spot on the 100 Best Companies to Work For list all 10 years, First Horizon also earned a ranking of 12th best large company and 46th overall.
About the 100 Best Companies to Work For list
The 100 Best Companies to Work For list is compiled for FORTUNE by Robert Levering and Milton Moskowitz of the Great Place to Work Institute in San Francisco. As part of the most extensive employee survey in corporate America, more than 105,000 employees from 446 companies responded to a 57-question survey. Two-thirds of a company's score is based on the survey, which is sent to a minimum of 400 randomly selected employees from each company and asks about things such as attitudes toward management, job satisfaction, and camaraderie. The remaining third of the score comes from their evaluation of each company's responses to the institute's Culture Audit, which includes detailed questions about demographic makeup, pay, and benefits programs, and open-ended questions about the company's people-management philosophy, internal communications, opportunities, compensation practices, diversity programs, etc. After the evaluations were completed, if news about a company came to light that may have significantly damaged employees' faith in management, the company may have been excluded from the list.
About First Horizon
The 12,000 employees of First Horizon National Corp. (NYSE:FHN) provide financial services to individuals and business customers through hundreds of offices located in more than 40 states. The corporation's three major brands -- FTN Financial, First Horizon and First Tennessee -- provide customers with a broad range of products and services including:
-- Capital markets, one of the nation's top underwriters of U.S.
government agency securities
-- Mortgage banking, one of the nation's top 25 mortgage originators
and top 15 servicers
-- Retail/commercial banking, with the largest market share in
Tennessee and one of the highest customer retention rates of any
bank in the country
FHN companies have been recognized as some of the nation's best employers by AARP, Working Mother and FORTUNE magazines. FHN also was named one of the nation's 100 best corporate citizens by Business Ethics magazine. More information can be found at www.fhnc.com.