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Linedata Designated as One of The Boston Globe’s 2011 Top Places to Work in Massachusetts - Linedata wins second year in a row

Linedata (LIN:FP), the global solutions provider dedicated to the investment management and credit industries, today announced that it was named, for the second year in a row, as one of the ‘Top Places to Work’ for 2011 by The Boston Globe.

“The Linedata team represents some of asset management’s top talent and we take employee retention very seriously,” said Annie Morris, managing director of Linedata North America. “Despite what may be perceived as an employer’s market, attracting top talent is harder than ever before and firms must differentiate themselves to attract and retain talented individuals. At Linedata we have established an environment that fosters our employees’ well-being, happiness and career growth. This ‘Top Places to Work’ recognition is evidence of our strong culture; we are delighted by the recognition, both by The Boston Globe and our valued employees.”

“I’d like to extend my congratulations to Linedata for their inclusion in the 2011 issue of The Boston Globe’s Top Places to Work, and for so clearly demonstrating effective ways to create a positive work environment,” said Chris Mayer, publisher of The Boston Globe.

The Boston Globe engaged WorkplaceDynamics, specialists in employee engagement and retention, to survey employees at 237 participating companies, receiving completed surveys from 73,813 individuals. Each was asked to grade their organization’s performance according to 24 distinct statements, ranging from “New ideas are encouraged at this company,” to “It’s easy to tell my boss the truth.” In addition, all the employers were invited to complete a 12-question survey on workplace practices.

To compile the ranking, each employer was measured according to six factors: direction, execution, managers, career, conditions and pay and benefits.

All of the participating employers were placed into one of three size groups, based on the number of employees in Massachusetts, to account for the “small company effect” found in such surveys. Small workplaces were defined as those with 100 to 249 employees; midsize workplaces were defined as those with 250 to 999 employees; and large workplaces were those with 1,000 or more employees. All companies were then ranked within their size band.