News Details

HOUSTON--(BUSINESS WIRE)-- FORTUNE announced today that Camden Property Trust (NYSE: CPT) has been ranked 10 on the 13^th annual "100 Best Companies to Work For" list. The full list and related stories appear in the February 8 issue of FORTUNE, available on newsstands on Monday, January 25, and now at fortune.com/bestcompanies.

FORTUNE Deputy Managing Editor Hank Gilman says, "The most important considerations for this year's list were hiring and the ways in which companies are helping their employees weather the recession. All 100 companies on our list are currently hiring, many of them aggressively, leading to more than 96,000 open job positions expected in the next year."

"Inclusion on FORTUNE's list is an extraordinary tribute to every Camden associate. To us, this honor is so meaningful because two-thirds of our score comes from the employee opinion surveys. More importantly, every associate at Camden makes this a Great Place to Work through their dedication, their individual contributions and their amazing teamwork," said Keith Oden, President of Camden Property Trust.

To pick the 100 Best Companies, FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. Two-thirds of a company's score is based on the results of the Institute's Trust Index survey, which is sent to a random sample of employees from each company. The survey asks questions related to their attitudes about the management's credibility, job satisfaction, and camaraderie. The other third of the scoring is based on the company's responses to the Institute's Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring, communication, and diversity.

"Being recognized as a Great Place to Work underscores that our strong culture exists - and thrives - in downturns just as well as it does in a booming economy. Making the FORTUNE list exemplifies the goal we set when this company was founded; to create a workplace where the people are our most important asset," said Ric Campo, Camden's Chairman and Chief Executive Officer.

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 183 properties containing 63,286 apartment homes across the United States. Upon completion of two properties under development, the Company's portfolio will increase to 63,658 apartment homes in 185 properties.

    Source: Camden Property Trust