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General Mills Named to FORTUNE’s 2010 List of 100 Best Companies


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General Mills was named to FORTUNE’s 13th annual list of the “100 Best Companies to Work For.” FORTUNE credits the company’s family-friendly culture as a standout among the many criteria that earned General Mills a place on FORTUNE’s list for an eighth year. General Mills ranks 90th on this year’s list.

“Many companies focus on either creating a great workplace or a performance-driven culture – very few accomplish both,” said Mike Davis, senior vice president of Global Human Resources for General Mills. “General Mills has created a successful culture by combining career-spanning attention to development with the kind of support that does not require employees to lose sight of family and community commitments,” he said.

“We also know that talented, engaged employees drive customer value and business performance,” Davis said. “We see the competitive advantage of building and promoting great leaders and, in fact, 80 percent of our managers come from within the company.”

In its online coverage of the 100 Best Companies, FORTUNE cites General Mills’ on-site perks for working parents, including the company’s recently expanded infant care center. Other family-friendly resources offered by General Mills include back-up and sick child care, parenting and adoption clubs, and flexible work arrangements.

General Mills is one of two Minnesota companies to make this year’s list; The Mayo Clinic was also honored by FORTUNE. The full list and related stories appear in the Feb. 8 issue of FORTUNE, available on newsstands on Monday, Jan. 25 and now at FORTUNE.com/bestcompanies.

General Mills has made FORTUNE’s 100 Best Companies list in 2010, 2009, 2008, 2006, 2005, 2004, 2000, and 1998.

Methodology
To select 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 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.

About General Mills
One of the world’s leading food companies, General Mills operates in more than 100 countries and markets more than 100 consumer brands, including Cheerios, Häagen-Dazs, Nature Valley, Betty Crocker, Pillsbury, Green Giant, Old El Paso, Progresso, Cascadian Farm, Muir Glen, and more. Headquartered in Minneapolis, Minnesota, USA, General Mills had fiscal 2009 global net sales of US$15.9 billion, including the company’s $1.2 billion proportionate share of joint venture net sales.



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