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MasterControl Wins ?Best Employee Recognition Program? Award From Utah Business Magazine
SALT LAKE CITY Nov. 16, 2006 MasterControl Inc. was among 17 companies recognized by Utah Business magazine as part of its 2006 ?Best Companies to Work For? awards. MasterControl received the ?Best Employee Recognition Program? award during a ceremony today at the Wells Fargo Building in downtown Salt Lake City.
The magazine surveys top private and public companies in Utah to recognize those that generate strong employee loyalty. Twelve were honored with ?Best Companies to Work For? awards, and five, including MasterControl, were recognized for outstanding achievements in special categories. All 17 companies are profiled in the November issue of the magazine.
MasterControl recognizes the ?mastery? of its employees through its ?Masters Program,? named after the company and its software products, but also inspired by the Masters Tournament for men's professional golf. Borrowing from the famous tournament, MasterControl gives an annual ?Green Jacket? award for the most outstanding contribution. Quarterly awards of the ?Green Cap? qualify team members to be considered for the ?Green Jacket.? Monthly awards of the ?Green Shirt? qualify team members to be considered for the ?Green Cap.? There is a similar line of sales awards, but in gold instead of green. All awards are given at monthly meetings, quarterly celebrations, and an annual Green & Gold Banquet.
?MasterControl's bedrock business philosophy is that its employee team is of inestimable worth, and as an organization, MasterControl strives to match great people with great opportunities,? said Jon Beckstrand, CEO of MasterControl. ?We believe that exceptional people are attracted to organizations with real values. We established the Masters Program as a creative and fun way to honor our exceptional team members and celebrate our continued success.?
MasterControl is a private company with headquarters at the Old Mill Technology Center in Cottonwood Heights, Salt Lake City. The company believes that its core values of exceptional people, customer success, innovative solutions, and sound economics form the basis of its success. Founded in 1993, the company has experienced strong growth over the last several years, more than doubling its revenue and personnel from 2004 to 2006, while maintaining and improving profitability. MasterControl has 70 employees at its Utah headquarters and 20 employees across the U.S.