This Survey and Awards Program Identifies,
Recognizes and Honors the Best Employers in New York City,
Benefiting the City’s Economy, Workforce and Businesses
Perion Network Ltd. (NASDAQ:PERI) announced today that
Undertone, a leader in cross-platform synchronized digital
marketing for the world’s most prominent brands, was named one of
the Best Places to Work in New York City. Crain’s New York Business
launched the pioneering recognition program in 2007, and today, it
is a joint effort of Crain’s New York Business and Best Companies
Group. The annual list is created based on confidential employee
survey responses and a separate survey of employers. The companies
on the list span a wide range of industries and share a commitment
to creating a supportive, collegial and empowering workplace.
“At Undertone, our people are core to our success, and we have
made it a priority to create and cultivate an environment where our
uniquely talented team can grow and thrive,” said Mike Pallad,
President of Undertone. “We are honored to be recognized by the
Crain’s team once again as one of the best places to work in New
York City. This recognition is a true testament to the work of our
amazing human resources team, which has worked tirelessly to create
a culture where employees are valued, heard and respected. The
strength of our people manifests itself into the inspiring work we
do for our clients and we look forward to growing this team in
2019.”
This is Undertone’s seventh recognition from Crain’s. Founded in
2002, Undertone has been at the forefront of the technology that
drives where and how ads are displayed. Its synchronized digital
branding platform creates powerful consistent messaging for today’s
most digitally savvy brands. Undertone was selected due to the
responses reviewed on its employee surveys that focused on
workplace policies, practices, systems and demographics, as well as
overall experience. Appropriately, 40% of new hires at Undertone in
2018 were a direct result of employee referrals.
Key new Undertone initiatives include:
- Peer Pods: These intimate feedback
loops are fluid sessions in which managers meet with employees in
order to get a sense of what’s working day-to-day and what needs
improvement.
- ULead: Supplemented by Peer Pods, ULead
is a new management training initiative, empowering team leaders
with leverage new ideas and techniques learned from other
managers.
- Wellness Wednesdays: Once a month event
offering employees free wellness sessions such as yoga and
meditation.
- Undertone Cares: A giving back program
for the Undertone offices’ charity of choice. This year, employees
in the NY office chose Operation Backpack, donating hundreds of
school supplies for children going into the new school year.
“I have worked at several tech companies over the course of my
career and it has always been my mission to build a solid HR
infrastructure within companies that have growth potential,” said
Louise Peddell, VP of Human Resources at Undertone. “I knew there
was something special when I joined Undertone and the passion and
pride for the work that they do is palpable. We have a lot of fun
here, and it shows! In light of this recognition, I am
extremely proud of my team for their laser focus on developing new
initiatives and programs in order to foster the energy and passion
for creativity that is so evident and contagious. Looking ahead, we
will continue to work across teams to generate new programs and
amazing opportunities for our culture’s constant growth and
evolution.”
In early 2019, Undertone will house its significant workforce
expansion in a brand-new office space at One World Trade Center.
This is an important step in further establishing itself as a
people-driven technology company where employees work as a cohesive
unit to move the company forward. Joining the ranks of Conde Nast,
GroundTruth, and Infosys Technologies, Undertone will move from its
current office on Madison Avenue in Midtown, into the new space in
downtown Manhattan.
Crain’s New York Business will publish the numerical rankings
online at www.crainsnewyork.com and in Crain’s New York Business’
print edition on December 3, 2018.
Companies across all five boroughs participated in the two-part
survey process to determine the Best Places to Work in New York
City. The first part (25% of the ranking) consisted of evaluating
each nominated organization’s workplace policies, practices,
philosophy, systems, and demographics. The second part (75% of the
ranking) involved an employee survey to measure the employee
experience. The combined scores determined the top companies and
the final ranking.
For more information on the Best Places to Work in New York City
program, visit www.BestPlacesToWorkNYC.com.
About Undertone:
Undertone, a division of Perion Network Ltd. (NASDAQ: PERI),
sits at the intersection of creative, data, and distribution,
delivering award-winning creative experiences for the world’s
leading brands. Through its synchronized digital branding solution,
Undertone delivers cohesive stories that reach consumers across the
most important touchpoints, screens, and platforms. Undertone’s
solution eliminates fragmentation and ensures brand messaging is
synchronized and perfectly aligned with campaign KPIs—always with
beautiful creative and in brand-safe environments. Learn more at
www.undertone.com.
About Perion Network Ltd.:
Perion is a global technology company that delivers advertising
solutions to brands and publishers. Perion is committed to
providing data-driven execution, from high-impact ad formats to
branded search and a unified social and mobile programmatic
platform. More information about Perion may be found
at www.perion.com. Follow Perion on Twitter
@perionnetwork.
About Crain’s New York Business:
For more than 25 years, Crain’s New York Business has been the
award-winning news source for New York’s business leaders, telling
the story of the New York economy, while serving as a voice and
advocate for the city’s business community. Reporting through the
prism of business, Crain’s helps its readers stay on top of the
inner workings of New York’s economic and political ecosystem, by
uncovering new business opportunities and creating connections with
the broader New York business community at our events, online, in
print and through our newsletters.
About Best Companies Group:
Best Companies Group (BCG) is dedicated to establishing “Best
Places to Work,” “Best Companies” and “Best Employers” programs to
identify and recognize workplaces that nurture a superior level of
employee satisfaction and engagement. BCG researches the dynamics
and characteristics of employers in numerous geographic regions and
industries, both nationally and internationally, and then produces
annual “Best” lists of the organizations that are leading the way
in defining the employee experience of the 21st century.
Forward Looking Statements:
This press release contains historical information and
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 with respect to the
business, financial condition and results of operations of Perion.
The words “will”, “believe,” “expect,” “intend,” “plan,” “should”
and similar expressions are intended to identify forward-looking
statements. Such statements reflect the current views, assumptions
and expectations of Perion with respect to future events and are
subject to risks and uncertainties. Many factors could cause the
actual results, performance or achievements of Perion to be
materially different from any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements, or financial information, including,
among others, the failure to realize the anticipated benefits of
companies and businesses we acquired and may acquire in the future,
risks entailed in integrating the companies and businesses we
acquire, including employee retention and customer acceptance; the
risk that such transactions will divert management and other
resources from the ongoing operations of the business or otherwise
disrupt the conduct of those businesses, potential litigation
associated with such transactions, and general risks associated
with the business of Perion including intense and frequent changes
in the markets in which the businesses operate and in general
economic and business conditions, loss of key customers,
unpredictable sales cycles, competitive pressures, market
acceptance of new products, inability to meet efficiency and cost
reduction objectives, changes in business strategy and various
other factors, whether referenced or not referenced in this press
release. Various other risks and uncertainties may affect Perion
and its results of operations, as described in reports filed by the
Company with the Securities and Exchange Commission from time to
time, including its annual report on Form 20-F for the year ended
December 31, 2017 filed with the SEC on March 27, 2018. Perion does
not assume any obligation to update these forward-looking
statements.
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Perion Network Ltd.Investor relationsHila Valdman+972
(73) 398-1000Investors@perion.com
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