Tri Pointe Homes® (NYSE: TPH), one of the largest homebuilders in
the U.S., today announced its inclusion by Great Place to Work® and
Fortune magazine on three Best WorkplacesTM lists, including
2023 Best Workplaces for Women™,
2023 Best Workplaces for
MillennialsTM, and
2023 Best Workplaces in
Construction™, adding to its growing list
of employer excellence awards for the year. Based solely on
employee feedback, these three awards follow Tri Pointe Homes’
recognition as one of the
Fortune 100
Best Companies to Work For®
2023 and
2023 PEOPLE® Companies
that Care.
“Earning distinguished positions on these lists serves as an
honest reflection of the culture our team members have created and
which our leadership team fosters at Tri Pointe Homes,” said Tom
Mitchell, president and chief operating officer of Tri Pointe
Homes. “Every one of our successes relies on the talent, energy,
commitment, and ability of our collective team. Our people-first
mindset acts as the guiding compass for all we do, and it’s
extremely gratifying to know that our team members feel we’re
delivering on that promise.”
Tri Pointe’s leadership team operates from the foundational
understanding that its people are its greatest asset and most
enduring investment. Tri Pointe’s passionate culture, combined with
its caring, accessible and transparent leadership and H.E.A.R.T.
values system (based on humility, empowerment, authenticity,
results and team), fosters organizational continuity across all of
Tri Pointe Homes’ operations coast-to-coast. “The cornerstone to a
thriving culture is setting clear expectations and empowering our
team members to do what they do best every day,” continued
Mitchell. “We model a results-oriented mindset and champion shared
vision and purpose. For team members seeking opportunity and
growth, we also provide tools and resources for them to excel and
achieve their professional goals. It’s a win-win for all of
us.”
Tri Pointe Homes, which counts nearly 1,400 team members in its
employ, takes training and development seriously. The company
established its online learning center, Blueprint, through which
team members can curate self-paced learning paths via more than
20,000 professional and personal courses on topics such as Business
Operations, Collaborative Management, Leadership, Productivity and
personal lessons on well-being.
Diverse Demographics Thrive at Tri Pointe
Homes
Following the Great Recession, the number of women in
construction sharply decreased by nearly 30% to 807,000 in 2010.
According to the National Association of Home Builders (NAHB), the
number of women employed in the construction industry and
homebuilding trades increased to more than 1.28 million in the last
few years, recovering jobs lost during the pandemic and reinforcing
a diverse and dynamic workforce. Tri Pointe has focused on
cultivating a diverse set of team members. As of December 31, 2022,
42.2% of Tri Pointe Homes’ team members were women and 40.3% of
team members in management positions were women. To be considered
eligible for ranking on the Fortune Best Workplaces for
Women™ list, a company must employ at least 50 women, have
at least 20% of non-executive managers who are women, and at least
one female holding an executive role.
Emphasis on Well-Being, Transparency and Fun Most Noted
by Millennials
According to analysis from Great Place To Work®, the
organizations named to the Fortune 2023
Best Workplaces for Millennials™ list placed a
notable importance on mental health and well-being programs,
beneath which resides the number one driver for positive
well-being: fun. Across all generations, employees who have fun at
work are 190% to 220% more likely to have high well-being levels,
resulting in consistent over-performance and extra effort. In the
spirit of enhancing the “fun factor,” Tri Pointe Homes sponsors a
series of internal programs and campaigns that foster healthy
competition and team building outings and events.
In conjunction with understanding that having fun fosters joy,
Tri Pointe prioritizes the physical and emotional well-being of its
team members through its Pointes of Wellness platform, a program
focusing on eight pillars of wellbeing: balance, community,
financial, mindfulness, nutrition, physical, purpose, and social.
The program is designed to promote healthy habits and help
individuals and their families achieve personal wellness goals.
Tri Pointe's significant investment in health and well-being
programs spans celebrations for both big and small moments such as
birthdays, anniversaries, adoptions, and the birth of
children—further fostering a familial environment and team
camaraderie. The result is a strong organizational culture within
which teams are empowered and enthusiastic about collaboration,
management is approachable, and team members at every level are
engaged.
Millennial Alexis Carambot, a land entitlement manager at Tri
Pointe Homes in North Carolina, shared, “This is the first job I
have ever had that truly has balance without the false promise. You
will always have that busy week or challenging day, but at the end
of the day, you can do what you need for your personal life without
feeling guilty.”
Tri Pointe is in the Life Changing Business
The common thread that connects every facet of Tri Pointe Homes’
operation, ranked #5 on the Fortune 2023
Best Workplaces in Construction™ list, is the
cemented belief that it exists to change lives. With every new
home, development, and community, Tri Pointe impacts the lives of
individuals, couples, and families beyond the data metrics. The
company’s “Passionate Culture” begins and ends with people:
creating a rewarding, empowered environment that inspires team
members to embrace the company mission as a calling, not just a
profession.
“Being named to these lists proves that the culture we foster
and promote at Tri Pointe Homes is among the best compared to other
great companies both within and outside of our industry,” said
Heather Breidenthal, chief human resources officer of Tri Pointe
Homes. “A consistent theme is the value placed on every team
member. We believe it is one of the reasons our team members highly
rate our performance and how we continue to attract and retain top
talent.”
The Best Workplaces in Construction™ list is based on analysis
from more than 36,000 employees from Great Place to Work-Certified™
companies in the construction industry. In that survey, 90% of its
team members said Tri Pointe Homes is a great place to work, citing
the company’s people-first culture, commitment to community, focus
on collective innovation, and a broad array of educational and
training resources for all as the most rewarding elements of
employment at Tri Pointe Homes.
Great Place To Work® lists are informed by the anonymous
feedback from employees, and survey responses typically reflect a
comprehensive picture and cross-section of workplace culture and
overall experience. Tri Pointe Homes, which was also named to the
Fortune 2022 Best Workplaces for Women™, Fortune 2022 Best
Workplaces in Construction™, and Fortune 2022 Best Workplaces for
Millennials™ , has also been a Great Place to Work-Certified™
company since 2021. Follow this link to see Tri Pointe Homes’
company profile.
About Tri Pointe Homes®One of the largest
homebuilders in the U.S., Tri Pointe Homes, Inc. (NYSE: TPH)
is a publicly traded company and a recognized leader in customer
experience, innovative design, and environmentally responsible
business practices. The company builds premium homes and
communities in 10 states, with deep ties to the communities it
serves—some for as long as a century. Tri Pointe Homes combines the
financial resources, technology platforms and proven leadership of
a national organization with the regional insights, longstanding
community connections and agility of empowered local teams. Tri
Pointe has won multiple Builder of the Year awards, was
named one of the 2023 Fortune 100 Best
Companies to Work For®, and was designated as one of
the 2023 PEOPLE Companies That
Care®. The company was also named as a Great Place To
Work-Certified™ company for three years in a row (2021 through
2023), and was named on several Great Place To Work® Best
Workplaces lists in 2022 and 2023. For more information,
please visit TriPointeHomes.com.
About the Fortune Best
Workplaces for Women ListGreat Place To Work selected the
2023 Best Workplaces for Women List by analyzing the survey
responses of over 600,000 employees who work for Great Place To
Work Certified companies that also meet the criteria for this list.
To be eligible, a company must employ at least 50 women, have least
20% of non-executive managers who are women, and have at least one
executive who’s a woman. Company rankings are derived from 60
employee experience questions within the Great Place To Work Trust
Index™ Survey. Read the full methodology.
About the Fortune Best
Workplaces for Millennials ListGreat Place To Work
selected the Fortune Best Workplaces for Millennials List by
surveying companies employing 7.5 million people in the U.S. with
1.3 million confidential survey responses received. Of those,
nearly 500,000 responses were received from millennials at
companies eligible for the list and these rankings are based on
that feedback. Read the full methodology.
About the Fortune Best
Workplaces in Construction ListGreat Place To Work
selected the 2023 Fortune Best Workplaces in Construction by
gathering and analyzing confidential survey responses from over
36,000 employees from Great Place To Work Certified companies in
the construction industry. Company rankings are derived from 60
employee experience questions within the Great Place To Work Trust
Index™ Survey. Great Place To Work determines its lists using its
proprietary For All Methodology to evaluate and certify thousands
of organizations in America’s largest ongoing annual workforce
study, based on over 1.3 million survey responses and data from
companies representing more than 7.5 million employees, this year
alone. Read the full methodology.
About Great Place To WorkAs the global
authority on workplace culture, Great Place To Work brings 30 years
of groundbreaking research and data to help every place become a
great place to work for all. Its proprietary platform and For All™
Model helps companies evaluate the experience of every employee,
with exemplary workplaces becoming Great Place To Work Certified or
receiving recognition on a coveted Best Workplaces™ List. Follow
Great Place To Work on LinkedIn, Twitter, and Instagram or visit
greatplacetowork.com and sign up for the newsletter to learn
more.
About FortuneThe Fortune mission is to change
the world by making business better. We achieve that by providing
trusted information, telling great stories, and building
world-class communities. We measure performance by rigorous
benchmarks. And we hold companies accountable. Our goal is to make
Fortune a force for good through its second century and beyond. For
more information, visit www.fortune.com.
From Fortune. ©2023 Fortune Media IP Limited All
rights reserved. Fortune and Fortune 100 Best
Companies to Work For® are registered trademarks of Fortune Media
IP Limited and are used under
license. Fortune and Fortune Media IP Limited
are not affiliated with, and do not endorse products or services
of, Tri Pointe Homes®.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/e98eaff3-aaa4-4056-a781-3d78392087e9
CONTACT:
Katy Biggerstaff
kbiggerstaff@newgroundco.com / 562.761.6338
TRI Pointe Homes (NYSE:TPH)
Historical Stock Chart
From Apr 2024 to May 2024
TRI Pointe Homes (NYSE:TPH)
Historical Stock Chart
From May 2023 to May 2024