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5 Named to 2020 List of Best Companies to Work for in Texas

November 12, 2019

BCTW4inTX 2020 LinkedInIrving, TX - November 12, 2019

For the fifth consecutive year, energy advisory firm 5 was named as one of the Best Companies to Work for in Texas. The award was created in 2006 and is a project of Texas Monthly, the Texas Association of Business (TAB), Texas SHRM and Best Companies Group.

This award was designed to identify, recognize and honor the best places of employment in Texas, benefiting the state's economy, workforce and businesses. The 2020 Best Companies to Work for in Texas list is made up of 100 privately and publicly held businesses, non-profit organizations and government entities that have at least 15 employees working in Texas.

“We are very intentional about every part of our culture and the results speak for themselves,” said Chief Culture Officer Jeff Schiefelbein. “Our team is highly aligned and loosely controlled, leading to a workplace where employees are excited to come to work each day as we strive to achieve a common vision and ultimately improve the lives of every stakeholder from employees and clients to suppliers and vendors as well.”

Companies from across the state entered the two-part survey process to determine the Best Companies to Work for in Texas. The first part consisted of evaluating each nominated company's workplace policies, systems, philosophies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final rankings. Best Companies Group managed the overall registration and survey process in Texas and also analyzed the data and used their expertise to determine the final rankings.

The list of the 100 Best Companies to Work for in Texas and how they rank will be revealed at the Texas Association of Business (TAB) Best Companies to Work for in Texas Awards Virtual Gala on June 18, 2020. For more information visit www.txbiz.org and click “ Events”. The winners will also be profiled by Texas Monthly in a special publication that will be released in conjunction with the event.

This announcement extends 5’s track record of regional and national recognition for its continued growth and employee-centric culture:

• Inc. 5000 Fastest Growing Company List – 2016, 2017, 2018, 2019
• Entrepreneur 360, Most Entrepreneurial Companies in America – 2017, 2018, 2019
• Aggie 100, Fastest Growing Aggie-Owned Companies – 2017, 2018, 2019
• Best Workplaces in America, Inc. – 2017, 2018, 2019
• Best Small Workplaces in America, Fortune – 2016, 2017
• Best Workplaces in Texas, Fortune – 2018, 2019

Topics: Culture Press

Written by 5

Founded in 2011, 5 comprises a team of energy innovators, commodity traders, analysts, engineers, and former energy supplier executives. Together, they serve a broad array of private and public sector clients throughout the United States and Mexico, providing strategic advice on energy-related matters including procurement, demand-side management, rate optimization, regulatory intervention, benchmarking, bill auditing, RFP management, sustainability planning services, renewable power, and distributed generation. With an eye on growth, 5 has initiated a number of strategic partnerships and acquisitions, including the 2019 acquisition of Luthin Associates. 5 has been named to the Inc. 5000 list of fastest-growing companies in the U.S. for five consecutive years. The firm has also received numerous accolades and national awards for its corporate culture, leadership and innovation, including 5 consecutive years as a top 10 Best Company to Work for in Texas according to Texas Monthly Magazine.