Shire named the One of the Best Places to Work by the Boston Business Journal

June 14, 2011

Lexington, MA ---The Boston Business Journal has named Shire one of the Best Places to Work in Massachusetts in its ninth annual regional awards program. The honor recognizes Shire’s achievements in creating a positive work environment that attracts and retains employees through a combination of employee satisfaction, working conditions and company culture.

Shire was one of over 320 companies to qualify for consideration based on a two-stage nomination process and the results of employee-satisfaction surveys taken throughout April.

“Shire recognizes that employee satisfaction is crucial to the firm’s success and we strive to maintain a challenging and positive work environment,” said Bill Ciambrone, SVP, Technical Operations, Shire HGT. “This honor is especially rewarding given that it's based on direct feedback from our own people. Our employees take great pride both in Shire’s extraordinary growth and the positive contributions the Company makes in improving the lives of the patients we serve.”

“Our Best Places to Work event recognizes the importance of cultivating a great workplace culture as a competitive advantage," said Chris McIntosh, publisher of the Boston Business Journal. "Companies on our list can be justifiably proud of creating a high level of workplace satisfaction during an economy where traditional rewards like big raises and bonuses aren't as easy to give. In good times and in bad, our results validate how the creation of the right corporate culture can create powerful business advantages. Employees are proud to work for companies that are about more than just business.”

In February 2008, Shire HGT announced that it would remain in Massachusetts and relocate its headquarters to Lexington. Originally, Shire committed to invest $394 million in its Lexington headquarters, retain their existing Massachusetts based positions, and create an estimated 680 additional full-time jobs over an eight-year period.  Shire now estimates that it will greatly exceed that original estimate, and invest over $500 million in its Lexington campus and hire more than 750 full-time employees. The company has already hired 500 employees since 2008. The Company currently employs 1,250 people in Massachusetts.

The BBJ Best Places survey project was launched in January by the Boston Business Journal in conjunction with market research firm Quantum Workplace of Omaha, NE. Companies were evaluated on the results of more than 18,000 employee-satisfaction surveys. Employees answered questionnaires that addressed such factors as their pride in the company, company encouragement, support and recognition of achievement and relationships with co-workers and supervisors. The results were analyzed and scored by assigning points to each question.

The top 25 companies in three size categories — small (20-100 employees), midsize (101-500 employees) and large (more than 500 employees) — were awarded during a lively breakfast on June 9th at the BCEC and will be profiled in a special supplement of the Boston Business Journal published on June 10, 2011.

SHIRE PLC

Shire’s strategic goal is to become the leading specialty biopharmaceutical company that focuses on meeting the needs of the specialist physician. Shire focuses its business on attention deficit hyperactivity disorder (ADHD), human genetic therapies (HGT) and gastrointestinal (GI) diseases as well as opportunities in other therapeutic areas to the extent they arise through acquisitions. Shire’s in-licensing, merger and acquisition efforts are focused on products in specialist markets with strong intellectual property protection and global rights. Shire believes that a carefully selected and balanced portfolio of products with strategicallyaligned and relatively small-scale sales forces will deliver strong results.

For further information on Shire, please visit the Company’s website: www.shire.com.

BOSTON BUSINESS JOURNAL
The Boston Business Journal is Greater Boston’s leading source of business news, information and events, reaching readers through the weekly print publication, the website bostonbusinessjournal.com and e-mail products. The BBJ also prints the annual Book of Lists — the region’s top resource for business decision-makers seeking information about potential clients, suppliers and partners.
 
The Boston Business Journal is published by American City Business Journals, the nation’s largest publisher of metropolitan business news.

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