News
September 3, 2026

Shawmut Named No. 9 Among FORTUNE’s Best Medium Workplaces in the U.S.

Construction Owners Editorial Team

Shawmut Design and Construction has been ranked No. 9 among FORTUNE’s Best Medium Workplaces in the United States, extending the contractor’s run of workplace recognition to 11 consecutive years. The ranking highlights the growing importance of employee retention, workforce culture and employee ownership for construction companies competing for skilled talent.

Shawmut Extends Workplace Recognition

Shawmut was included among 100 businesses across multiple industries in FORTUNE’s Best Medium Workplaces ranking. The company said the recognition reflects its efforts to create a workplace where employees can contribute, develop professionally and participate in the company’s long-term success.

The contractor is 100% employee-owned, with approximately 1,500 employee-owners. Its workplace approach centers on four stated values: excellence, safety, ownership and people.

For construction companies, employee ownership can provide an additional mechanism for connecting workforce performance with broader company results. It also places greater emphasis on employee engagement and retention at a time when contractors continue to compete for experienced field personnel, project managers and other skilled professionals.

Workforce Culture Becomes a Construction Priority

Shawmut has received more than 100 workplace awards across its 13 offices, with previous recognition in markets including Boston, New York, Miami and Los Angeles.

The company's emphasis on safety and professional development also reflects broader workforce priorities across the construction industry. Contractors are increasingly focused on retaining experienced employees while developing the next generation of project and field leaders. A strong workplace culture can support those efforts by improving employee engagement and creating clearer pathways for career development.

The recognition also comes as contractors balance labor availability with expanding project opportunities in sectors including commercial, residential, hospitality and institutional construction. Companies that can retain experienced personnel may have an advantage in maintaining project continuity, managing schedules and controlling execution risks.

Implications for Construction Employers

For construction owners and contractors, Shawmut's recognition illustrates how workforce strategy has become closely connected to operational performance. Compensation remains important, but companies are also competing through safety programs, career development, leadership opportunities, workplace inclusion and ownership structures.

Employee retention can reduce turnover-related disruption and help contractors preserve institutional knowledge across projects. At the same time, investing in employee development can strengthen the pipeline for supervisors, project managers and other positions that are critical to delivering increasingly complex construction programs.

Shawmut's latest ranking therefore provides a workforce-focused benchmark for construction companies evaluating how their employment practices affect recruiting, retention and long-term operational capacity.

Source: Shamut.

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