SAS Institute is the worlds's largest multinational company, which develops analytics software ("SAS" means Statistical Analysis System) for various uses, including analysis, data management, business intelligence, and crime investigation. One of the main reasons why people are so interested in working at a company such as SAS is the workplace environment.
SAS has been ranked the "World's Best Workplace" several times; the company takes pride in the fact that they provide a healthy and creative work environment, in which the employees feel independent and safe. The company, essentially, invests in the happiness of its employees, which in turn motivates the employees to be more productive, efficient and innovative, as well as loyal and committed. Everyone is treated equally and with respect, regardless of race, ethnicity, and gender, and the employees' individuality is highly valued, which is why SAS is also considered one of the most diverse and most inclusive workplaces in the world.
Another reason why people might be motivated to join SAS or to stay working at SAS is the company's culture and benefits. Aside from providing great learning and work opportunities for its employees, SAS also provides numerous benefits. People who work at the company can focus on their professional development, while maintaining a healthy lifestyle; for instance, there are several cafes located in the SAS campus, as well a gym, a beauty salon, a daycare center, a medical center, and even a summer camp. The company also offers a profit sharing and 401(k) retirement plan.
Because of its specific business structure, "going public" might not be a wise executive decision for SAS, as it will change the company's dynamic. SAS is an extremely successful company which generates a good level of profitability and continues to grow. Thus, "going public" might compromise the company's mission, as well as the company's values. Finally, the new investors might not always agree with the CEO's business decisions, which have been proven to be beneficial to both the company and the employees.