Top Employers and Their Unique Characteristics
It’s true that many corporations offer monetary rewards and innovative privileges like cappuccino bars, yoga classes etc. to attract top employees into their organization. However, these things are surely not enough for keeping talented professionals engaged with the company. The top employers do all this and much more to regularly feature in the top employers list. Read through the section below to know the best practices of these companies that make them the top employers.
For a company to become a good employer it must have policies designed for the benefits of its employees and Google lives by such policies. The most prominent one among them is the policy that automatically makes every Googler a stockholder of the company.
The year 2013 saw Google’s stock climbing past $1,000, which is great news for its employees. Being stockholders of Google each of them reaped the benefits of this upsurge.
SAS or SAS Institute is an analytic software development firm situated in Cary, North Carolina.
The company’s employee healthcare policy is truly incredible. SAS employees can use services provided at the company’s onsite health center. That’s not all; the health center is also open to the family members of every SAS employee.
Why SAS’s health care unit is considered the best? It’s because it is represented by a team of 53 top professionals, which includes 11 nurses, 11 NPs (nurse practitioners), 3 family physicians, a psychologist, 3 registered dieticians, 3 physical therapists and 5 lab technicians.
The Boston Consulting Group
The Boston Consulting Group (BCG) is a global management consulting firm that completed 50 years in business in June, 2013. At present, there are 81 offices of BCG in 45 different countries.
It is an employee-owned company that serves clients in the not-for-profit, public and private sectors. The company is famous for giving its employees what they deserve from the very beginning. In 2012, new graduate and undergraduate BCG hires were paid up to $195,000 and $100,000 respectively as their total yearly compensation.
Edward Jones is a financial firm headquartered in Des Peres, a city located in St Louis County, Missouri. Job security is an extremely essential component of any employment. Edward Jones makes most lists of best employers primarily due to the dynamism with which it handled recession without closing a single office or discharging any employee. It managed this in spite of having around 11,000 offices in different parts of the country.
Edward Jones had to freeze salaries for a few months, but never stopped profit sharing.
Genentech is a biotechnology corporation headquartered at South San Francisco, California, USA. The year 2013 saw the company earn revenue of $14,778 million. Currently, the company has more than 12,000 employees and it has been on Fortune Magazine’s list of “100 Best Companies to Work For” since 1999.
Genentech is known for offering a leave of absence for different circumstances, medical conditions, maternity leave and family care for instance.
When hunting for jobs an individual should always aim at finding an employer that offers them job security, good pay, professional growth, a professional working atmosphere and timely rewards and benefits. These are the 5 basic criteria that corporations need to meet to become top employers.