Best Companies to Work For
There is a new #1 business to work for in America. They moved from #20 last year, to #1 this year and are holding strong even with the economy being on the downturn over the last year. Below are the top 10 businesses of 2010.
1. SAS
2009 Rank: 20
2009 revenue ($ millions): 2,300
Why did they make the top 10 list?
One of the Best Companies for all 13 years, SAS boasts a laundry list of benefits — high-quality child care at $410 a month, 90% coverage of the health insurance premium, unlimited sick days, a medical center staffed by four physicians and 10 nurse practitioners (at no cost to employees), a free 66,000-square-foot fitness center and natatorium, a lending library, and a summer camp for children.
The architect of this culture — based on “trust between our employees and the company” — is Jim Goodnight, its co-founder, and the only CEO that SAS has had in its 34-year history.
Some might think that with all those perks, Goodnight was giving away the store. Not so. SAS is highly profitable and ranks as the world’s largest privately owned software company. Turnover is the industry’s lowest at 2%.
Corporate Address:
100 SAS Campus Dr.
Cary, NC 27513
2. Edward Jones
2009 Rank: 2
2008 revenue ($ millions): 3,859
Why did they make the top 10 list?
The investment adviser weathered the recession without closing one of its 12,615 offices or laying off a single employee (the British division was sold in October). Salaries were frozen, but profit sharing continued.
Corporate Address:
12555 Manchester Road
St. Louis, MO 63131
3. Google
2009 Rank: 4
2008 revenue ($ millions): 21,795
Why did they make the top 10 list?
The search engine king is hiring again: Google plans to add thousands of employees to its payroll in 2010. Though a few perks have been cut in recent years, Google engineers still get to devote 20% of their time to projects of their choosing.
More at CNNMoney.com:
Corporate Address:
1600 Amphitheatre Parkway
Mountain View, CA 94043
4. Wegmans Food Markets
2009 Rank: 5
2008 revenue ($ millions): 4,807
Why did they make the top 10 list?
Rated one of the best groceries in the nation, and a former No. 1 on our list (in 2005), Wegmans has never had a layoff in its 94-year history. More than 4,000 employees, 11% of the workforce, have been here more than 15 years.
Corporate Address:
1500 Brooks Ave
Rochester, NY 14603
5. Nugget Market
2009 Rank: 10
2008 revenue ($ millions): 287
Why did they make the top 10 list?
The tough economy prompted the supermarket chain to help associates by giving them cards good for 10% discounts on $500 of groceries every month. At one employee-appreciation event, the executive team surprised everyone by washing the cars of all associates.
Corporate Address:
168 Court St.
Woodland, CA 95695
6. DreamWorks Animation SKG
2009 Rank: 47
2008 revenue ($ millions): 650
Why did they make the top 10 list?
Animators love the culture of collaboration and openness. Studio has upped releases from two a year to five every two years. Coming in 2010: How to Train Your Dragon, Shrek Forever After, and Megamind.
Corporate Address:
1000 Flower Street
Glendale, CA 91201
7. NetApp
2009 Rank: 1
2008 revenue ($ millions): 3,535
Why did they make the top 10 list?
Execs increased efforts to take care of employees during a tough year, including an employee stock-option exchange and updates to incentive compensation.
Following a restructuring that led to a 5% reduction in the global workforce, severance terms were generous and top execs visited 26 offices in 13 countries to brief employees on the changes.
Corporate Address:
495 East Java Drive
Sunnyvale, CA 94089
8. Boston Consulting Group
2009 Rank: 3
2008 revenue ($ millions): 2,400
Why did they make the top 10 list?
This management consultant is tops in pay and benefits; new consultants are able to earn up to $184,000 (counting salary and all bonuses).
Corporate Address:
53 State Street
Boston, MA 02109
9. Camden Property Trust
2009 Rank: 41
2008 revenue ($ millions): 624
Why did they make the top 10 list?
After stock of apartment developer tanked from a high of $80 in 2006 to a low of $17 in 2009, founders Ric Campo and Keith Oden rallied workers across 13 states with messages such as “Turn off CNBC — the moderators know less than you do about the way forward.” By year’s end the stock had rebounded to $42.
Corporate Address:
3 Greenway Plaza
Ste 1300
Houston, TX 77046
10. Qualcomm
2009 Rank: 16
2008 revenue ($ millions): 11,142
Why did they make the top 10 list?
Wireless pioneer works hard to provide an environment where “good people can do their best work.” Some elements: stock options on hire, baseball games, surfing lessons, kayaking tours, white-water rafting, bonfires, bowling, and volunteering opportunities.
Corporate Address:
5775 Morehouse Dr.
San Diego, CA 92121