What Top Companies Get Right

Updated on July 10, 2014

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The Secret Behind the Best Companies

  • Happy Employees

  • According to a study by the Jackson Organization:

  • "Companies that effectively appreciate employee value enjoy a return on equity and assets more than triple that experienced by firms that don't."

  • The numbers gathered by Fortune's list between 1998-2005 show that these best companies to work for had stock prices that rose an average of 14% per year, compared to the 6% rise in the overall market

  • Every year, Fortune releases a list of "100 Best Companies to Work For." These "best" companies are not only ranked highly by their employee experiences, but have the growth stats to match.

Google

  • Industry: Media

  • Number of U.S. Employees: 42,162

  • HQ Location: Mountain View, CA

  • Year Founded: 1998

  • FT Job Growth in the Past Year: 20.10%

  • Free on-site fitness centers and subsidized gym memberships

  • Free on-site medical facility

  • Free on-site laundry and dry cleaning services

  • Free legal advice and discounts for legal services

  • Concierge servicesA concierge can help you do anything from run an errand to plan a party

  • Cafeterias and snack rooms, free to employees and almost never more than 150 feet away

  • Tuition reimbursement for applicable courses

  • Paid paternity and maternity leave

SAS

  • Industry: Software, Information Technology

  • Number of U.S. Employees: 6,588

  • HQ Location: Cary, NC

  • Year Founded: 1976

  • FT Job Growth in the Past Year: 3.60%

  • On-site childcare

  • On-site fitness center and subsidized gym membership

  • Many employees are able to set their own schedule

  • Free on-site health clinic

  • Subsidized cafeterias and snacks

  • Dry cleaning services

  • Car detailing services

  • On-site workday sports leagues

  • On-site short-term therapy

  • Off-campus family nights

  • Adoption assistance and paid adoption leave

  • Domestic partner benefits

  • Paid paternity and maternity leave

Average tenure at SAS is 10 years

Annual turnover was 2% in 2009

The software industry has an average of 22%

CEO Jim Goodnight: "My chief assets drive out the gate every day. My job is to make sure they come back."

The Boston Consulting Group

  • Industry: Professional services, consulting, management

  • Number of U.S. Employees: 2,552

  • HQ Location: Boston, MA

  • Year Founded: 1963

  • FT Job Growth in the Past Year: 10.70%

  • Paid sabbaticals

  • Pays for 100% of healthcare costs

  • Offers job sharing

  • Offers compressed work weeks

  • Offers telecommuting option

  • Tuition reimbursement

  • Reimbursement for up to 2 classes a semester

  • Grad school reimbursement, including taking time off and paid living expenses

  • Domestic partner benefits

  • New hires can delay their start by 6 months and accept a $10,000 stipend to volunteer at a nonprofit

  • Employees who work in the office late receive a free dinner and cab ride home

  • Employees can spend a year of their careers working on social impact projects

  • To guard against burnout, the company flags too many long hours spent on a project

  • In 2013, BCG invested $14 million in work-life balance programs for employees

83% of current employees say that they want to stay with the company for a long time

Lucy Brady, a partner and managing director at the Chicago office: "There's just a true sense of partnership that permeates the whole place. It's about the team, and 'We succeed together.' It just feels like a very supportive place to work."

How You Treat Your Employees Influences Their Work:

  • 89% of employees with high levels of well-being reported high job satisfaction

  • Almost two-thirds of those reported consistently putting in extra effort at work

  • 90% of all employees are willing to consider changing jobs

  • Unsatisfied employees are 11 times more likely than happy employees to move to a new organization in the next year

Happy employees are more productive employees

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