Principal Announces 10 Best for Employee Financial
Security 2009
August 18, 2009 (PLANSPONSOR.com) - Times are tough,
but for some growing companies, weathering the current
financial environment means making changes but not
cuts.
Ten of those firms are being acknowledged today as the
Principal 10 Best Companies for Employee Financial Security
- 2009.
The firms were selected by an independent panel of experts
for "maintaining extraordinary benefits programs and
showing a remarkable commitment to employees and their
financial well-being," according to a press release.
In fact, winning companies didn't just maintain employee
benefits, in many cases, they increased them, according to
the announcement.
Turnover Rates
The winning companies have turnover rates that are well
below others in their industry, and significantly lower
than the national average. The Principal 10 Best Companies'
average annual voluntary turnover rate is 8.9%, compared to
the national average of 22.6%.
The 2009 Winners are
-
ASCD
, Alexandria, Virginia
-
Credit Union West
, Glendale, Arizona
-
Kennebec Savings Bank
, Augusta, Maine
-
Knoxville TVA Employee Credit Union, Knoxville,
Tennessee
-
PriMed Management Consulting Services,
Inc.
, San Ramon, California
-
Psychological Assessment Resources,
Inc.
(PAR, Inc.), Lutz, Florida
-
Shenandoah Shared Hospital Services,
Inc
., Harrisonburg, Virginia
-
Synaptics, Inc.
, Santa Clara, California
-
The Cleveland Foundation
, Cleveland, Ohio
-
The Summit Federal Credit Union
, Rochester, New York
Profiles of the winners are available at
http://www.principal.com/10best
.