Employees at Best Companies are also more likely to highly recommend their company to a friend, feel more informed about the business, be inspired to do their best work and report a strong desire to stay with the company.
According to Hewitt, “Best Companies” have an average of 4,121 full-time employees, with more than half (57%) of the companies publicly traded, and with 46% of the employees owning company stock.
Two-thirds of the Best Companies currently have a diversity program designed to increase employee awareness of, or appreciation for, diversity
Traits in Common
Other common traits of “Best Companies” include:
- Over half (54%) share business goals and objectives daily, weekly or monthly.
- Over three-fourths (77%) offer health/wellness benefits, and 67% offer stress reduction programs
- Casual dress is offered every day at 89% of these firms
- 60% partially subsidize meals or cafeteria expenses
- 60% offer flextime
Hewitt notes that Best Companies get, on average, 77.6% more applications for employment than other companies, and have lower turnover (7%) than other companies (11.5%).
In addition, employees at Best Companies tend to feel more positively about their employers, with 74% rating their company an “8”