Talent management ideas from the top 100 companies of 2008
Fortune magazine has an article in their February 4 issue titled, The 100 Best Companies To Work For. Our teaching is designed to provide you with a foundation for talent management. One of the benefits of being systematic in talent management is that leaders can incorporate good ideas into our system.
Here are some ideas to more fully engage your people based on this article:
#5 Genentech: You get doggie day care, and onsite farmers market, and 100% matching up to 5% of your pay into your 401(k).
#6 Cisco Systems: CEO John Chambers won praise for his leadership and new blog, On My Mind, which solicits employee ideas.
#12 Nugget Markets: Last year they took the entire company whitewater rafting = throw a year and bash.
#13 Umpqua Bank: Pay employees to give 40 hours of volunteer time annually.
#17 David Weekley Homes: Because the home building industry slowed they canceled their annual reward trip and tripled severance pay for laid-off employees.
#22 American Century Investments: New hires get a copy of the founders book, and many teams put up deskside banners or buying new recruits for lunch.
#32 Rackspace Managed Hosting: Every other month they hold a Open Book meeting were all financial issues are shared.
#35 TDIndustries: One way they demonstrate their “Servant Leadership” philosophy is to not pay anyone more than 10 times anyone else’s compensation.
#37 Johnson Financial Group: Six weeks paid paternity leave, graduate tuition reimbursement up to $10,000 a year, and child care reimbursement when you travel.
#45 Children’s Healthcare of Atlanta: Employee referrals account for 46% of new hires.
#51 Paychex: Average amount of training per employee is 107 hours.
#57 Ernst & Young: In just three months during 2007 E&Y built the fastest growing recruitment group on Facebook and now has more than 12,200 members.
#60 Alcon Laboratories: They match employee retirement contributions 2.2 to 1.
#64 EOG Resources: They match charity contributions up to $60,000 per employee per year.
#66 Nixon Peabody: It targets 3% of billable hours annually for pro bono work.
#68 eBay: Maybe this is too much - golf lessons, bike repair and on-site dentist, prayer and meditation rooms, plus a four week paid sabbatical after only five years.
#83 AstraZeneca: If you like eBay then you’ll like this company’s on-site haircuts, video rentals, massages, tennis and basketball courts, plus a Bright Horizons childcare center.
#86 Microsoft: In just 3% of their budget in employee training.
