From the Editor: What Makes a Workplace Great?
This is one of the most exciting issues we publish. It features our annual list of “Best Magazine Publishing Companies to Work For” (page 22). The list recognizes companies that go above and beyond to make their employees feel appreciated and valued, and to help them balance their work and personal lives. The profiles on pages 28–36 highlight the benefits and policies that help make these companies great places to work. It’s also interesting to look at these companies as a group to find the commonalities among great places to work:
- Average number of years the highest-ranking official has been in office: 13.6
- 80% offer performance bonuses or incentive programs to all employees
- 70% offer telecommuting options
- 40% offer the option to work compressed work weeks
- 70% provide an Employee Assistance Program, offering free counseling on issues from stress management to family/parenting issues to smoking cessation
- 60% have on-site facilities that promote exercise/fitness
- 90% provide a cafeteria or meal subsidies, free daily snacks or beverages
- 30% provide adoption assistance, usually in the form of reimbursement for adoption-related expenses, up to $2,500-$5,000
- 50% provide domestic partner benefits
- 60% offer tuition reimbursement (a few pay 100%)
But it isn’t all about benefits. Several companies don’t offer the range of benefits that some of the others do; yet, on the employee survey, they ranked highly. Why? Employees value respect and empowerment. The companies that made the list involve employees in decisions. They rely on employee feedback to build the company and its environment.
These companies also have unique cultures—whether conveyed through a formal set of values/guidelines, or informal, intangible philosophies—where people thrive.
A great example of this is McMurry (No. 4 on the list), whose eight values govern all employees. Among them: Help one another, deliver raving service, and produce quality always. These eight values are prevalent throughout the company, from the big “8” in the lobby to the names of recognition programs (Appreci8ion and Celebr8ion Week, Valuedictorian).