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Fortune's Best 100 companies 2003
American business magazine Fortune has published its latest annual survey identifying the 100 companies that are "great places to work" in the USA. Top again this year was stockbroker Edward Jones.
Perks proving recession resistant
You might have imagined that few of the lavish perks that we have become accustomed to hearing about would survive when the hard times hit. Surely the yoga classes, family rooms and volleyball courts are all just a luxury that are likely to be swept away in a period of economic adversity. But the co-authors of the research, Robert Levering and Milton Moskowitz, found little evidence to support this view.
Pfizer, ranked 21st in the listing, rather than cut benefits, actually expanded them, while despite the Wall Street woes, Goldman Sachs said it has maintained all its benefits this year.
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Title: "The 100 best companies to work for", by Robert Levering and Milton Moskowitz, Fortune, 20 January 2003.
Methodology: A third of the scoring is based on a lengthy questionnaire filled out by participant companies and corporate documentation. But two-thirds of the scoring is based on a 57-question employee attitude survey - the Great Place to Work Trust Index. This year, 40,713 employees completed the questionnaire.
Survey sample: 269 companies competed for a slot this year - more than 1,000 firms were considered.
Availability:For more details jump to Fortune’ s web site www.fortune.com
Posted 1 April 2003