Top 10 employers for millennials
November 16, 2018 1:11 PM
Top 10 employers for millennials
For these leading employers, the millennials in the organization say they are highly likely to stay long-term, and show high levels of engagement compared with other demographic colleagues. “In other words, these employers have cracked the code on how to retain millennials,” says Michael Bush, CEO of Great Place to Work For All, a workplace culture analysis firm.
According to Great Place to Work, a consultancy specializing in workplace culture, helping organizations to create exceptional, high performing workplaces where employees feel trusted and valued, there are five essentials to keeping your millennial talent:
· Create authentic and meaningful professional opportunities such as industry leadership, philanthropy, teamwork, or other company purpose where they can make an impact.
· Focus on your millennial leaders — Ensure they’re getting the professional development, feedback, and mentoring they need.
· Lead with sincerity — Leadership should “practice what they preach.”
· Strengthen your employer brand — Promote your workplace with the same zeal as your products and/or services.
· Offer a great workplace for all — Treat all employees equally, no matter their background or role in the organization.
The following 10 companies have found that secret sauce and are leading the way as the best place to work for millennials.
According to Great Place to Work, a consultancy specializing in workplace culture, helping organizations to create exceptional, high performing workplaces where employees feel trusted and valued, there are five essentials to keeping your millennial talent:
· Create authentic and meaningful professional opportunities such as industry leadership, philanthropy, teamwork, or other company purpose where they can make an impact.
· Focus on your millennial leaders — Ensure they’re getting the professional development, feedback, and mentoring they need.
· Lead with sincerity — Leadership should “practice what they preach.”
· Strengthen your employer brand — Promote your workplace with the same zeal as your products and/or services.
· Offer a great workplace for all — Treat all employees equally, no matter their background or role in the organization.
The following 10 companies have found that secret sauce and are leading the way as the best place to work for millennials.
10. Progressive insurance
Headquarters: Mayfield Village, Ohio
Employee ratings of the company:
Great challenges: 94%
Great atmosphere: 96%
Great rewards: 95%
Great pride: 96%
Great communication: 94%
Great bosses: 94%
What workers like:
Some of the perks Progressive offers include their HealthyU wellness program. It provides education and incentive programs to employees across the company that promotes a healthy lifestyle. Incentives include weight loss rebates, fitness center rebates and educational tools. Educational tools range from in person seminars that can also be live streamed in its locations across the country and web based courses.
Employee ratings of the company:
Great challenges: 94%
Great atmosphere: 96%
Great rewards: 95%
Great pride: 96%
Great communication: 94%
Great bosses: 94%
What workers like:
Some of the perks Progressive offers include their HealthyU wellness program. It provides education and incentive programs to employees across the company that promotes a healthy lifestyle. Incentives include weight loss rebates, fitness center rebates and educational tools. Educational tools range from in person seminars that can also be live streamed in its locations across the country and web based courses.
9. Kimpton Hotels and Restaurants
Headquarters: San Francisco
Employee ratings of the company:
Great challenges: 96%
Great atmosphere: 98%
Great rewards: 94%
Great pride: 98%
Great communication: 97%
Great bosses: 96%
What workers like:
One of the benefits employees at Kimpton engage in is the company’s sabbatical program. Kimpton’s general managers, executive chefs, home office and regional employees of director status or higher receive one month of paid sabbatical leave for every seven years of service. The catch: They must unplug from their jobs, eliminating e-mail and phone calls during their sabbatical.
Employee ratings of the company:
Great challenges: 96%
Great atmosphere: 98%
Great rewards: 94%
Great pride: 98%
Great communication: 97%
Great bosses: 96%
What workers like:
One of the benefits employees at Kimpton engage in is the company’s sabbatical program. Kimpton’s general managers, executive chefs, home office and regional employees of director status or higher receive one month of paid sabbatical leave for every seven years of service. The catch: They must unplug from their jobs, eliminating e-mail and phone calls during their sabbatical.
8. Hyatt Hotels
Headquarters: Chicago
Employee ratings of the company:
Great challenges: 94%
Great atmosphere: 96%
Great rewards: 94%
Great pride: 97%
Great communication: 96%
Great bosses: 95%
What workers like:
At Hyatt, the employer provides workers healthy breakfast, lunch and dinner options to accommodate all shifts. These meals are offered for little or no cost. Its corporate culinary team created healthy menus for colleague dining rooms using the same principles applied to its hotel restaurant menus, which focus on healthy people, a healthy planet and healthy communities.
Employee ratings of the company:
Great challenges: 94%
Great atmosphere: 96%
Great rewards: 94%
Great pride: 97%
Great communication: 96%
Great bosses: 95%
What workers like:
At Hyatt, the employer provides workers healthy breakfast, lunch and dinner options to accommodate all shifts. These meals are offered for little or no cost. Its corporate culinary team created healthy menus for colleague dining rooms using the same principles applied to its hotel restaurant menus, which focus on healthy people, a healthy planet and healthy communities.
7. Veterans United Home Loans
Headquarters: Columbia, Mo.
Employee ratings of the company:
Great challenges: 98%
Great atmosphere: 98%
Great rewards: 98%
Great pride: 98%
Great communication: 97%
Great bosses: 98%
What workers like:
One attraction for younger workers is the opportunity to get involved outside the workplace. At Veterans United, employees who are passionate about a certain organization are encouraged to promote their cause at work. Whether that is through inviting co-workers to attend an event, raising funds for a race or organizing a team of employees to volunteer, the company supports their efforts in any way possible.
One example is the employee bike team called The Loan Riders. The team trains and rides in the BikeMS event, a fundraiser for Multiple Sclerosis. Employees on the team coordinate fundraising events and recruit members through Veterans United communication tools. One of the annual fundraisers is a BBQ lunch catered in each of the offices.
Employee ratings of the company:
Great challenges: 98%
Great atmosphere: 98%
Great rewards: 98%
Great pride: 98%
Great communication: 97%
Great bosses: 98%
What workers like:
One attraction for younger workers is the opportunity to get involved outside the workplace. At Veterans United, employees who are passionate about a certain organization are encouraged to promote their cause at work. Whether that is through inviting co-workers to attend an event, raising funds for a race or organizing a team of employees to volunteer, the company supports their efforts in any way possible.
One example is the employee bike team called The Loan Riders. The team trains and rides in the BikeMS event, a fundraiser for Multiple Sclerosis. Employees on the team coordinate fundraising events and recruit members through Veterans United communication tools. One of the annual fundraisers is a BBQ lunch catered in each of the offices.
6. Power Home Remodeling
Headquarters: Chester, Pa.
Employee ratings of the company:
Great challenges: 99%
Great atmosphere: 98%
Great rewards: 97%
Great pride: 99%
Great communication: 98%
Great bosses: 98%
What workers like:
Power’s plans an annual trip to Mexico and is an example of how the company encourages fun and camaraderie among employees. In addition to three days of rest and relaxation, the trip includes a variety of opportunities for all Power employees to meet and mingle with senior management as well as colleagues based in different locations. Power hosts several events throughout the trip, such as the Power Olympics — a series of beachside competitions that pit offices against one another, the end-of-trip program produced by senior management that recognizes company and employee achievements, as well as surprise celebrity performances.
Employee ratings of the company:
Great challenges: 99%
Great atmosphere: 98%
Great rewards: 97%
Great pride: 99%
Great communication: 98%
Great bosses: 98%
What workers like:
Power’s plans an annual trip to Mexico and is an example of how the company encourages fun and camaraderie among employees. In addition to three days of rest and relaxation, the trip includes a variety of opportunities for all Power employees to meet and mingle with senior management as well as colleagues based in different locations. Power hosts several events throughout the trip, such as the Power Olympics — a series of beachside competitions that pit offices against one another, the end-of-trip program produced by senior management that recognizes company and employee achievements, as well as surprise celebrity performances.
5. Kimley-Horn
Headquarters: Raleigh, N.C.
Employee ratings of the company:
Great challenges: 98%
Great atmosphere: 99%
Great rewards: 98%
Great pride: 99%
Great communication: 98%
Great bosses: 98%
What workers like:
Kimley-Horn provides a women’s development initiative called The Lift — which includes career development and mentorship opportunities — and is aimed at ensuring the company’s women have the support needed to succeed and develop their careers.
Employee ratings of the company:
Great challenges: 98%
Great atmosphere: 99%
Great rewards: 98%
Great pride: 99%
Great communication: 98%
Great bosses: 98%
What workers like:
Kimley-Horn provides a women’s development initiative called The Lift — which includes career development and mentorship opportunities — and is aimed at ensuring the company’s women have the support needed to succeed and develop their careers.
4. Workday
Headquarters: Pleasanton, Calif.
Employee ratings of the company:
Great challenges: 96%
Great atmosphere: 99%
Great rewards: 97%
Great pride: 98%
Great communication: 96%
Great bosses: 97%
What workers like:
Creating a culture of inclusion at Workday is important, and clubs are a great way to get to know fellow employees who share the same interests. Like cheese? There is a club for that. Video games? Yeah, those clubs exist, too. There’s a club for everyone, and if there isn’t, Workday employees are encouraged to start their own. There are more than 80 funded clubs and counting.
Employee ratings of the company:
Great challenges: 96%
Great atmosphere: 99%
Great rewards: 97%
Great pride: 98%
Great communication: 96%
Great bosses: 97%
What workers like:
Creating a culture of inclusion at Workday is important, and clubs are a great way to get to know fellow employees who share the same interests. Like cheese? There is a club for that. Video games? Yeah, those clubs exist, too. There’s a club for everyone, and if there isn’t, Workday employees are encouraged to start their own. There are more than 80 funded clubs and counting.
3. Edwards Jones
Headquarters: St. Louis, Mo.
Employee ratings of the company:
Great challenges: 96%
Great atmosphere: 97%
Great rewards: 96%
Great pride: 97%
Great communication: 97%
Great bosses: 96%
What workers like:
Edward Jones is a partnership, owned by the men and women who work here. That structure is not just financial, it’s a philosophy. Associates work together, help each other and all share in the financial rewards — bringing out the best, they say, in everyone at the company.
Employee ratings of the company:
Great challenges: 96%
Great atmosphere: 97%
Great rewards: 96%
Great pride: 97%
Great communication: 97%
Great bosses: 96%
What workers like:
Edward Jones is a partnership, owned by the men and women who work here. That structure is not just financial, it’s a philosophy. Associates work together, help each other and all share in the financial rewards — bringing out the best, they say, in everyone at the company.
2. SalesForce
Headquarters: San Francisco
Employee ratings of the company:
Great challenges: 96%
Great atmosphere: 97%
Great rewards: 97%
Great pride: 98%
Great communication: 95%
Great bosses: 96%
What workers like:
Salesforce is committed to ensuring there is a consistent experience across the global workspaces that encompasses the company’s culture and inspires its employees to live its values while doing their best work.
In the Hawaiian culture, Ohana means “family.” The company’s “Ohana Design” standard features residential-like furnishings and principles that promote our culture, including open flow on each floor, offices only when necessary so employees get natural light and views, inspiration from nature and natural materials for Zen-like atmospheres and innovative new mindfulness areas for recharging. Social lounges with snack and beverages and living rooms with soft seating encourage collaboration and fun.
Employee ratings of the company:
Great challenges: 96%
Great atmosphere: 97%
Great rewards: 97%
Great pride: 98%
Great communication: 95%
Great bosses: 96%
What workers like:
Salesforce is committed to ensuring there is a consistent experience across the global workspaces that encompasses the company’s culture and inspires its employees to live its values while doing their best work.
In the Hawaiian culture, Ohana means “family.” The company’s “Ohana Design” standard features residential-like furnishings and principles that promote our culture, including open flow on each floor, offices only when necessary so employees get natural light and views, inspiration from nature and natural materials for Zen-like atmospheres and innovative new mindfulness areas for recharging. Social lounges with snack and beverages and living rooms with soft seating encourage collaboration and fun.
1. Ultimate Software
Headquarters: Weston, Fla.
Employee ratings of the company:
Great challenges: 97%
Great atmosphere: 99%
Great rewards: 98%
Great pride: 99%
Great communication: 98%
Great bosses: 98%
What workers like:
All departments have reward trips that serve as a thank you for achievement of goals. Ultimate pays all of the major expenses and frequently includes UltiPeeps’ family members or significant others. Typical trip destinations are Disney World or Universal in Orlando, Atlantis Resort in the Bahamas, and a Ritz or St. Regis hotel in a variety of locations.
Employee ratings of the company:
Great challenges: 97%
Great atmosphere: 99%
Great rewards: 98%
Great pride: 99%
Great communication: 98%
Great bosses: 98%
What workers like:
All departments have reward trips that serve as a thank you for achievement of goals. Ultimate pays all of the major expenses and frequently includes UltiPeeps’ family members or significant others. Typical trip destinations are Disney World or Universal in Orlando, Atlantis Resort in the Bahamas, and a Ritz or St. Regis hotel in a variety of locations.
