What is the value of being on a “Best Companies” list? The new WorldatWork publication, Battling to Be the Best: Why Companies Compete for Best-Place-to-Work Lists, offers readers insights into what winning and “hopeful” companies are doing to be recognized as the best of the best, and what every organization should look at before embarking on this adventure.
(HRMarketer/PRWeb) May 17, 2008 -- What is the value of being on a “Best Companies” list? For some organizations, recognition on the lists of the Fortune 100 Best Companies to Work For in America, Working Mother 100 Best Companies, AARP Best Employers for Workers Over 50 or other “top company” lists could mean:
- Enhanced recruitment/retention
- Greater employee pride and commitment
- Improved community presence
- Impact on customers, shareholders and security analysts
- Competitive advantage
Only a few are lucky enough to make a best list, but even for those that don’t make it, focusing on their culture can produce favorable outcomes. On the other hand, companies that just focus on list status, and are not willing to take the action steps necessary each year to stay on a list and also enhance the return on investment from their programs, are likely to see short-term impact on attracting talent and little or no impact on employee retention. Pursuing best lists isn’t right for every company, and making the commitment to apply for a best list comes with some risks -- the biggest one being that your employees won’t agree you’re a best company.
The new WorldatWork publication, Battling to Be the Best: Why Companies Compete for Best-Place-to-Work Lists, takes readers through the ins and outs of best-place-to-work lists. Dozens of case studies including Mayo Clinic, Stew Leonard’s, Texas Instruments and Yale-New Haven Hospital, provide insights into what winning and “hopeful” companies are doing to be recognized as the best of the best, and what every organization should look at before embarking on this adventure.
Battling to Be the Best: Why Companies Compete for Best-Place-to-Work Lists. Richard F. Federico. WorldatWork Press. 2008. Softcover. ISBN: 9781579631888
$24.95 USD Member ($29.95 nonmember) | e-book: $19.95 USD Member ($24.95 nonmember)
Media may request a complimentary copy of the book by sending an email to erin.ryan @ worldatwork.org.
About WorldatWork®
The Total Rewards Association
WorldatWork (www.worldatwork.org) is a global human resources association focused on compensation, benefits, work-life and integrated total rewards to attract, motivate and retain a talented workforce. Founded in 1955, WorldatWork provides a network of more than 30,000 members and professionals in 75 countries with training, certification, research, conferences and community. It has offices in Scottsdale, Arizona, and Washington, D.C.
Press Contact:
Erin Ryan
Media Relations
WorldatWork
Phone: 480-304-6824
E-mail: erin.ryan @ worldatwork.org
www.worldatwork.org
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