Six CMTA members make Fortune Magazine’s 2006 “100 Best Companies to Work For”

By CMTA Staff

Capitol Update, Jan. 13, 2006 Share this on FacebookTweet thisEmail this to a friend

Annual ranking of companies that rate high with employees

Six CMTA members made Fortune Magazine’s 2006 "100 Best Companies to Work For" that was announced this week.

Each year, Fortune Magazine teams up with the Great Place to Work Institute in evaluating the policies and culture of each company, as well as the opinion’s of each company’s employees.

Two-thirds of their evaluation comes from a 57-question survey that is distributed to 400 randomly selected employees in each company. The other third scores companies in areas such as communication to their employees, opportunities, benefits, compensation, diversity, philanthropy and celebrations.

Below are the CMTA member companies, with a few reasons why they made the list:

Valero Energy #3
Shooting up 20 slots from 2005, Valero Energy ranked third overall in 2006, in part for their humanitarian effort with Hurricane’s Katrina & Rita.  They sent truck-loads of supplies, set up temporary housing for employees, fed volunteers and donated $1 million to the Red Cross.  

S.C. Johnson #10
As they continue to set the standard with their innovative products, S.C. Johnson also enjoys one of the most devoted workforces, with a turnover rate of just 2 percent and profit-sharing that added 19 percent to pay last year.

Amgen #39
A California-based biotech company, Amgen ranked number one in California due to their generous benefit programs – 90 percent company contribution toward health-insurance premiums, an automatic 5 percent 401(k) company contribution with a 5 percent match, plus 16 paid holidays.

Morrison & Foerster #88
This law firm, a CMTA associate member, moved up three spots this year, providing a $172,000 base salary for its lawyers and $60,334 for its legal secretaries.  In addition, Morrison & Foerster funds every employee’s 401(k) account with 5 percent of total compensation.

Intel #97
Intel continues to be a leader in the manufacturing of semiconductors and other electronic components, while providing over 48,000 jobs in the U.S.  This year, they were ranked the seventh best company to work for in California.  Another interesting fact – they offer their worker’s an eight-week sabbatical every seven years.
General Mills # 98
General Mills continues to provide incredible benefits to its employees.  There is a subsidized infant-care center for children ages 6 weeks to 16 months.  If that’s not enough, you can bring your laundry to work and get your car serviced, packages wrapped, and nails done at the headquarters. 

Click here to see the annual ranking of "100 Best Companies to Work For".
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