In today’s competitive market, potential employees going into interviews have a task at hand.
They are in a position to not only sell themselves, but to be sold on the company at the other side of the table. There is a new emphasis on learning more about the potential employer: The people practices, including staff morale, benefits packages and overall corporate culture. Companies that excel in these areas not only attract the best workers they also boost their bottom line and save time and money by increasing employee retention rates.
There is a positive connection between progressive people practices and increased financial performance according to research over the past five years. Publicly held companies on Fortune magazine’s “100 Best Companies to Work For” historically have far outperformed the stock market averages over a recorded three-, five- and 10-year period. Companies that are considered among the best places to work also realize increased employee retention and higher morale. At The Pointe Hilton Resorts, which topped the list of 2005 “Best Places to Work in the Valley” for companies with more than 250 employees, the turnover rate is less than half of the industry standard.
Take the time to learn more about a potential company. Some of top companies to work for are listed on the “Best Places to Work in the Valley,” which can be found on BestCompaniesAZ.com. This is a list of companies that pride themselves in how they treat their employees, and take the extra steps to improve morale and retention.
Denise Gredler is founder and president of The Gredler Group and BestCompaniesAZ, a Valley human resource consultant firm and founding partner of Best Places to Work in the Valley program.