Thursday, January 21, 2010
Fortune's list of the 100 best companies to work for is out for 2010. At the top of the list is SAS, the world's largest privately owned software company. So what makes it number one? It sounds like a combination of things from the article,
SAS boasts a laundry list of benefits -- high-quality child care at $410 a month, 90% coverage of the health insurance premium, unlimited sick days, a medical center staffed by four physicians and 10 nurse practitioners (at no cost to employees), a free 66,000-square-foot fitness center and natatorium, a lending library, and a summer camp for children.
The architect of this culture -- based on "trust between our employees and the company" -- is Jim Goodnight, its co-founder, and the only CEO that SAS has had in its 34-year history.
Some might think that with all those perks, Goodnight was giving away the store. Not so. SAS is highly profitable and ranks as the world’s largest privately owned software company. Turnover is the industry’s lowest at 2%.
The company has about 5500 employees in the US and an equal number outside, and also provides quite a bit of job flexibility. It's a pretty winning combination. Check out the whole list.