Are you looking for the right company to work for and grow with? And what about HR practices? What do you think of it? Is it important for a company to follow best HR practices? The importance of following best HR practices should not be discounted. So, we have come up with a list of companies which we think follow best in class HR practices in the industry.
Working with a human resources company or one of the top human resource outsourcing companies listed on this page can keep organizations from making costly mistakes when it comes to labor guidelines. HR tech companies and HR management service providers can also handle all aspects of payroll, recruitment, training, and more.
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16. Brigham and Women’s Hospital
A teaching affiliate of Harvard Medical School has been consistently ranked as one of the best places to work by Working Mother and Glassdoor. The key to Brigham and Women’s Hospital’s success rate is their human resource efforts to bring a work and life balance to the community. The company encourages employees to balance their work and personal life. HR focuses efforts on childcare for working mothers and fathers. Subsidized tuition is offered for employees who earn below a certain level. Back-up childcare services are also offered in the event of emergencies. The HR department focuses heavy attention on balancing work and families. Many of the employees sandwiched between childcare and eldercare for elderly parents are offered extensive services. Nursing home placement, home health services, and support groups are part of the innovative ways the HR team at Brigham and Women’s Hospital helps its employees eliminate stress.
15. Diageo
Diageo dates back to 1759. Any firm with a track record of business dating back this far must be doing something right. For a drinks company, it is miraculous. What sets Diageo apart from other companies is its level of HR integrity and innovation, even during times of change. When a CEO, who has worked with the company for decades, steps down, solid management practices build a stronger leadership team. Diageo has faced transformation and always come out on top. With a long heritage of systematic leadership building, Diageo remains one of the UK’s greatest companies.
14. BT
Resiliency is what adds BT to the list of the most innovative human resource departments. As a communications provider, it is hard to believe that this company remains a leader in human resource. But, BT is recognized as a pioneer in the way of managing an international network with a rich heritage of success. During the credit crunch, when most companies were laying off employees, BT was retaining, retraining, and redeploying existing staff. BT allows their staff to be retrained in different areas, gaining valuable experience, without being disloyal to the company. Apprenticeship programs offering flexible work schedules are available to employees who are looking for areas of movement and advancement within the company. The result? Excited employees with special interest in their career.
13. Cambridge Consultants
Free lunches and blue-sky projects might be new at Google and other tech-industry giants, but Cambridge Consultants has been doing it for thirty years. The consultancy firm was founded in 1960 and ever since its HR team has offered unconventional ways of retaining top talent. According to HR director, Alison Hughes, every innovation that’s en vogue in Silicon Valley is commonplace at Cambridge Consultants. The company offers staff a high degree of autonomy and control over their career trajectory. Project-led structure helps employees gain training and experience while staying relevant to the challenges at task.
12. Marks & Spencer
Known worldwide, Marks & Spencer is one of the best-loved retail brands, but they didn’t reach the top through marketing efforts. It was their HR strategies. Employee engagement puts Marks & Spencer at the top of the rung of the business success ladder. According to annual staff surveys, prioritized communication builds the backbone of the success model at Marks & Spencer. The company has a strong reputation in employee relations, winning awards and honors for how employees are treated up and down the supply chain. At Marks & Spencer there is no such thing as too much communication. From regular conference calls to management to daily huddles among staff. Communication is key to the success of Marks & Spencer.
11. USAA
San Antonio based financial services provider, USAA, is recognized for its retention efforts and success. Annual luncheons honor ten percent of the employees who have been with the company for over 25 years. The retention efforts include extensive training budgets, bonuses, and incentive-based pay increases. In 2013, USAA reported less than four percent turnover for its IT employees. Promotions soared at over 17 percent in 2013 and were higher in 2014. What draws perspective employees to USAA? Most campuses are dotted with health clinics, on-site Starbucks coffee shops and cafes, relaxation lounges, fitness centers, and childcare facilities. Regular social events create camaraderie among staff members and also promote the work-life balance the company strives to achieve.
10. Rolls-Royce
The Rolls-Royce company is long synonymous with quality training and apprenticeships. Over 30 percent of the Rolls-Royce’s senior managers started at trainee-level with the company. The business model and value chain is incredibly innovative. Rolls-Royce showcases transformation and evolution. The company understands that in order to maintain their level of success, training is essential. Over 180 apprentices, with 80 percent aged sixteen to eighteen, are added each year across twelve UK sites. Most of the apprentices remain and work for the company for the life of their career.
9. Shell
The high profile human resource department at Shell plays a critical in forming and implementing strategy at the company by pioneering international management practices. While most overseas assignments fail, this is not the case with Shell. The company’s HR is able to manage overseas assignments bykeeping tabs on their abroad employees. In 2010, the company implemented a costly yet successful model that employed 7,500 expats. Today they have close to 90,000 staff working in 90 different countries. The company wants their employees to experience working in global business. The company believes in having a strong, cohesive, and open culture that works together as a team no matter what country the team member is from. Having a global mindset is what sets Shell apart from its competitors.
8. Ford
Ford is the car manufacturer that broke ideals when it came to hiring practices and leadership. Henry Ford is recognized as one of the best leaders the world has ever seen. His philosophies and beliefs trickled into the HR department at Ford. Today the company is recognized for its HR innovation through a highly disciplined culture, outstanding training opportunities, and strong and consistent processes. When it comes to human resource practice, the company focuses on implementing healthy communication through the removal of emotion and reliance on data. HR believes data and discipline should come first, before emotion. When the process is adhered to, a healthy work environment succeeds. Ford has consistently been named a leader in HR practice by People Management.
7. Boston Consulting Group
The average hours of training per year at Boston Consulting Group (BCG) for full-time salaried employees are 100. Hourly employees receive approximately 40 hours of training per year. Both training programs are considered rare for companies of this kind. BCG is ranked number 3 by Fortune as the Best Company of 2014 to work for, particularly because of their extensive training programs. It is the training that allows employees of BCG to succeed. Many newcomers graduate to leadership positions within a short duration of time because of the training received early on at the company. Mentorships and open-door communication policies with leadership allows for creative freedom and the confidence to share ideas.
6. LinkedIN
Business Insider ranked LinkedIn as one of the most desirable employers to work for and in 2014, Glassdoor recognized LinkedIn as #23 in their 50 Best Places to Work in 2015. What sets LinkedIn apart from its competitors are its HR innovation and team practice. The motto at LinkedIn is to work hard, play hard. The HR team hosts all-company parties, complete with live music and a nightclub atmosphere to reward staff members for their hard work and dedication to the company. The team dynamic is designed to encourage employees to create systems that break the status quo. Once a month, the company holds an InDay, which is when employees set aside regular work to explore new ideas. Employee turnover is less than eight percent and promotions consistently run over 17 percent.
5. Twitter
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Consistently grabbing a spot on Glassdoor’s annual list of best places to work in the tech industry, Twitter was recently named second as the overall best company to work for employing over 1,000 employees. Twitter’s innovative HR department promotes a work-life balance, causing employees to admire the company culture. HR focuses a lot of time and attention to training managers to lead, while maintaining a culture of authenticity, transparency, and accessibility. Twitter is able to maintain the scrappy start-up feel while becoming a major tech firm because of the extensive training offered to those in leadership.
4. Nissan
Nissan is known for blending the most-recognized manufacturing techniques of the Japanese with British productivity. The result? A concept known as kaizen. Kaizen is a key philosophy of Nissan that empowers the workforce to continually improve the way the job is done. Nissan implements this philosophy when choosing each production worker. The teams recruited are the best of their kind and each member is geared toward improving their skills to shine above the rest. The HR practices at Nissan include transparent salary scales and full autonomy for leaders to recruit and build their own teams. It is a practice not seen in the automobile industry. But, at Nissan, it is the key to production and manufacturing success.
3. SAS
In 2014, SAS was ranked No. 2 on Fortune’s list of the Best Companies to Work For in the US. The HR practices at SAS are innovative and creative; contributing to the reason the company is consistently ranked as an industry leader. The company offers a university campus feel on its grounds, with greenways that connect buildings to buildings. Recreation and fitness facilities are found on campus, offering time for employees to take part in maintaining the health of the entire person – mind, body, and spirit. SAS is noted for offering a high-trust environment and exhibiting a low turnover rate. The HR department is recognized as a pioneer in addressing day-to-day stresses and concerns that are common in a workplace environment.
2. Cadbury
When it comes to people management, Cadbury leads the way. Not only is the company the world’s second largest confectioner, but it has also earned the HR accolade by putting its people first. Since founded in 1824, Cadbury has maintained its worker village and R&D factories. The village offers its staff and their families a comfortable environment to work and live. The company is built on an altruistic belief system that makes people a priority. The Cadbury culture combines positivity and balance, among work and life.
1. Google
From Fortune to Mashable to Glassdoor, Google is consistently ranked as the best company to work for in the world. What truly makes Google a great place to work is the people. The company is more than just an Internet juggernaut, its Mountain View, California headquarters offer a seven-acre sports complex, three wellness centers, indoor roller hockey rinks, horseshoe pits, and over 100,000 hours of subsidized massages doled out each year. Google’s philosophy is that with the right tools, you can attract the best talent, and develop happier and more productive employees. With these HR efforts, Google’s leadership is recognized worldwide.
Conclusions
A quick research shows that the best companies to work for are those that have great HR practices. The companies that are well known for providing great HR services were honored by Fortune magazine in 2017.