Yesterday I blogged about our announcement of our finalist organizations for the 2010 Top Small Company Workplace award, showing where these businesses are located across the U.S.
You may be wondering, OK, so what made these 40 firms stand out among the almost 500 that applied?
Our finalists stand out when it comes to their use of effective, progressive employee engagement best practices to drive improved business outcomes.
The two tables below spell this out in detail. Here are some key best practices/benefits where the finalists stood head and shoulders above all applicants, on average...
| Metric/Best Practice | 2010 TSCW Applicants | 2010 TSCW Finalists | Finalist Improvement |
Average percentage of employee health insurance premium paid | 73% | 85% |
|
Average percentage of premium paid for dependent | 38% | 58% |
|
Percent offering flexible work arrangements | 81% | 95% |
|
Percent offering child care assistance | 45% | 67% |
|
Percent offering wellness support | 58% | 77% |
|
...which helped them produce the following outcomes:
| Metric/Outcome | 2010 TSCW Applicants | 2010 TSCW Finalists | Finalist Improvement |
| Percent profitable in 2009 | 91% | 95% |  4% |
Average years in business | 16 years | 28 years |
|
Average employee turnover | 19% | 8% |
|
Average % open positions filled from within in 2009 | 22% | 28% |
|
Average employee tenure | 4 years | 7 years |
|
So, yet another employee engagement research sample that shows the payoff of winning workplace engagement strategies.
Help a blogger out: Have you seen any new workplace research showing that better people practices bring better business results? Let me know by commenting below.
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