Published on: January 23, 2008Fortune has released its annual list of “100 Best Companies To Work For,” and eight of recognized companies are retailers. Wegmans remains in the number three position that it had last year. Starbucks moved up from 16th place to number seven, despite some of the tumult that the company has experienced over the past year.
California’s Nugget Markets moved up one place from 13 to 12. Whole Foods dropped from its 2007 position of five down to 16, and the Container Store dropped from number four to number 20.
Stew Leonard’s moved up from number 51 to 26, while Nordstrom dropped from 24 to 36 and Publix dropped from 57 to 91.
Other industry-related companies that made the list included SC Johnson, which dropped from seven to 27; JM Smucker, which went from 39 to 47, and General Mills, which was 60 this year and did not make the list in 2007.
Topping the 2008 list were Google at number one, and Quicken Loans at number two.
- KC's View:
- I’ve always argued that a company’s position on the list is less important than the various qualities that allow companies to make the list in the first place. After all, the Container Store used to be in the top five almost routinely, and now is number 20…but I haven't detected any diminishing enthusiasm among its employees. The list and the criteria are subjective, and companies shouldn't take the rankings too seriously.
That said, there is one quality that all these companies seem to share. They invest in their employees, they empower their employees, and they make their employees feel like they are assets, not liabilities and costs.
Which, it is fair to say, is what employees increasingly will look for as they choose jobs and careers. Companies that do not treat their people this way will find themselves at a competitive disadvantage.