Consumer products giant Colgate-Palmolive, headquartered in New York City with locations world-wide, was named number 100 in Fortune's "Best 100 Companies to Work For in 2010."
Here are some reasons why:
Training and Development
Nearly 10 percent of its employees work in Training and Development - a top priority in the company.
At Colgate-Palmolive, raises are tied to three values:
- Constant improvement
CEO Ian Cook, who joined the company in 1976, invites employees at all levels to weekly roundtables to improve communication company wide.
Work / Life Balance
U.S. employees can buy additional vacation days at the beginning of each year - or sell last year's unused vacation days for cash. Parents get the morning of their kids' first day of school off.
Their mortgage assistance program offers help with refinancing an existing loan or obtaining a discounted mortgage to buy a new home.
Colgate-Palmolive's "You Can Make a Difference" program gives 400 high-performing employees stock worth $250. Another nine employees receive $2,500 each.
What's Your Story?
Why do employees work at your company, and how could you influence them to stay?