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The Best Places to Work What Makes Them Special and How Can your Company Be One of Them?
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©2015 Seyfarth Shaw LLP 2 #1 source: www.greatplacetowork.com
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©2015 Seyfarth Shaw LLP 3 #2 source: www.greatplacetowork.com
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©2015 Seyfarth Shaw LLP 4 #3 source: www.greatplacetowork.com
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©2015 Seyfarth Shaw LLP 5 #19 source: www.greatplacetowork.com
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©2015 Seyfarth Shaw LLP 6 #26 source: www.greatplacetowork.com
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©2015 Seyfarth Shaw LLP Looking side by side (select comparative data) #1 Google#2 SAS#3 BCG#19 BHSF#26 NuStar US Employees 28,6336,6473,00015,3301,210 Vacation and holidays 28 days*27 days**26 days**24 days**20 days** Training for FT salaried employees 30 hours25 hours110 hours24 hours193 hours Philanthropic donations*** $1.1 billion (2%) $24 million (0.75%) n/a$292 million (13%) $7.3 million (0.2%) Free snacksYes 7 * First year of employment ** After first year of employment *** (% of revenue) source: www.greatplacetowork.com
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©2015 Seyfarth Shaw LLP A great place to work is… From the Employee’s perspective A great workplace is one where they: Trust the people they work for Have pride in what they do Enjoy the people they work with From the Manager’s perspective A great workplace is one where they: Achieve organizational objectives… …with employees who give their personal best; and Work together as a team / family in an environment of trust 8 source: www.greatplacetowork.com
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©2015 Seyfarth Shaw LLP Wait… what about the Shareholder’s perspective…? Shareholder / Stakeholder High Performance Profitable Growth Culture and Values 9 Employee Trust the people they work for Have pride in what they do Enjoy the people they work with Manager Achieve organizational objectives With employees who give their personal best; and Work together as a team / family in an environment of trust
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©2015 Seyfarth Shaw LLP Who came first? High performing organizations are great places to work OR Great places to work are high performing organizations 10
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©2015 Seyfarth Shaw LLP The Missing Links: Value Proposition and Enablement Shareholder / Stakeholder High Performance Profitable Growth Culture and Values 11 Employee Trust the people they work for Have pride in what they do Enjoy the people they work with Manager Achieve organizational objectives With employees who give their personal best; and Work together as a team / family in an environment of trust Enablement Value Proposition
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©2015 Seyfarth Shaw LLP Always start with a strategic perspective 12 client/customer needs and expectations company strategy and economics culture and values Strategic Platform
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©2015 Seyfarth Shaw LLP Segment the Population 13 adapted from. “What is Talent” by David Ulrich and Norm Smallwood C-Suite / Executive Level Leadership High Potentials / Strategic Positions Operations Client / Customer facing Support
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©2015 Seyfarth Shaw LLP Great Place to Work® Model 14 source: www.greatplacetowork.com Bosses Rewards ChallengeAtmosphere PrideCommunication Employee Value Proposition
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©2015 Seyfarth Shaw LLP Enabling High Performance 15 source: www.greatplacetowork.com Clarity IncentivesOrganization Support Enablement Training Technology
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©2015 Seyfarth Shaw LLP Putting it all together 16 Value Proposition Enablement Best Places to Work
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©2015 Seyfarth Shaw LLP Value Proposition and Enablement at Seyfarth 17 Autonomy Reward Culture Pride Challenge Learning Career Progression Challenge Culture Flexibility Expertise Focus PartnerAssociateCounsel Innovation Challenge Pride Contribution SeyfarthLean Consulting Technology – Training – Mentoring – SeyfarthLean – “Seyfarth Cup”
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