Friday, 06 November 2009

• Dream Jobs Alert: Top Companies with a Record of Absolutely ZERO Layoffs!

  
  

  
  During times of economic hardship, many companies seek to curb losses by reducing staff. However, there are a select few that have stuck with their employees and sought other ways to contain costs.
  
  In a recession induced drought of jobs with employment closing in double digits, the following companies have been an oasis to their employees with great job security and benefits.
  

  Here are nine companies on Fortune magazine's 100 Best Companies to Work For list for 2009 that have never undergone layoffs—ever:

  1. Nugget Market
     
  2. Devon Energy
  3. Aflac
  4. QuikTrip
  5. The Container Store
  6. NuStar Energy
  7. Stew Leonard's
  8. Scottrade
  9. Publix Super Markets
     

  
  Here's how they were able to do it:
  
  1. Nugget Market
  
  Careful job placement and shrewd labor management. Instead of laying off workers, the 81-year-old grocery store refrains from replacing employees who leave. Its stores are 15 miles from each other, making it easier to fill positions, and employees are trained to fit various roles.
  
  Store directors make an average of $116,440 in annual salary, and checkers, the most common hourly workers, earn $34,490. The store also offers 100% health care coverage.
  
  2. Devon Energy
  
  The company, which cut its operating budget before the recession, withholds raises in bad years but gives midyear pay increases in good times.
  
  Takes a conservative approach to its finances, yet still treats its employees well—it started a 401(k) retirement plan featuring company contributions of 11–22%.
  
  3. Aflac
  
  Keeps its eyes on its budget and ears open to employees. Employee suggestions like telecommuting and flex schedules have saved it millions of dollars.
  
  Other company benefits include an onsite fitness center, subsidized gym membership and the largest onsite corporate child care center in Georgia.
  
  4. QuikTrip
  
  Smart financial management has helped it thrive in the downturn. It offered over new 1,400 jobs last year.
  
  Wages and benefits are so good that over 200 employees have stayed with the company more than 20 years.
  
  5. The Container Store
  
  The storage retailer, based in Coppell, Texas, froze salaries and watched spending.
  
  6. NuStar Energy
  
  Considering layoffs harmful to company productivity, NuStar management avoids them like the plague.
  
  The San Antonio-based pipeline and refinery operator also offers bonuses that can exceed $10,000 and 100% 401(k) matches for up to 6% of pay.
  
  7. Stew Leonard's
  
  This privately-held grocery chain focuses on customer service and long-term sales rather than short-term earnings. CEO Stew Leonard Jr. says selling groceries is a stable business, which helps avoid layoffs. No matter how the economy is faring, people still have to eat.
  
  8. Scottrade
  
  This privately-held online discount brokerage has cut bonuses instead of cutting employees, and also has a conservative growth strategy.
  
  9. Publix Super Markets
  
  A strong balance sheet with no debt helped this grocery chain acquire 49 stores and hire over 1,250 people last year. In its 79 years, it has never had layoffs. No wonder—it's entirely owned by employees.
  
  Information Source: Link
  
  Is job security important to you?  How does your company, or companies you're interested in, compare to these?
  

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