So that stock-options plan isn't exactly motivating the troops these days. Here's what to do: Give them a monthly beer bash instead. Hold a draw to win a four-slice toaster or a 13-inch colour TV. Or simply send an e-mail telling someone you really appreciate what they're doing.
Absurd? We can prove it's not. Yes, your employees care about their salaries and benefits, but according to the thousands of staff who responded to our fourth annual Best Companies survey, it's the total package that matters more.
"The best organizations have discovered what people should be paid," says Ted Emond, a Toronto-based consultant at Hewitt Associates, the firm that compiles our survey. Those salaries are often just the industry norm. What's important, says Emond, is that employees perceive that their compensation is fair. Hardly anyone would confess to being overpaid but, astonishingly, 67% of staffers at the 50 Best feel their pay is appropriate for their jobs. Only 42% say the same at companies that didn't make our list.
In the end, the best employers are the ones who articulate a clear and consistent vision, starting with the CEO. They're the companies that develop programs to keep staff focused on their goals, while actually listening to them and acting on their suggestions.
Commitment from the top is vital. On average, CEOs at the 50 Best spend four days a month with staff, versus two days for non-Best Companies. That contact is important whether or not the CEO is naturally outgoing or not. Catherine Woodman, vice-president of human resources at The Maritime Life Assurance Co. (No. 19), on our list for the fourth year in a row, chuckles when she talks about her boss, William Black. "He is not, by nature, a warm, loving guy," she says. "He's an actuary." But she adds, "He's done the logic. He knows he has to be out front."
In smaller companies, conveying a consistent message-and doing it personally-is a bit easier. Flight Centre (No. 3), the chain of travel agencies that topped our ranking last year, still has monthly "buzz night" parties for its staff. Everyone still takes out their own trash. But the ranks have grown from 253 employees in 2000 to 466 people now in Ontario, Alberta and British Columbia. "I used to have coffee with all of the staff every month," says Grahame Hubbard, managing director for Flight Centre's East Coast operations. Now, four other executives help him with the task. Growing into a bigger company while holding on to a small-business attitude is, as Hubbard says, "a big challenge."
But it's possible, if you have formal employee programs and managers blessed with the human touch. Consider Hudson's Bay Co. (No. 28), the largest employer on our 50 Best list, with 70,000 full- and part-time staff across the country. In addition to the Bay, it operates the Zellers, Home Outfitters and Fields chains and tries to maintain consistent pay, benefits and standards at its more than 500 locations. This means placing a lot of responsibility on its 3,000 front-line managers.
"On a Saturday in mid-December [during the Christmas rush] the guy running the store in Lethbridge is as good as any CEO in the country," says Bob Kolida, Hudson's Bay's senior vice-president of human resources.
Fostering that small-business vibe means giving your people some tangible praise-and some sense of their importance to the system. In the Hewitt survey, 61% of employees at the 50 Best agreed with the statement "I receive adequate recognition beyond compensation for my contributions and accomplishments." That compared with just 41% at companies that didn't make our list.
Betty Buysen, a veteran of the HR department at Edmonton-based Intuit Canada Ltd. (No. 8), which sells personal-finance and accounting software, says the recognition factor constantly comes up in other research. "Here we are spending millions of dollars trying to ensure that our employees are better paid when, in fact, what they're looking for is simple recognition," she says.
Although that's probably an oversimplification, it's an attitude that separates the Best Companies from the rest. It can be as simple as a manager congratulating an employee on a five-year anniversary at the beginning of the day-not at the end-or maybe an annual outing at a theme park.
At Intuit, recognition starts on day 1. New employees get a canvas tote bag stuffed with a copy of the company's software and a candy jar for their desk. (Candy breaks the ice with your cubicle neighbour, says Buysen). Later on, they might win a free toaster oven or TV-the company is big on giveaways-or an invitation to take their families to the annual corporate weekend retreat.
This kind of thing seems to pump up the rank and file more than, say, owning a stake in the company. Just 41% of employees at the 50 Best own company stock, compared with 45% at non-Best Companies (see page 60)-oddly low, since the payoff can be considerable. According to Kolida, Hudson's Bay employees get $1 worth of company shares for every $6 they buy through the corporate program-an immediate 17% return.
Ultimately, what makes a company one of the 50 Best varies dramatically from place to place. Consider the Top 5, which we profile on the following pages.
You'd have trouble finding five more dissimilar firms:
BC Biomedical Laboratories Ltd., a community-based testing service for blood and other medical needs; Janssen-Ortho Inc., the Canadian subsidiary of a multinational drug giant; Flight Centre, a brash, youth-oriented discount travel agent; Edward Jones, a chain of storefront brokerages for average investors; and EllisDon Corp., an international construction company.
None of these companies is a hub for glamorous, high-paid jobs. Rather, each one believes in praise, believes in people, and feels their employees' goals should be one with the overall corporate plan. Here's how they all do it.
How we picked the 50 best
We began in April, 2002, by sending invitations to more than 1,500 companies across Canada with at least 300 employees. One reason for that criterion is to ensure there's a level playing field between large and small companies. Our partner, for the fourth year in a row, was Hewitt Associates, North America's largest human-resources consulting firm. Hewitt has 15,682 associates in 37 countries, including 444 associates in five cities in Canada.
The survey consisted of three parts. First, each participating company distributed a detailed questionnaire to a minimum of 200 employees-more in the case of larger companies-who were selected at random, but also according to strict guidelines. That counted for 70% of the mark. Companies also completed a comprehensive human-resources practices survey, known as the People Practices Inventory, and a Leadership Team Survey for top executives. Together, those two elements counted for 30% of the mark. Hewitt received completed submissions from 128 companies, up from 62 in 2000, the first year we did the survey.
For more information, including instructions for applying for the next survey, log on to http://www.hewitt.com/bestcompaniescanada. Good luck!
1. BC Biomedical
It's a provincial blood lab and not a company that aspires to become huge or find a cure for cancer. Not that its people mind. The staff like things cozy, personal
How do you ignite the passions of your staff when your company isn't pushing into new markets or wowing the world with new products?
That's been a constant worry for Doug Buchanan, CEO and managing director of BC Biomedical Laboratories. Buchanan runs British Columbia's largest community lab, owned and operated by 46 pathologists in the Lower Mainland. Founded 45 years ago by Burnaby physician Cam Coady, the company does blood work, drug screening, clinical trials, among other things, mainly for the public health system.
BC Biomedical has grown slowly as demand for labs has increased. It now has more than 600 employees, an astounding 89% of them women-which lends things "a natural, high sense of empathy," Buchanan says. "Our practice is centred around caring for patients, so that's a powerful force."
As a unique public-private hybrid, the company does what it does happily and without aspirations for world domination. (It is limited by its mandate to serve B.C. doctors, plus it needs a licence to open new labs.) So, says Buchanan, "we have to try other things to create a sense of excitement."
Step 1: Get the right kind of staff. There are essentially two types of jobs at BC Biomedical: gathering blood and other samples from patients, and analyzing those samples in labs. As a result, Buchanan looks for people with "absolute, unwavering commitment to quality of work." There's also the nature of the job: "The stuff we do isn't necessarily pleasant," he adds, "so it takes a really special person at the front end."
Step 2: Maintain a flat structure, much like that of a medical practice. "There are no more than two people between me as CEO and any other employee in this organization," says Buchanan. "I'm connected to the front lines, and people drop in and talk to me with concerns and comments all the time."
Step 3: Strategize to keep things interesting. "We think work needs to offer opportunities to interact, to learn and grow, and it should be fun," says Buchanan.
Easy access to the boss fosters a consensus-building model of leadership. "I think it is the most essential aspect of creating followership," Buchanan says, leaning heavy into the buzz-speak. "You are more effective...getting things done through other people. Some things take a little longer, but we get greater support." What's more, an employee advisory group convenes regularly and sounds out any proposals for big-picture changes.
The company also gives staff more leeway with shifts and scheduling than you'd typically find in the industry, offering part-time casual work, flex hours and job sharing. Two employees sharing one post each gets a full benefits package and works out their own schedule, including holidays. "If it fits our workflow," Buchanan says, "we're interested in experimenting."
Keeping things lively for employees' families is another key goal: barbecues, picnics and Christmas parties are annual affairs.
There's also a staff profit-sharing plan and a health program that gives each employee a $250 disbursement each year, in addition to their regular benefits. Employees can spend these funds on any health-related service they like. It's a step toward a more flexible benefits package that the employees will increasingly control.
BC Biomedical's business may be steady-as-they-come, but its employees seem to thrive on that stability. "We've got a small edge in attractiveness for recruiting, but it's something we need to keep working on," says Buchanan.
The question is how he'll improve a voluntary turnover rate that barely surpasses 2%. Wait for the answer next year.
I love my job because... "I can pick up the phone and talk to my CEO, no problem. I'm taking a computer course and I just called him up to help me with my project"-medical laboratory technologist Debbie Miotto (right, in the white lab coat)
2. Janssen-ortho
Jim Mitchell, president of the Toronto-based pharmaceutical firm Janssen-Ortho, expects his 900 employees to be seen and heard. To get right down to it: "If people want to come to work and hide somewhere, I don't think this is the place to do it." This is a "high-performance culture," he stresses. "We strive to hire the best, motivate and direct them as much as we can and then get out of the way." Mitchell starts with his "do what's right" rules, a simple plan for running the company: First, do what's right for the customer, then for the employee and the community. You'll do what's right for the shareholder along the way.
Because lack of communication is his mortal enemy, Mitchell holds monthly cafeteria meetings at head office. "It's very informal," he says. "I tell them how the company's doing, we talk about issues and we recognize the heroes-the employees who've driven the business forward." More praise comes in the form of the Medallion Awards, peer-chosen bronze, silver and gold medals given to top performers.
Each employee's goals are tied to a list of corporate objectives. "It links everybody into an all-for-one-and-one-for-all concept," Mitchell says, meaning an employee can earn a yearly bonus of up to 20% if both the person and the company meet their goals.
Beyond this, there's the work/life balance: Janssen-Ortho offers flex hours, summer hours, educational grants and family social functions. "You want people to wake up and love to come to work," says the boss.
"It amazes me sometimes, the energy level we have here. You perform-and we treat you well."
I love my job because... "They recognize and reward. You're actually patted on the back. And every employee has a development plan"-John Inglis (above), clinical supply unit assistant (he co-ordinates the supply of drugs for ongoing trials)
3. Flight Centre
Youthful, energetic Flight Centre, an Australia-based company with international reach, is looking for a few good people. But if you've already worked in the holiday business, don't bother applying. "Less than 5% of our employees have a travel background," says Grahame Hubbard, managing director for Flight Centre's 55 stores and 350 employees in Eastern Canada. His people tend to be young self-starters from diverse backgrounds who've travelled extensively and speak a few languages: "They sell the sizzle of the steak, rather than just the steak itself."
The discount travel retailer prides itself on being the industry oddball-unlike most of its peers, it has also been profitable every quarter since Sept. 11, 2001.
Passion is the main job requirement and, in return, the company commits to 50 hours of training for staff each year, contributes $100 a month to each store's slush fund-employees can use it to cover emergency costs-and offers monthly parties and semi-regular thank-you trips. Recently, Flight Centre took 55 managers and assistant managers to Chicago, spending $46,000 for the weekend.
All retail employees-half of whom own company stock-saw their base pay increase by $5,000 in 2001. Average pay for travel agents is about $600 a week industry-wide, but Hubbard says his staff usually earn much more than that. They work hard for it, he adds. "I'm not a believer in motivating people," he says. "I personally don't believe anyone can motivate anybody. But I do believe you can provide an atmosphere where people feel they want to grow and do better for themselves."
I love my job because... "There's faith in me. I can make judgment calls without getting everything approved by five people"-Melissa Sturgeon (below right, with colleague Katherine Twomey), assistant team leader of the 335 Bay Street store in Toronto
4. Edward Jones
There are no job descriptions at Edward Jones. "It's pretty simple," says Gary Reamey, the Mississauga, Ont.-based principal of Canadian operations for the U.S. brokerage. "You give good people responsibility and you let them achieve."
Still, Reamey and crew are keen on clarity, issuing "responsibility statements" to staff that articulate a focused business model: Jones serves individual investors out of single-broker offices, often in malls.
One of the firm's greatest challenges is finding self-motivated individuals who fit its orderly structure. That's why it hires only about 30 staff out of the 1,200 Canadians who apply for sales positions each month. It's the first investment job for more than 85% of new hires-the company wants fresh recruits, trained the Edward Jones way.
The few who survive the rigorous hiring process are rewarded with opportunity. Apart from competitive benefits and compensation, Edward Jones provides continuing-education funds, a 24-hour help line for everything from consumer advice to mental health, and e-mail raffles for seats in the corporate box at Toronto's Air Canada Centre.
Edward Jones is a private partnership, so all employees can participate in ownership. One in 20 Canadian staffers do, sharing a group RRSP in which 24% of all profits are invested. The partnership structure helps the firm grow over the long term. "We are not so focused on making the next quarter's numbers. That focus jeopardizes long-term success," says Reamey, a 25-year veteran of the company. "We've been around since 1871, so if we're talking about quarters, we're talking about quarter-centuries."
I love my job because... "I made the switch from Bay Street to Main Street, from a place where there were 500 brokers to a one-broker branch. This has taken me back to the basic reason why I'm in this industry: to help my clients"-Doug Chillman (above), investment representative, Yorkville branch, Toronto
5. Ellisdon
When Donald and David Ellis Smith founded EllisDon Corp. in London, Ont., in 1951, the staff of their construction firm could fit into a Chevy sedan. By 1954, the brothers had opened a Calgary branch, the first step in a famously aggressive expansion plan.
EllisDon prospered well into the 1980s. But during an industry-wide slump in the '90s, it worried about losing its people. EllisDon had proved it could build bridges and airports, but when it came to building careers, things had to change.
Five years ago, EllisDon rebuilt its training programs, reforming an environment that president and CEO Geoff Smith (Donald's son) calls "sink or swim." Meaning: "You'd go find someone and if he had the experience you'd give him a shot. If he didn't make it, you'd go find someone else."
As Smith says, "We want people to stay with us and to know that they'll stay with us....We look for a certain philosophical bent in our staff. You have to be someone who wants to get out and make decisions, maybe with a little less support than you will get at other companies."
But support comes in the way of education. Staff can attend monthly sessions at EllisDon University-an event, not a place. It can take the form of a dinner with a speaker, or a tour of a subcontractor's operations.
EllisDon also has a web-based system, EdgeBuilder, that manages each project and even watches job sites via webcams. "Construction is about hundreds of thousands of documents," Smith explains, "and this system is state of the art."
Staff chime in during regular meetings about values and strategy. As well, in 1998, EllisDon rearranged its ownership structure, and set aside 45% of its shares to reward long-serving employees in future for their contributions. Promoting from within is also a priority. "Before we go outside," says Smith, "we should make sure we've looked within."
In the end, autonomy is key. Since a project manager might operate
as far away from HQ as Saskatchewan, Smith says the message is, "We trust you, service the client and tell us how you're doing.
"Everybody talks about giving employees power," he adds. "My father was giving employees all sorts of power at a very young age back in the '60s, before anyone had heard of this stuff." Turns out this is an old-company value after all.
I love my job because... "It's a company that lets you work and isn't always on your back. You go to your weekly meeting and then you go and do what you have to do"-Tony Cunha, labour foreman (above), working on the expansion of Toronto General Hospital
The Best and the Stock Market
Are good employers good investments? And do share ownership and stock-options plans succeed in motivating staff and improving company performance? When the markets soared in the 1990s, both answers were obviously yes. But in this year's survey, the link between ownership and results isn't as clear.
Still, shares of the top employers do well over time. We compared the 31 Best companies whose shares trade publicly against the Toronto Stock Exchange's S&P/TSX Composite Index. (Five of them have been public for less than five years, and four have been public for less than three years.)
Best companies outperform their competitors
>> Excess annual total shareholder return above industry average
(5 years) is 14.4%
Their sales are also growing faster than non-Best companies
>> Average annual sales growth (over 5 years):
Best Companies 14%
Other companies 9%
Best companies offer shares to more employees than non-Best companies
>> Percentage of employees eligible for stock options:
Best Companies 61%
Other companies 46%
But fewer employees in Best companies actually own part of the company
>> Staff who own shares:
Best Companies 41%
Other companies 45%
It's all about the Boss
Effective employee relations start at the top. CEOs and other top managers at the 50 Best Companies communicate more often and more effectively with staff than leaders at other companies. As a result, employees identify more closely with management and its goals.
>> Percentage of staff who said senior management is appropriately accessible to employees:
Best Companies 69%
Other companies 49%
>> Percentage of employees who feel managers are open and honest in communication:
Best Companies 71% Other companies 50%
>> Percentage of staff who feel their bosses expertly run the business:
Best Companies 80%
Other companies 59%
>> Percentage of executive-tier employees who have the opportunity to evaluate their superiors at least once a year:
Best Companies 79% Other companies 37%
>> Percentage of front-line employees who have the opportunity to evaluate their superiors at least once a year:
Best Companies 63% Other companies 27%
Rank: 1 Last year: 6 Company: Biomedical Laboratories Inc. Headquarters: Surrey, B.C. Industry: Medical CEO tenure: 9 years Revenues (millions)*: N.A. Employees (in Canada)**: 371 Voluntary turnover#: 2.2% Avg. yearly training (hours per employee): 38 Employees owning stock: N.A. Employees receiving salary increase##: 100% Average base salary increase##: 7.0% Some reasons they stand out: Employee-directed health benefits and flex-work opportunities.
Rank: 2 Last year: - Company: Janssen-Ortho Inc. Headquarters: Toronto Industry: Pharmaceutical CEO tenure: 2 year Revenues (millions)*: $429 Employees (in Canada)**: 750 Voluntary turnover#: 6.5% Avg. yearly training (hours per employee): 37 Employees owning stock: 60% Employees receiving salary increase##: 99% Average base salary increase##: 5.0% Some reasons they stand out: Leadership development, innovation teams and 'heroes of the month'
Rank: 3 Last year: 1 Company: Flight Centre Ltd. Headquarters: Toronto/Vancouver Industry: Travel CEO tenure: 8 years Revenues (millions)*: $220 Employees (in Canada)**: 389 Voluntary turnover#: 30.3% Avg. yearly training (hours per employee): 50 Employees owning stock: 82% Employees receiving salary increase##: 94% Average base salary increase##: 20.0% Some reasons they stand out: Promotes almost exclusively from within. Monthly parties
Rank: 4 Last year: - Company: Edward Jones Canada Headquarters: Mississauga, Ont. Industry: Investment dealer CEO tenure: 9 years Revenues (millions)*: $64 Employees (in Canada)**: 1,132 Voluntary turnover#: 5.6% Avg. yearly training (hours per employee): 180 Employees owning stock: N.A. Employees receiving salary increase##: 99% Average base salary increase##: 5.0% Some reasons they stand out: Profit-sharing and partnership opportunities for all
Rank: 5 Last year: 29 Company: EllisDon Corp. Headquarters: London, Ont. Industry: Construction CEO tenure: 15 years Revenues (millions)*: $755 Employees (in Canada)**: 667 Voluntary turnover#: 4.7% Avg. yearly training (hours per employee): 60 Employees owning stock: 25% Employees receiving salary increase##: 95% Average base salary increase##: 4.0% Some reasons they stand out: Rapid promotion, monthly learning sessions and employee parties
Rank: 6 Last year: - Company: Crystal Decisions Inc. Headquarters: Vancouver Industry: Software CEO tenure: 1 year Revenues (millions)*: $341 Employees (in Canada)**: 769 Voluntary turnover#: 5.9% Avg. yearly training (hours per employee): 35 Employees owning stock: 100% Employees receiving salary increase##: 90% Average base salary increase##: 4.0% Some reasons they stand out: Stock options, on-site gym and company chalet at Whistler
Rank: 7 Last year: 19 Company: Rothmans Benson & Hedges Headquarters: Toronto Industry: Tobacco CEO tenure: 4 years Revenues (millions)*: $563 Employees (in Canada)**: 787 Voluntary turnover#: 2.0% Avg. yearly training (hours per employee): 29 Employees owning stock: 4% Employees receiving salary increase##: 100% Average base salary increase##: 3.4% Some reasons they stand out: Monthly staff socials, family Christmas parties and picnics
Rank: 8 Last year: 2 Company: Intuit Canada Ltd. Headquarters: Edmonton Industry: Financial software CEO tenure: 10 years Revenues (millions)*: N.A. Employees (in Canada)**: 328 Voluntary turnover#: 6.7% Avg. yearly training (hours per employee): 48 Employees owning stock: 100% Employees receiving salary increase##: N.A. Average base salary increase##: N.A. Some reasons they stand out: Annual family weekend at Jasper Park Lodge. Staff nap rooms
Rank: 9 Last year: 23 Company: Chubb Insurance of Canada Headquarters: Toronto Industry: Insurance CEO tenure: 5 years Revenues (millions)*: $363 Employees (in Canada)**: 503 Voluntary turnover#: 2.7% Avg. yearly training (hours per employee): 62 Employees owning stock: 23% Employees receiving salary increase##: 99% Average base salary increase##: 5.5% Some reasons they stand out: Company matches employee RRSP contributions by 200%
Rank: 10 Last year: 25 Company: Mercedes-Benz Canada Ltd. Headquarters: Toronto Industry: Auto sales CEO tenure: 8 years Revenues (millions)*: $977 Employees (in Canada)**: 651 Voluntary turnover#: 3.3% Avg. yearly training (hours per employee): 35 Employees owning stock: N.A. Employees receiving salary increase##: 100% Average base salary increase##: 3.0% Some reasons they stand out: Staff can test-drive cars. Firm pays for professional development
Rank: 11 Last year: 13 Company: Aventis Pharma Inc. Headquarters: Laval, Que. Industry: Pharmaceuticals CEO tenure: 4 years Revenues (millions)*: $374 Employees (in Canada)**: 767 Voluntary turnover#: 4.6% Avg. yearly training (hours per employee): 30 Employees owning stock: 26% Employees receiving salary increase##: 100% Average base salary increase##: N.A. Some reasons they stand out: Summer work hours and quarterly town-hall meetings with president
Rank: 12 Last year: 37 Company: PCL Construction Group Ltd. Headquarters: Edmonton Industry: Construction CEO tenure: 6 years Revenues (millions)*: $1,800 Employees (in Canada)**: 973 Voluntary turnover#: 6.2% Avg. yearly training (hours per employee): 43 Employees owning stock: 75% Employees receiving salary increase##: 95% Average base salary increase##: 3.5% Some reasons they stand out: 100% employee-owned. Opportunities to relocate abroad
Rank: 13 Last year: 20 Company: Golder Associates Ltd. Headquarters: Burnaby, B.C. Industry: Engineering consulting CEO tenure: 4 years Revenues (millions)*: $139 Employees (in Canada)**: 975 Voluntary turnover#: 7.1% Avg. yearly training (hours per employee): 40 Employees owning stock: 41% Employees receiving salary increase##: 100% Average base salary increase##: 6.9% Some reasons they stand out: Golder 'U' in-house training sessions for all staff
Rank: 14 Last year: - Company: Enterprise Rent-A-Car Headquarters: St. Louis, Mo. Industry: Auto rentals CEO tenure: 11 years Revenues (millions)*: $6.500 Employees (in Canada)**: 1.006 Voluntary turnover#: 13.9% Avg. yearly training (hours per employee): 100 Employees owning stock: N.A. Employees receiving salary increase##: N.A. Average base salary increase##: N.A. Some reasons they stand out: Emphasizes internal promotion and local autonomy
Rank: 15 Last year: - Company: Pfizer Canada Pharmaceutical Group Headquarters: Kirkland, Que. Industry: Pharmaceuticals CEO tenure: 3 years Revenues (millions)*: $1,100 Employees (in Canada)**: 868 Voluntary turnover#: 1.5% Avg. yearly training (hours per employee): n.a. Employees owning stock: 78% Employees receiving salary increase##: 93% Average base salary increase##: 4.0% Some reasons they stand out: On-site doctor, daycare and fitness centre. Take-home meal plan
Rank: 16 Last year: 12 Company: Delta Hotels Limited Headquarters: Toronto Industry: Hotels CEO tenure: 5 years Revenues (millions)*: $508 Employees (in Canada)**: 4,333 Voluntary turnover#: 12.3% Avg. yearly training (hours per employee): 25 Employees owning stock: 5% Employees receiving salary increase##: 85% Average base salary increase##: 3.2% Some reasons they stand out: Commitment to career planning. Discounted and free hotel rooms
Rank: 17 Last year: 14 Company: JTI-Macdonald Corp. Headquarters: Toronto Industry: Tobacco CEO tenure: 3 years Revenues (millions)*: N.A. Employees (in Canada)**: 545 Voluntary turnover#: 0.9% Avg. yearly training (hours per employee): 18 Employees owning stock: 0% Employees receiving salary increase##: 100% Average base salary increase##: 4.0% Some reasons they stand out: Flex hours, job sharing and on-site massage therapy
Rank: 18 Last year: 24 Company: S.C. Johnson & Son Ltd. Headquarters: Brantford, Ont. Industry: Household products CEO tenure: 1 year Revenues (millions)*: N.A. Employees (in Canada)**: 450 Voluntary turnover#: 3.8% Avg. yearly training (hours per employee): N.A. Employees owning stock: N.A. Employees receiving salary increase##: N.A. Average base salary increase##: N.A. Some reasons they stand out: Kids' camp in summer and during March and Christmas breaks
Rank: 19 Last year: 11 Company: The Maritime Life Assurance Co. Headquarters: Halifax Industry: Insurance CEO tenure: 7 years Revenues (millions)*: $1,880 Employees (in Canada)**: 2,149 Voluntary turnover#: 5.0% Avg. yearly training (hours per employee): 14 Employees owning stock: 80% Employees receiving salary increase##: 99% Average base salary increase##: 2.9% Some reasons they stand out: On-site fitness and daycare. Discounts on home and auto insurance
Rank: 20 Last year: 16 Company: Novartis Pharmaceuticals Canada Inc. Headquarters: Dorval, Que. Industry: Pharmaceutical CEO tenure: 2 years Revenues (millions)*: $417 Employees (in Canada)**: 700 Voluntary turnover#: 5.0% Avg. yearly training (hours per employee): 30 Employees owning stock: 4% Employees receiving salary increase##: 100% Average base salary increase##: 4.0% Some reasons they stand out: Maternity leave top-up plan. Dry-cleaning service, take-home meals
Rank: 21 Last year: 15 Company: Starwood Hotels & Resorts Worldwide Inc. Headquarters: Toronto Industry: Hotels CEO tenure: 8 years Revenues (millions)*: $400 Employees (in Canada)**: 3,476 Voluntary turnover#: 14.6% Avg. yearly training (hours per employee): 11 Employees owning stock: 1% Employees receiving salary increase##: 100% Average base salary increase##: 3.0% Some reasons they stand out: Co-op program for students, with 75% hired permanently each year
Rank: 22 Last year: - Company: MDS Sciex Headquarters: Concord, Ont. Industry: Scientific instruments CEO tenure: 19 years Revenues (millions)*: $160 Employees (in Canada)**: 372 Voluntary turnover#: 2.2% Avg. yearly training (hours per employee): 47 Employees owning stock: 60% Employees receiving salary increase##: N.A. Average base salary increase##: N.A. Some reasons they stand out: On-site fitness, massage and meditation. Free corporate concierge
Rank: 23 Last year: 38 Company: AstraZeneca Canada Inc. Headquarters: Mississauga, Ont. Industry: Pharmaceuticals CEO tenure: 3 years Revenues (millions)*: $811 Employees (in Canada)**: 1,420 Voluntary turnover#: 4.1% Avg. yearly training (hours per employee): N.A. Employees owning stock: N.A. Employees receiving salary increase##: N.A. Average base salary increase##: N.A. Some reasons they stand out: Six days annualy to create long weekends. On-site personal trainer
Rank: 24 Last year: 31 Company: Federal Express Canada Ltd. Headquarters: Mississauga, Ont. Industry: Courier CEO tenure: 2 years Revenues (millions)*: N.A. Employees (in Canada)**: 3,000 Voluntary turnover#: 11.6% Avg. yearly training (hours per employee): N.A. Employees owning stock: N.A. Employees receiving salary increase##: 100% Average base salary increase##: N.A. Some reasons they stand out: No-layoff philosophy. Full benefits, including pension, for part-timers
Rank: 25 Last year: 36 Company: GlaxoSmithKline Inc. Headquarters: Mississauga, Ont. Industry: Pharmaceuticals CEO tenure: 8 years Revenues (millions)*: N.A. Employees (in Canada)**: 1,751 Voluntary turnover#: 8.9% Avg. yearly training (hours per employee): N.A. Employees owning stock: N.A. Employees receiving salary increase##: N.A. Average base salary increase##: N.A. Some reasons they stand out: Educational and compassionate leave. Spirit days with surprise gifts
Rank: 26 Last year: 44 Company: The CUMIS Group Ltd. Headquarters: Burlington, Ont/ Industry: Insurance CEO tenure: 6 years Revenues (millions)*: $229 Employees (in Canada)**: 538 Voluntary turnover#: 9.3% Avg. yearly training (hours per employee): 31 Employees owning stock: 1% Employees receiving salary increase##: 94% Average base salary increase##: 2.2% Some reasons they stand out: Opportunities for volunteer work on company time. Flex schedules
Rank: 27 Last year: 35 Company: QLT Inc. Headquarters: Vancouver Industry: Pharmaceuticals CEO tenure: 1 year Revenues (millions)*: $130 Employees (in Canada)**: 352 Voluntary turnover#: 7.7% Avg. yearly training (hours per employee): N.A. Employees owning stock: N.A. Employees receiving salary increase##: N.A. Average base salary increase##: N.A. Some reasons they stand out: Stock-option incentive plan. Family assistance program
Rank: 28 Last year: 17 Company: Hudson's Bay Company Headquarters: Toronto Industry: Retail CEO tenure: 3 years Revenues (millions)*: $7,400 Employees (in Canada)**: 27,824 Voluntary turnover#: 4.1% Avg. yearly training (hours per employee): 62 Employees owning stock: 5% Employees receiving salary increase##: 100% Average base salary increase##: 2.0% Some reasons they stand out: Committed to training and promoting from within. Profit sharing
Rank: 29 Last year: 47 Company: Ericsson Canada Inc. Headquarters: Mount Royal, Que. Industry: Telecommunications CEO tenure: 1 year Revenues (millions)*: $696 Employees (in Canada)**: 1,800 Voluntary turnover#: 2.6% Avg. yearly training (hours per employee): 38 Employees owning stock: 63% Employees receiving salary increase##: 90% Average base salary increase##: 2.9% Some reasons they stand out: On-site gym, daycare and wellness programs. Flex schedules
Rank: 30 Last year: 48 Company: IMS Health Canada Headquarters: Pointe-Claire, Que. Industry: Health care data CEO tenure: 3 years Revenues (millions)*: N.A. Employees (in Canada)**: 280 Voluntary turnover#: 8.2% Avg. yearly training (hours per employee): 27 Employees owning stock: N.A. Employees receiving salary increase##: 99% Average base salary increase##: N.A. Some reasons they stand out: Options for flextime, telecommunting and compressed workweek
Rank: 31 Last year: - Company: ACNeilsen Co. of Canada Headquarters: Markham, Ont. Industry: Market research CEO tenure: 2 years Revenues (millions)*: N.A. Employees (in Canada)**: 653 Voluntary turnover#: 8.1% Avg. yearly training (hours per employee): N.A. Employees owning stock: N.A. Employees receiving salary increase##: N.A. Average base salary increase##: N.A. Some reasons they stand out: Annual career day to explore opportunitied within the company
Rank: 32 Last year: - Company: Canadian Tire Corp. Headquarters: Toronto Industry: Retail CEO tenure: 2 years Revenues (millions)*: $5,438 Employees (in Canada)**: 4,269 Voluntary turnover#: 5.7% Avg. yearly training (hours per employee): 17 Employees owning stock: 100% Employees receiving salary increase##: 95% Average base salary increase##: 3.2% Some reasons they stand out: Stock purchase plan, on-line learning, seasonal gifts, staff discounts
Rank: 33 Last year: 8 Company: McDonald's Restaurants of Canada Headquarters: Toronto Industry: Fast food CEO tenure: N.A. Revenues (millions)*: $2,240 Employees (in Canada)**: 4,850 Voluntary turnover#: 19.4% Avg. yearly training (hours per employee): N.A. Employees owning stock: N.A. Employees receiving salary increase##: N.A. Average base salary increase##: N.A. Some reasons they stand out: Profit sharing. Bachelor of Flipology gives office staff in-store training
Rank: 34 Last year: - Company: Bennett Jones LLP Headquarters: Calgary Industry: Law CEO tenure: 5 years Revenues (millions)*: N.A. Employees (in Canada)**: 624 Voluntary turnover#: 13.6% Avg. yearly training (hours per employee): N.A. Employees owning stock: N.A. Employees receiving salary increase##: 99% Average base salary increase##: N.A. Some reasons they stand out: Courses to keep up with current law. Profit-based bonuses
Rank: 35 Last year: 5 Company: Eli Lilly Canada Inc. Headquarters: Toronto Industry: Pharmaceuticals CEO tenure: 3 years Revenues (millions)*: N.A. Employees (in Canada)**: 674 Voluntary turnover#: 6.2% Avg. yearly training (hours per employee): 65 Employees owning stock: 9% Employees receiving salary increase##: 98% Average base salary increase##: 4.5% Some reasons they stand out: Work-and-life task force. Grants for adoptive parents. On-site fitness
Rank: 36 Last year: - Company: Shell Canada Ltd. Headquarters: Calgary Industry: Oil and gas CEO tenure: 4 years Revenues (millions)*: $7,730 Employees (in Canada)**: 3,632 Voluntary turnover#: 1.8% Avg. yearly training (hours per employee): N.A. Employees owning stock: 44% Employees receiving salary increase##: 98% Average base salary increase##: 4.5% Some reasons they stand out: Staff can rate supervisors. Formal commitment to workplace diversity
Rank: 37 Last year: - Company: Nexen Inc. Headquarters: Calgary Industry: Oil and gas CEO tenure: 2 years Revenues (millions)*: $1,309 Employees (in Canada)**: 1,459 Voluntary turnover#: 5.1% Avg. yearly training (hours per employee): 21 Employees owning stock: N.A. Employees receiving salary increase##: 99% Average base salary increase##: 4.5% Some reasons they stand out: Health subsidy and company gym. Share ownership and savings plans
Rank: 38 Last year: - Company: Standard Aero Ltd. Headquarters: Winnipeg Industry: Aircraft maintenance CEO tenure: 18 years Revenues (millions)*: $269 Employees (in Canada)**: 1,374 Voluntary turnover#: 3.5% Avg. yearly training (hours per employee): N.A. Employees owning stock: 0% Employees receiving salary increase##: 99% Average base salary increase##: 3.3% Some reasons they stand out: Twice-monthly president's breakfast for groups of 12 employees
Rank: 39 Last year: - Company: Keg Restaurants Ltd. Headquarters: Richmond, B.C. Industry: Restaurants CEO tenure: 6 years Revenues (millions)*: N.A. Employees (in Canada)**: 1,456 Voluntary turnover#: 14.7% Avg. yearly training (hours per employee): 32 Employees owning stock: N.A. Employees receiving salary increase##: 85% Average base salary increase##: 3.0% Some reasons they stand out: Pays in industry top-quartile. Yearly ski race and party (Ont. and B.C.)
Rank: 40 Last year: - Company: Unilever Canada Headquarters: Toronto Industry: Consumer products CEO tenure: 2 years Revenues (millions)*: $1,596 Employees (in Canada)**: 619 Voluntary turnover#: 10.3% Avg. yearly training (hours per employee): 22 Employees owning stock: N.A. Employees receiving salary increase##: 98% Average base salary increase##: 4.0% Some reasons they stand out: Tuition reimbursement. Fitness subsidies and on-site massage
Rank: 41 Last year: - Company: Dofasco Inc. Headquarters: Hamilton, Ont. Industry: Steel CEO tenure: 10 years Revenues (millions)*: $2,900 Employees (in Canada)**: 7,490 Voluntary turnover#: 0.6% Avg. yearly training (hours per employee): 68 Employees owning stock: N.A. Employees receiving salary increase##: 96% Average base salary increase##: 3.2% Some reasons they stand out: Profit sharing. Sports and recreation park. Renowned Christmas party
Rank: 42 Last year: - Company: Dundee Realty Corp. Headquarters: Toronto Industry: Real estate CEO tenure: 6 years Revenues (millions)*: $199 Employees (in Canada)**: 288 Voluntary turnover#: 10.8% Avg. yearly training (hours per employee): 35 Employees owning stock: 10% Employees receiving salary increase##: 91% Average base salary increase##: 3.5% Some reasons they stand out: Senior executives workd in open concept. Annual health month
Rank: 43 Last year: - Company: Chemco Electrical Contractors Headquarters: Edmonton Industry: Construction CEO tenure: 24 years Revenues (millions)*: $75 Employees (in Canada)**: 800 Voluntary turnover#: 64.0% Avg. yearly training (hours per employee): 45 Employees owning stock: 0 Employees receiving salary increase##: 100% Average base salary increase##: 6.0% Some reasons they stand out: Business is high-turnover, so new and old employees treated the same
Rank: 44 Last year: - Company: Electronic Arts (Canada) Inc. Headquarters: Burnaby, B.C. Industry: Electronic games CEO tenure: 20 years Revenues (millions)*: $550 Employees (in Canada)**: 535 Voluntary turnover#: 7.6% Avg. yearly training (hours per employee): 6 Employees owning stock: 100% Employees receiving salary increase##: 97% Average base salary increase##: 3.5% Some reasons they stand out: Formal career plans. On-site soccer, basketball and arcade games
Rank: 456 Last year: 22 Company: RBC Financial Group Headquarters: Toronto Industry: Financial services CEO tenure: 2 years Revenues (millions)*: $9,868 Employees (in Canada)**: 48,700 Voluntary turnover#: 6.0% Avg. yearly training (hours per employee): N.A. Employees owning stock: 80% Employees receiving salary increase##: 80% Average base salary increase##: 2.3% Some reasons they stand out: Subsidized share-purchase plan. CEO conference calls open to all staff
Rank: 46 Last year: - Company: Accenture Inc. Canada Headquarters: Toronto Industry: Consulting CEO tenure: 7 years Revenues (millions)*: $308 Employees (in Canada)**: 1,298 Voluntary turnover#: 9.2% Avg. yearly training (hours per employee): 360 Employees owning stock: 100% Employees receiving salary increase##: 100% Average base salary increase##: 6.8% Some reasons they stand out: Flextime. 15% discount on share purchases. Hiring referral incentives
Rank: 47 Last year: - Company: Envision Financial Headquarters: Langley, B.C. Industry: Financial services CEO tenure: 6 years Revenues (millions)*: $124 Employees (in Canada)**: 482 Voluntary turnover#: 7.7% Avg. yearly training (hours per employee): 45 Employees owning stock: N.A. Employees receiving salary increase##: 94% Average base salary increase##: 2.2% Some reasons they stand out: Profit sharing or share ownership plan. Staff concierge. Flex benefits
Rank: 48 Last year: - Company: Dun & Bradstreet Canada Headquarters: Mississauga, Ont. Industry: Financial data CEO tenure: 5 years Revenues (millions)*: $52 Employees (in Canada)**: 331 Voluntary turnover#: 8.3% Avg. yearly training (hours per employee): 45 Employees owning stock: 13% Employees receiving salary increase##: 94% Average base salary increase##: 3.0% Some reasons they stand out: Career planning. Profit sharing and stock purchase discounts
Rank: 49 Last year: - Company: Maritz Canada Headquarters: Mississauga, Ont. Industry: Consumer research CEO tenure: 2 years Revenues (millions)*: $108 Employees (in Canada)**: 341 Voluntary turnover#: 9.4% Avg. yearly training (hours per employee): 24 Employees owning stock: 0 Employees receiving salary increase##: 90% Average base salary increase##: 3.4% Some reasons they stand out: Monthly all-employee meetings. Focus on community and charities
Rank: 50 Last year: - Company: Xerox Canada Inc. Headquarters: Toronto Industry: Information systems CEO tenure: 3 years Revenues (millions)*: $1,429 Employees (in Canada)**: 4,351 Voluntary turnover#: 7.5% Avg. yearly training (hours per employee): 46 Employees owning stock: 3.8% Employees receiving salary increase##: 90% Average base salary increase##: 3.2% Some reasons they stand out: Extensive learning and development programs. Eager to help women
* Revenues are for 2001 or latest annual period; ** Full-time employees; #Annualized rate as of July, 2002, or most recent figure; not including retirement; ## For 2001 or latest annual period; Worldwide revenues, U.S. dollars; Corporate and head office employees only. Does not include employees in franchise or dealer-owned outlets; Revenues from Canadian operations