BCG Named Best Small Company on FORTUNE's '100 Best Companies to Work For' List
Firm ranks 8th overall and highest among three consultancies on the list
BOSTON, Jan. 8 /PRNewswire/ -- The Boston Consulting Group (BCG) has been named the Best Small Company in America and one of the top 10 overall on FORTUNE's 100 Best Companies to Work For list this year. Strong employee development, a supportive culture, intensive investment in training, and progressive benefits helped the firm rank 8th overall, up from 11th last year, and highest among three consultancies on the list. BCG scored high in pay and benefits for salaried and hourly employees. Major women and diversity initiatives, a generous parental leave policy, full domestic partner benefits, and backup childcare also factored into the rankings. "A push to hire more women resulted in a 25% rise in female consultants from 2004," noted FORTUNE. "We are honored to be recognized again as one of America's premier places to work," said Kermit King, a vice president who heads BCG's U.S. recruiting effort. "We take great pride in our distinctive culture of creative problem solving and collaboration. It drives both our client impact and the experience of our people." BCG founder Bruce Henderson is credited with establishing the firm's culture and focus on career and personal development. He envisioned BCG as a place for "those few who value most a sense of accomplishment and the ability to make the world a better place.... We dedicate ourselves to supporting them, reinforcing them, honoring them and multiplying their effectiveness." BCG is the first consulting firm to be ranked Best Small Company in America. FORTUNE defines small companies as those with between 1,000 and 2,500 U.S. employees. "The 100 Best Companies to Work For" list is compiled for FORTUNE by Robert Levering and Milton Moskowitz of the Great Place to Work Institute in San Francisco, based on two criteria: an evaluation of the policies and culture of each company, and the opinions of the company's employees. Two- thirds of the total score comes from employee responses to a 57-question survey which goes to a minimum of 400 randomly selected employees from each company. The survey asks about things such as attitudes toward management, job satisfaction, and camaraderie within the organization. The remaining one-third of the score is based on an evaluation of each company's demographic makeup, pay and benefits programs, and culture. Companies are scored in four areas: credibility (communication to employees), respect (opportunities and benefits), fairness (compensation, diversity), and pride/camaraderie (philanthropy, celebrations). Companies that are at least seven years old and have 1,000 or more employees are eligible for the list. About The Boston Consulting Group Since its founding in 1963, The Boston Consulting Group has focused on helping clients achieve competitive advantage. Our firm believes that best practices or benchmarks are rarely enough to create lasting value and that positive change requires new insight into economics and markets and the organizational capabilities to chart and deliver on winning strategies. We consider every assignment to be a unique set of opportunities and constraints for which no standard solution will be adequate. BCG has 61 offices in 37 countries and serves companies in all industries and markets. www.bcg.com Link to FORTUNE list: http://money.cnn.com/magazines/fortune/bestcompanies/2007/full_list/
SOURCE The Boston Consulting Group
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