Thanks to technologic innovation, the IT industry is enjoying a boom in today’s business world. IT organizations are not only in the Fortune 500, several are considered to be among the 100 Best Companies to Work For. According to Great Place to Work® IT is one of six industries that consistently dominate the Fortune 100 Best Companies to Work For list every year.
It’s Rare for Employees at IT Great Workplaces to Have a Case of the Mondays
Although many employees lament the end of the weekend and the start of the work week, 89 percent of employees who work for the Best IT Companies report looking forward to coming in to work. This statistic is significant even in comparison to the rest of the 100 Best Companies; it is five points higher than the 100 Best benchmark. Some of these positive experiences may be attributed to the perks and benefits of working for a Best IT Company.
100 Best IT Companies Employee Perks and Benefits
According to Great Place to Work®, some key employee offerings include:
- Average 16 paid days off after 1 year of employment
- Average paid days off after 5 years of employment
- Average 31 volunteer hours per year
- Average 168 training hours per year for full-time hourly employees
- Average 197 training hours per year for full-time salaried employees
In addition to these perks and benefits, the 100 Best IT Companies provide the highest compensation across the six industries that consistently make Fortune’s 100 Best list, and the vast majority of their employees report that they are satisfied with their pay. For example, 84 percent of employees at the 100 Best IT companies on average believe they are paid fairly for the work that they contribute and this statistic is five points above the 100 Best Benchmark.
Although employees at the 100 Best IT Companies enjoy excellent pay and perks, these are not the only areas that drive the employee value proposition at these organizations. There are two additional strategies that help IT organizations become great workplaces:
1. Provide ongoing professional development by keeping employees educated on new IT developments. To support this, VMWare offers a wide range of virtual and classroom instructor-led courses each year.
2. Empower employees to innovate by sharing ideas openly, taking risks, and adopting an entrepreneurial mindset. Known for their innovative products, salesforce.com launched Salesforce Labs internally so that globally, employees can publish free, open-source applications that help employees bring their ideas to Salesforce customers.
To learn more about the IT industry and the IT companies that made the Fortune 100 Best Companies to Work For® list in 2015, check out the full white paper from Great Place to Work®.
And, checkout APQC’s Key IT Benchmarks at a Glance.
Follow me on Twitter @ElissaTucker.