Top 10 manufacturing companies to work for 2015
Commitment to workplace culture can build employee loyalty, and happy employees tend to be more productive. To determine which companies in the broadly-defined manufacturing industry have the happiest workforce, we referenced data from Great Place to Work, who surveyed thousands of employees in the sector. So what’s most important to workers at automotive distributors, oil and gas producers, medical device makers and food manufacturers? A commitment to workplace safety, job training and development and profit sharing for starters.
Manufacturing Global unveils to Top 10 manufacturing and production firms to work for in 2015.
Does your company make the list?
100 Best Companies Rank: 15
Hilcorp employees cannot complain when it comes to monetary perks. If the company meets its “dream 2015” goals before next year - doubling its daily production, reserves and equity value over the past five years - it has promised to reward each of its employees with $100,000 cash.
The company also matches up to 6 percent of employee contributions to 401(k) plans, covers 85 percent of health care costs for employees (and 77 percent for dependents), and allows its workers to invest in the fields it buys.
Revenue: $9 billion
Headquarters: Kalamazoo, Mich.
100 Best Companies Rank: 42
All employees at Stryker know their top five skills. That’s because the company supplies an online “strengths finder” survey, allowing individuals to determine their talents. Workers average 115 hours of training annually, and Stryker prides itself on supporting their professional development. The company even offers a mini-MBA for mid-level managers seeking to climb the corporate ladder. The company has an innovative vacation donation program which lets some employees reallocate their time off to others in times of need. (On one occasion coworkers donated more than a dozen weeks of vacation to an employee with a medical emergency.) The company is no stranger to donation either: it contributed more than $27 million to charity last year, including gifting humanitarian efforts with devices and equipment.
3. Devon Energy
Revenue: $10.4 billion
Headquarters: Oklahoma City
100 Best Companies Rank: 56
An explosion of productivity from North American oil and gas wells has oil giant Devon Energy, passing handsome rewards to employees. At the driller’s headquarters there is an onsite medical clinic, a subsidized cafeteria, a car wash and even a gelato shop. When the building’s fitness center became too crowded during the lunchtime rush, the company opened a second one. Devon also offers classroom courses, e-learning in partnership with Cornell University, and “guidance resources,” a support hotline for employees and their family members.
Revenue: $1.5 billion
Headquarters: Naples, Fla.
Surgical products maker Arthrex strives to keep its workers healthy. The company offers an appealing health package, covering 100 percent of employees’ monthly medical and dental premiums (and half that for dependents). Arthrex also reimburses gym memberships, provides on-site medical facilities, and caters free lunches under the supervision of an executive chef. When workers meet their five-year milestone, they are eligible for a paid vacation and 40 hours of extra paid time off. Some choose to spend it at Arthrex founder and president Reinhold Schmieding’s ranch in Montana, which he makes available for employees and their families as a getaway.
5. W. L. Gore & Associates
Revenue: $3091.66 million
Headquarters: Newark, Del.
100 Best Companies Rank: 22
This diverse materials-based company has a flat organizational structure, with leaders instead of managers or supervisors. Every employee is paired with a sponsor who serves as an advocate and coach. W. L. Gore pays 85 percent of health care costs for both employees and dependents, and offers a day of paid time off for volunteer work. A bountiful stock ownership plan enables its associates to receive a 12 percent-of-pay contribution after a year of service with the company.
6. EOG Resources
Revenue: $144.9 billion
100 Best Companies Rank: 97
Workers at this oil exploration company enjoy ample benefits. EOG Resources matches up to 6 percent of employees’ 401(k) contributions, fully covers their health plans (80 percent for dependents), and offers them its stock shares at a 15 percent discount. The company also promotes well being with fitness expense reimbursements up to $300 per year, vehicle discounts at participating dealers, and a rotational program for engineers to experience different parts of the business.
7. JM Family Enterprises
Revenue: $12.5 billion
Headquarters: Deerfield Beach, Fla.
100 Best Companies Rank: 37
This automotive distributor and retailer keeps its employees driven with excellent perks. Workers earn an incentive bonus tied to the company’s profits at the end of each year. Other awards include $75 gift cards, spot bonus checks up to $1,500 and paid trips to resort destinations - sometimes involving the company's private jets.
Revenue: $33 billion
Headquarters: McLean, Va.
100 Best Companies Rank: 76
Employees say life at the foods and pet care giant is a sweet deal. Its headquarters has an on-site occupational health and wellness facilities, an open office environment featuring collaborative “pods” rather than cubicles, and walking trails outside. Employees are welcome to bring their dogs to work. Mars matches up to 6 percent of an employee’s 401(k) contribution and covers 87 percent of their health plans (83 percent for dependents). Associates can also enroll for classes at Mars University, an internal program for continued education.
9. Schweitzer Engineering Laboratories
Headquarters: Pullman, Wash.
This electrical equipment maker powers its workforce with rewards. An employee-owned company, Schweitzer Engineering Laboratories provides its workers with a monthly $80 educational allowance and let’s each of them decide where to donate $100 for science, technology, engineering and mathematics-related education annually. When employees are hired, they enroll in a 1-year-long “becoming an SEL-owner” program that orients them to the company’s products, culture and expectations.
10. Chesapeake Energy
Revenue: $17.5 billion
Headquarters: Oklahoma City
100 Best Companies Rank: 51
This natural gas producer provides its workers with a slew of great resources. The company matches up to a whopping 15 percent of employees’ salaries as contribution to their 401(k) plans via company stock that vests after five years. Safe drivers who use company cars are rewarded up to $750 annually for their clean records. Despite a shake-up involving layoffs and a service group spin-off in 2013, 90 percent of employees say they're proud to work at Chesapeake and more than 87 percent of employees say that it's still a great place to work. Part of the reason? Movie nights at the corporate campus, a day care for employees’ kids aged 6 weeks to pre-kindergarten, and new mothers get free health consultations.
Top 10 Fast-Moving Consumer Goods companies
Founded in 1919 in France, L’Oréal has grown into a multinational brand with over 82,000 employees, becoming one of the most internationally recognised FMCG companies worldwide.
Registering 498 patents in 2017, the business is focused on innovation and developing strong relationships with suppliers and partners. 100% of its strategically important suppliers will also take part in its sustainable development programme in 2020.
9. Phillip Morris
Despite various campaigns, over a billion people are set to smoke in 2025. Multinational FMCG company, Philip Morris remains a leading tobacco company, expanding its footprint into more than 180 key markets.
With 81,000 employees covering 80 languages in total, the company houses a comprehensive, agricultural supply chain; sourcing 400,000 metric tonnes of tobacco each year in partnership with 350,000+ tobacco farmers. The company has also sought to embrace the manufacture of electronic devices for heated tobacco products and e‑cigarettes.
Launched in the 1950s, global Brazilian food industry leader JBS is now home to 300 production facilities with over 10 billion-dollar brands under its umbrella., such as Seara, Swift, Friboi, Doriana, Moy Park, Pilgrim’s, Primo and more.
Serving more than 300,000 customers, it is the world’s largest company in the beef sector, with over 235,000 employees. Its Legal Supplier Programme has enabled beef suppliers to adapt to Brazil’s environmental legislation, whilst the Green Light Pact initiative has seen cattle breeding centres in Mato Grosso do Sul, Brazil improve their production practices.
7. Coca Cola
Coca-Cola’s wide-ranging distribution network, strong portfolio and exceptional marketing capabilities have made it one of the most iconic FMCG companies in the world.
Available in over 200 countries, its products are supplied through one of the world’s largest beverage distribution networks, where suppliers must adhere to its Sustainable Agriculture Guiding Principles (SAGP) and Supplier Engagement Program.
Adopting SmartLabel technology across its manufacturing operations, the business is also leading the way in the identification, implementation and sharing of best practices. Each product now houses a QR code, providing complete transparency. The company is also looking to reduce the emissions from its production processes, where 42% of energy used at its sites is sourced from renewable energy sources.
Originally established by combining three big companies: Interbrew, Ambev and Anheuser-Busch, Belgian-Brazilian beverage company AB InBev is officially the world’s largest beverage business.
Selling over 500 beer brands, such as Budweiser, Corona, Leffe and Quilmes in more than 100 countries, the company is acutely aware of its need to frequently adapt and enhance its distribution network.
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Partnering with nearly 50,000 farmers, the business is committed to sustainable sourcing, where its flagship platform, SmartBarley has utilised data analytics to support more than 5,000 enrolled farmers improve their productivity and environmental performance. AI and blockchain will also support its manufacturing capabilities.
Housing some of the most recognisable everyday brands, Unilever’s aggressive acquisition strategy and strong brand presence has seen it become a household name across 190 countries worldwide. Its R&D centres have sought to fully bolster its manufacturing operations and vast distribution network, where the business has maintained its zero non-hazardous waste-to- landfill agenda since 2017.
Additionally, a number of its initiatives have provided employment opportunities to those in rural areas. Unilever’s Sustainable Living Plan (USLP) has enabled half of the company’s agricultural raw materials, such as palm oil to become sustainably sourced. Not only that, 26 sustainable living brands are now situated under the company’s umbrella.
The main rival to Coca-Cola, PepsiCo’s beverages, as well as its food products continue to grow in popularity and demand.
Harnessing significant brand awareness, the Fortune 500 company is one of the most admired companies in the world. Its six global divisions form part of its aim to transform its products which are delivered through its extensive distribution network to meet the ever-evolving needs of customers.
Following from its acquisition of personal care company Gillette in 2005, Procter & Gamble has become one the largest FMCG companies, with operations in up to 70 countries.
Providing a range of personal and consumer health products to five billion customers, the company’s recent plans to acquire the consumer health division of Merck Group, as well as implementing a new simplified management structure will form part of its 2020 vision.
2. Johnson & Johnson
A firm family favourite, Johnson & Johnson remains one of the most influential FMCG companies. With products in three categories, Consumer Healthcare, Medical Devices and Pharmaceuticals, the business has grown at a considerate pace, with up to 250 subsidiaries under its umbrella.
The company’s complex, global distribution network and diverse supplier base has seen the business embrace new technologies across its network, as it continues to thrive in its role in delivering quality products and services at affordable prices for consumers.
1. Nestle AG
Undertaking a number of corporate acquisitions, Swiss food and beverage company, Nestle has become the largest in the world, with more than 2000 brands available in 189 countries.
Home to the world’s largest private food and nutrition research organisation, the company invested US$1.7bn in its research capabilities in 2017 alone, supporting its 30 R&D facilities worldwide. Its recent partnership with Starbucks will see the business bolster its complex distribution network.
Additionally, in alignment with UN Sustainable Development Goals, Nestle is striving for zero environmental impact across its operations. Providing clear labels across its manufacturing lines, the company provides nutritional knowledge as well as supporting local farmers who provide high quality ingredients within its sustainable sourcing efforts.