What does it take to be the best? It depends on a lot of things. For class valedictorian, it is grade point that matters. Want a gold medal in the Olympics? You need to be the strongest, fastest or most accurate. To be President of the United States, you need more electoral votes than anyone else.
But, what about being the best in offering your employees financial security? For the past 11 years, the Principal Financial Group® has helped employers answer that very question through The Principal® 10 Best Companies for Employee Financial Security program. This program recognizes ten growing companies each year that demonstrate outstanding commitment to their employees’ total financial security, innovation and corporate culture.
The winners are chosen by an independent panel of benefit experts. Past winners are a diverse group of companies. Winners have spanned industries including: manufacturing, service, financial – and even a sand and gravel quarry. Every region of the United States has been represented. Companies as small as 5 employees and as large as 1,000 have applied.
Working with Harvard Business Review Analytic Services a study has been published highlighting what made the past winners stand out from their peers. You can see the entire report at: http://www.principal.com/businesses/planningcenter/employeebenefits/research/principal-10-best-hbr.htm
Does your company have what it takes to be a 2013 10 Best winner? You can benchmark your benefit plan to the 2012 winners at: http://www.principal.com/businesses/planningcenter/employeebenefits/bestpractices/10best-benchmarking.pdf.
Being named a 10 Best winner is more than just a reward; it’s a validation that your investment in your employees has been recognized by an objective third party. Winners receive many benefits including:
- Recognition in Inc. Magazine – December issue
- National and local recognition in the media
- An advertisement in your local business journal
- A donation of $2,500 to a local charity
- A crystal award for company display
- The distinction of using the honor for recruiting and retention efforts
Entering is fast and convenient through a short application, available online at www.principal.com/10best. The entry deadline is August 30 – so act quickly.
In addition to blogging here, I also tweet regularly about topics of interest to ESOPs. Click to follow me on Twitter – @jlripperger.
While this communication may be used to promote or market a transaction or an idea that is discussed in the publication, it is intended to provide general information about the subject matter covered and is provided with the understanding that none of the member companies of The Principal are rendering legal, accounting, or tax advice. It is not a marketed opinion and may not be used to avoid penalties under the Internal Revenue Code. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax or accounting obligations and requirements.
Insurance products and plan administrative services are provided by Principal Life Insurance Company, a member of the Principal Financial Group® (The Principal®), Des Moines, IA 50392.