Top Insurance Workplaces Named
Based on input from employees, Northwestern Mutual and Travelers among top 50.
Insurance Networking News, January 6, 2011
Some well-known insurers join the ranks of the most popular places to work, according to Glassdoor.com, an online career community that released its Glassdoor Best Places to Work list. The list represents employees' choice, identifying the top 50 workplaces, according to employees who have completed surveys on the Glassdoor website.
The ranking is determined by employee survey responses on Glassdoor, which asks employees to complete a 20-question company survey that captures employees' attitudes about: career opportunities, communication, compensation & benefits, employee morale, recognition & feedback, senior leadership, work/life balance, and fairness & respect.
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The resulting employer rating scale includes: 4.51-5.0 = “Very Satisfied” 3.51-4.5 = “Satisfied.”
The following insurers were ranked within the top 50:
Northwestern Mutual: 22nd
MassMutual: 29th
Travelers Companies: 31st
State Farm: 38th
Of note, two companies that provide technology and/or consulting services to the insurance industry ranked within the top 10, with Bain & Company ranked 3rd and SAS taking the number 7 spot.
Glassdoor says that unlike many workplace-related awards that require companies to self-nominate, the career site relies solely on the input from employees. For consideration in the program, an employer must have had at least 25 of its employees complete a survey.
Glassdoor bills itself as a free career community where anyone can find and anonymously share an inside look at jobs and companies. The information it provides is obtained from current and former employees, interview candidates, and even the companies themselves. The site includes information on more than a million salaries, company reviews, interview questions, office photos, and more. In turn, its proprietary JobScope technology provides job seekers with the ability to browse job listings and get instant, in-depth details about thousands of companies, including reviews from employees, salary information, recent news coverage, and more.
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