It’s not just about money, as Fortune’s new “100 Best Companies to Work For 2007” list shows. And five of those best places are in Pennsylvania:
- Alcon Laboratories, an eye-care company with 581 employees in Sinking Spring, ranked No. 65 in the nation and highest in the state. The company scored big for paying 90 percent of employees’ health insurance premiums and running a 24-hour fitness center.
- Proctor & Gamble, with 4,784 employees in its Mehoopany location, ranked No. 68 for keeping employees connected through anonymous hotlines and online Q&A sessions with its CEO.
- Lehigh Valley Hospital & Health Network came in at No. 80 for free health care and bonuses tied to patient satisfaction and financial results.
- Vanguard, with 8,771 employees in its Valley Forge headquarters, ranked No. 95 and was cited for exceptional employee loyalty.
- IKEA followed at No. 96, employing nearly 1,100 in its Philadelphia facility.
Fortune based the rankings on standard criteria such as job growth, wages, benefits, educational opportunities, employee turnover and the percentage of women and minority employees.
While health care was key across the board, it’s noteworthy how many factors weren’t big-ticket items. Employees cited Alcon’s $200 exercise incentive program, P&G’s innovative communications and Vanguard’s solid corporate ethics as key to their job satisfaction.