Plante & Moran Scores Big on Fortune's 'Best Companies' List
Leading the small group of CPA firms that made the latest annual Fortune 100 Best Companies to Work For list is Michigan-based Plante & Moran, once again breaking into the top ten on the prestigious list. The list captures the top workplaces in the country for 2001 that have been in business for at least seven years and that have at least 500 employees.
Plante & Moran ranked 7th on the list, exceeding last year's 10th place ranking and the 1999 ranking of 17th. Also making an appearance on the list is Deloitte & Touche in 35th place, down from last year's 32nd place and the 1999 ranking of 31st, and Ernst & Young, 87th place for 2001, up from its 98th place ranking in 2000. E&Y ranked 86th in 1999.
Noticeably missing from this year's list are Andersen and Enron, both of which placed on the list last year.
Companies nominate themselves for the list. For the 2001 list, 279 companies applied, up from 234 the previous year. Employees are surveyed, and the companies respond to a questionnaire. This year 44,848 employees participated in the surveys.
Criteria for inclusion on the list are varied depending on what makes certain types of employees satisfied. This year's candidates showed willingness to come up with creative ways to keep employees happy and to treat them with respect and dignity in the face of a recession and substantial cutbacks in many industries. This year's survey was unique in that it encompassed the reaction of companies to the tragedies of September 11. Companies that rose to the top were those that provided corporate donations to relief groups, guaranteed the difference between military pay and an employee's regular salary in the case of those who had to serve in the military, and provided creative alternatives such as retraining and generous severance to victims of necessary layoffs.
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