Excerpts from CNNoney
Even in this economy, some companies are going out of their way to please employees. This year, there's a new no. 1, as NetApp pushes Google to no. 4.
What makes it so great?
Employee enthusiasm for the legendary egalitarian culture helped catapult NetApp to No. 1 after six years on the list.
Typical of its down-to-earth management ethos, NetApp early on ditched a travel policy a dozen pages long in favor of this maxim: "We are a frugal company. But don't show up dog-tired to save a few bucks. Use your common sense." Rather than business plans, many units write "future histories," imagining where their business will be a year or two out.
And the benefits are tops: five paid days for volunteer work, $11,390 adoption aid, and autism coverage -- used by 43 employees since 2006 at a cost of $242,452. The company has gained market share during the slump, hasn't had layoffs, and has more than $2 billion in cash on hand to help it ride out the global financial crisis
#15 in Top Paying companies list
Average total pay: $134,716For: Member Technical Staff, Software 4
NetApp, which has a Technical Support Center open 24 hours, also pays employees working night shifts extra. Staffers working between 1 p.m. and midnight earn 10% more; those working between 11 p.m. and 8 a.m. get a 15% differential. Last year, 98% of NetApp employees received incentive bonuses, which totaled $47 million. And every new employee gets stock options and restricted stock awards.
What makes it so great?
Employee enthusiasm for the legendary egalitarian culture helped catapult NetApp to No. 1 after six years on the list.
Typical of its down-to-earth management ethos, NetApp early on ditched a travel policy a dozen pages long in favor of this maxim: "We are a frugal company. But don't show up dog-tired to save a few bucks. Use your common sense." Rather than business plans, many units write "future histories," imagining where their business will be a year or two out.
And the benefits are tops: five paid days for volunteer work, $11,390 adoption aid, and autism coverage -- used by 43 employees since 2006 at a cost of $242,452. The company has gained market share during the slump, hasn't had layoffs, and has more than $2 billion in cash on hand to help it ride out the global financial crisis
#15 in Top Paying companies list
Average total pay: $134,716For: Member Technical Staff, Software 4
NetApp, which has a Technical Support Center open 24 hours, also pays employees working night shifts extra. Staffers working between 1 p.m. and midnight earn 10% more; those working between 11 p.m. and 8 a.m. get a 15% differential. Last year, 98% of NetApp employees received incentive bonuses, which totaled $47 million. And every new employee gets stock options and restricted stock awards.
