Employee Ownership on Fortune's List of Best Workplaces to Retire From
Executive Director
Fortune magazine's annual list of the best workplaces to retire from again has strong representation from employee-owned companies. To create the list, researchers examined 600 organizations for "401(k) plans, health insurance, phased retirement offerings, defined pension benefits, and internal promotion rates" and created a list of the 30 best. Those 30 include organizations (such as law firms and nonprofits) for which employee ownership is not an option. Of the 20 companies with stock, six have employee stock programs. Four are ESOP-owned (TD Industries, Burns & McDonnell, Swinerton, and Marco Products), one is majority employee-owned through a stock purchase plan (R.W. Baird), and one (Edward Jones) has broad employee ownership through stock purchases.
The article includes highlights of each company written by Fortune. The summary for Burns & McDonnell emphasizes its employee ownership. It also includes links to the underlying analysis by the Great Place to Work Institute, such as this one for R.W. Baird.