Home improvement companies named ‘Best Places to Work’
In its annual list of “Best Places to Work,” Fortune magazine has named Container Store to the 20th spot for 2008.
The Coppell, Texas-based Container Store was credited for its high pay, even following an acquisition last year.
“Though a private equity firm took a majority stake in the retailer, it has kept top entry-level pay 50 percent to 100 percent higher than the retail average,” the magazine said in a statement on “what makes it so great?’
Cleveland-based Sherwin-Williams also made the list, at 98, for its high retention rate.
“The 142-year-old paint company wants recruits for the long haul: 10 percent of work force has more than 20 years' service; 30 percent, more than 10 years,” the magazine said.
“We're particularly gratified by the fact that two-thirds of our total score comes directly from surveys of more than 400 Sherwin-Williams employees selected at random,” said Christopher Connor, chairman and CEO of Sherwin-Williams, in a statement. “They make Sherwin-Williams a great company to work for.”
Notably, one home builder made the list -- David Weekley Homes, at number 17. In the face of a downturn in the housing market, the Houston-based home builder “canceled its annual reward trip and tripled severance pay for laid-off employees,” the magazine said.