The FINANCIAL — The Boston Consulting Group (BCG) has extended its remarkable streak near the top of Fortune’s100 Best Companies to Work For list. Ranking number three, BCG has made the top five for six years in a row and is one of only two companies to make the top dozen every year since it began participating in 2006.
The firm also continues to enjoy the highest ranking among management consultancies by a wide margin.
BCG’s emphasis on investment in its people, high-impact client work, a collaborative culture, career flexibility and mobility, extensive training, world-class benefits, and a commitment to social-impact work have all contributed to the consistently strong performance on the list.
In its profile of BCG, Fortune highlighted one of the firm’s innovative work-life balance programs, called PTO (Predictability, Teaming, and Open Communication), which helps increase work predictability and career sustainability. “PTO has been a hit with employees. One consultant told us: ‘PTO is proof [that] BCG really cares about making our lives manageable and makes sure we don’t drop the ball on key life events. This is one of best things about the company, and it is unique in the industry.’” PTO has led to a 74% increase in reported intentions to stay at BCG for the long term.
Specific benefits offered by the firm include 100% coverage of employees’ health-care premiums, generous leave-of-absence programs, internal fellowships, and tuition reimbursement. BCG’s LGBT-friendly benefits and practices have also been recognized as top-notch.
Earlier this year, BCG earned the number-five spot on Fortune’s first-ever 50 Best Workplaces for Diversity list. (For more information on BCG’s diversity and inclusion initiatives, please visit here.)
Great Place to Work, which provides the research underlying the Fortune rankings and conducts an extensive employee survey, noted in its review of BCG that:
98% of employees say, “We have special and unique benefits here.”
97% say, “I’m proud to tell others I work here.”
96% say, “People here are willing to give extra to get the job done.”
96% say, “People here are given a lot of responsibility.”
Tom Reichert, BCG’s chairman of North America, commented: “We are again honored by this recognition. The fact that we’ve stayed in the top five for six consecutive years and in the top dozen for 11 straight years is testament to our ongoing commitment to provide unparalleled support, development, and benefits to everyone on our team. Attracting top talent and maintaining an environment in which employees can quickly develop have been key to our success and our ability to deliver enormous value to clients. Recognitions like this confirm that our efforts are distinctive and, based on the impact we have with clients and our client retention and growth, highly effective.”
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