In Good Company
Consulting Magazine and Advertising Age both recently published their 2011 lists of the best places to work, with Bain & Company and Allen & Gerritsen topping the respective lists. (Must be something wicked good in that Boston air.) What makes them the best? Bain, ranked number one for a ninth consecutive year, topped five of the six categories in the Consulting survey: client engagement, firm culture, firm leadership, career development, work/life balance and compensation & benefits. Allen & Gerritsen, with a strong mentorship program, scored high on employee engagement, which Ad Age describes as "an indication of the degree to which employees feel involved and committed to their work. Key factors include open and transparent management, clear communication of company goals and obvious paths to promotion." Over 13,000 consultants participated in the Consulting survey, while around 12,000 employees responded to the Ad Age survey, conducted with Buck Consultants. Ad Age also surveyed employers.
Along with their high fives for the high scoring firms, the authors of the Consulting survey noted some warning signs for the consulting industry, anticipating high voluntary turnover for the foreseeable future. Reading about what the "best" companies do could provide some valuable tips to mitigate that concern for all professional services firms.
Posted on Tue, August 30, 2011
by Carol McAvoy