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Work @50+/2008
2008 Best Employers for Workers Over 50
November & December 2008
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The Rest of the Best
These forward-thinking companies also earned high marks for creating a welcoming workplace for 50+ employees.
11. National Institutes of Health
Bethesda, Maryland
Government
12. Central Florida Health Alliance
Leesburg, Florida
Health Care
13. Brevard Public Schools
Viera, Florida
Education
14. Massachusetts Institute of Technology
Cambridge, Massachusetts
Education
15. Atlantic Health
Morristown, New Jersey
Health Care
16. TriHealth, Inc.
Cincinnati, Ohio
Health Care
17. Mercy Health System
Janesville, Wisconsin
Health Care
18. Adecco Group North America
Melville, New York
Business Services
19. Beaumont Hospitals
Royal Oak, Michigan
Health Care
20. L.L. Bean, Inc.
Freeport, Maine
Retail
21. Massachusetts General Hospital
Boston, Massachusetts
Health Care
22. Jennings Center for Older Adults
Garfield Heights, Ohio
Health Care
23. Blue Cross and Blue Shield of North Carolina
Durham, North Carolina
Insurance
Ratings Guide
AARP evaluated each employer’s performance on a range of workforce practices beneficial to older workers. The five key criteria below are rated from 1 (worst) to 5 (best) in this article. These criteria, along with other criteria, influenced each employer’s overall ranking.
Recruiting Practices We noted how companies seek older workers. Some measures: Does the company target mature workers in its recruiting efforts? Do recruiting materials reflect the diversity of the people the company hopes to hire, including mature workers?
Training and Development An important part of any job is keeping skills sharp. AARP evaluated the companies’ skill-enhancing programs as well as how proactive companies were in encouraging employees to take part. Ditto for perks such as tuition assistance. T&D ratings also took into account whether the employer regularly conducts employee-opinion surveys and provides opportunities for new experiences, such as cross-training and temporary assignments.
Health Benefits We assessed each company’s medical, prescription-drug, vision, and dental insurance coverage, including the percentage of the premium that workers must pay and whether these benefits are offered to part-time workers and retirees. In addition, we looked for extras such as long-term care insurance.
Pension Plans Key measures: Do the companies offer traditional defined-benefit plans and/or defined contribution plans? Do they have other financial incentives such as stock options, profit sharing, or 401(k) automatic enrollment? Do they offer resources to help workers make informed decisions about retirement savings?
Alternative Work Arrangements We looked for opportunities such as telecommuting and flextime, which are important to workers with caregiving responsibilities. Another grade booster: phased retirement, in which employees receive benefits while working fewer hours.
24. Virginia Commonwealth University
Richmond, Virginia
Education
25. Pinnacol Assurance
Denver, Colorado
Insurance
26. Saint Vincent Health System
Erie, Pennsylvania
Health Care
27. National Rural Electric Cooperative Association
Arlington, Virginia
Nonprofit
28. Centegra Health System
Crystal Lake, Illinois
Health Care
29. Frankford Candy & Chocolate Co.
Philadelphia, Pennsylvania
Food Production
30. Nashoba Valley Medical Center
Ayer, Massachusetts
Health Care
31. George Mason University
Fairfax, Virginia
Education
32. Wells Fargo & Company
San Francisco, California
Financial Services
33. Horizon Blue Cross Blue Shield of New Jersey
Newark, New Jersey
Insurance
34. Harvard University
Cambridge, Massachusetts
Education
35. Northern California Presbyterian Homes & Services
San Francisco, California
Residential And Community Services
36. Manheim
Atlanta, Georgia
Wholesale Automobile Trade
37. ACUITY
Sheboygan, Wisconsin
Insurance
38. DentaQuest
Charlestown, Massachusetts
Insurance
39. The Aerospace Corporation
El Segundo, California
Nonprofit
40. Express Personnel Services
Oklahoma City, Oklahoma
Business Services
41. Nevada Federal Credit Union
Las Vegas, Nevada
Financial Services
42. Pepco Holdings, Inc.
Washington, D.C.
Utilities
43. Michelin North America
Greenville, South Carolina
Manufacturing
44. Intuitive Research and Technology Corporation
Huntsville, Alabama
Engineering
45. Pearson
Upper Saddle River, New Jersey
Publishing
46. CTTRANSIT
Hartford, Connecticut
Transportation
47. Vanguard
Valley Forge, Pennsylvania
Financial Services
48. Centers for New Horizons
Chicago, Illinois
Nonprofit
49. Hanson Professional Services Inc.
Springfield, Illinois
Engineering
50. FINRA
Washington, D.C.
Financial Services
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