AARP's 2007 Best Employers For Workers Over 50

Filed under: Career ChangePrint Article

Posted Jan 26th 2009 2:32PM

For the seventh year, AARP is honoring innovative employers that have created welcoming workplaces for their 50-plus employees.aarp

Baby BoomersFor the seventh year, AARP is honoring innovative employers that have created welcoming workplaces for their 50-plus employees. This time around, we included a twist in the selection process: In addition to each employer's submitting an almost 60-page application detailing the company's benefits and employment practices, older employees got to add their two cents in the form of an anonymous survey. The results confirmed our suspicions: The winning employers are listening to their valued 50-plus workers and adding perks and programs tailored to their unique needs. With that in mind, we present our Top 10 for 2007. (Find 40 additional companies honored by AARP for valuing older workers on AARP The Magazine Online.)

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1. SC Johnson
Racine, Wis.
Consumer Products
3,297 employees; 35 percent 50+ (28 percent of managers, 38 percent of executives)

Recruiting Practices: 3
Training and Development: 5
Health Benefits: 5
Pension Plans: 4
Alternative Work Arrangements: 4

It's easy to wax poetic about the ways multinational SC Johnson proves its commitment to helping employees maintain a healthy work-life balance, starting with compressed work schedules, paid sabbaticals, summer hours, and a December ''holiday shutdown.'' And if all that weren't enough employees, retirees, and their families can stay in shape at the Johnson Mutual Benefits Association/Wellness Center, which offers a multitude of recreation and fitness programs (retiree bonus: no dues).

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2. Mercy Health System
Janesville, Wis.
Health Care
3,721 employees; 28 percent 50+ (32 percent of managers, 91 percent of executives)

Recruiting Practices: 5
Training and Development: 5
Health Benefits: 4
Pension Plans: 4
Alternative Work Arrangements: 4

We especially admire the way Mercy looks out for its workers' health. For example, it recently increased the number of paid-in-full screenings available to employees who seek health care within the system's facilities. Another impressive perk: Mercy has a free concierge program that will secure services such as home cleaning, car repair, and dry cleaning; arrange trips and vacations; and obtain tickets to area attractions, often at a discount.

*Bernard E. Nash Award for Innovation recipient for its flexible-scheduling options.

Jobs at Mercy Health System | More Health Care Jobs


3. First Horizon National Corporation
Memphis, Tenn.
Financial Services
12,208 employees; 23 percent 50+ (24 percent of managers, 36 percent of executives)

Recruiting Practices: 5
Training and Development: 5
Health Benefits: 5
Pension Plans: 5
Alternative Work Arrangements: 5

Forward-thinking First Horizon helps employees 50 and older prepare for retirement by pairing them with a Retiree Employee Services Relationship Manager (ESRM), who reviews the individual employee's situation and helps evaluate how such factors as years of service and age at retirement will impact benefits and finances in retirement. Retirees who have questions are welcome to turn to their ESRM for answers and guidance. For employees who want to ease into retirement rather than quit work cold turkey, First Horizon allows workers with at least one year of service to trim their workweek down to 20 to 32 hours and still receive full benefits.

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4. Scripps Health
San Diego
Health Care
11,119 employees; 31 percent 50+ (42 percent of managers, 69 percent of executives)

Recruiting Practices: 5
Training and Development: 5
Health Benefits: 4
Pension Plans: 5
Alternative Work Arrangements: 5

This year marks the third time Scripps has landed in our Top 10. The secret behind this consistently high performance? Scripps surveys its employees and acts on their suggestions for improvement. One recent result: a new tax-free retiree health account, which allows employees to save pretax dollars that won't be taxed later if used for health care expenses in retirement.

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5. Stanley Consultants
Muscatine, Iowa
Consulting Services
1,018 employees; 30 percent 50+ (47 percent of managers, 44 percent of executives)

Recruiting Practices: 3
Training and Development: 4
Health Benefits: 5
Pension Plans: 2
Alternative Work Arrangements: 3

Stanley bends over backward to give its employees scheduling options, recently adding a new Personal Time Off program that combines vacation and sick leave into one account so employees can use their paid time off in the way that works best for them. Retirement is also flexible at Stanley -- about 75 percent of retiring employees take advantage of the phased retirement program, which is tailored to each individual.

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6. Lee Memorial Health System
Fort Myers, Fla.
Health Care
8,595 employees; 37 percent 50+ (48 percent of managers, 48 percent of executives)

Recruiting Practices: 5
Training and Development: 5
Health Benefits: 4
Pension Plans: 3
Alternative Work Arrangements: 5

Older workers scaling back their hours have a champion in Lee Memorial. While most companies require employees to work at least 20 hours a week to get benefits such as health insurance and tuition reimbursement, Lee Memorial provides these to employees who work as few as 16 hours a week.

Jobs at Lee Memorial Health System | More Health Care Jobs


7. Leesburg Regional Medical Center and The Villages Regional Hospital
Leesburg, Fla.
Health Care
2,658 employees; 38 percent 50+ (40 percent of managers, 56 percent of executives)

Recruiting Practices: 5
Training and Development: 5
Health Benefits: 3
Pension Plans: 3
Alternative Work Arrangements: 5

LRMC/TVRH offers its employees an impressive range of alternative work schedules. One example: The ''summers off'' program allows workers to spend their winters in the Sunshine State and head to cooler climes for the hottest months of the year -- participating employees work for nine months and get three months off while retaining their benefits and job security.

Jobs at LRMC and The Villages Hospital | More Health Care Jobs


8. George Mason University
Fairfax, Va.
Higher Education
5,760 employees; 48 percent 50+ (58 percent of managers, 63 percent of executives)

Recruiting Practices: 4
Training and Development: 3
Health Benefits: 5
Pension Plans: 5
Alternative Work Arrangements: 4

George Mason wins plaudits for its treatment of retirees, who are encouraged to continue their association with the university through its Retiree Connection program, which includes special events, workshops, and discounts. In addition, GMU retirees receive lifetime access to campus libraries and discounts to the Patriot Center (including basketball games) and the Center for the Arts.

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9. Principal Financial Group
Des Moines, Iowa
Financial Services
13,100 employees; 19 percent 50+ (19 percent of managers, 37 percent of executives)

Recruiting Practices: 5
Training and Development: 5
Health Benefits: 5
Pension Plans: 4
Alternative Work Arrangements: 4

Principal prides itself on listening to its employees and making changes based on their suggestions. Case in point: After surveying employees, the company recently increased its 401(k) match. Another attention grabber: Principal has teamed up with Manpower for the Happy Returns Program, in which retirees are hired on a temporary basis -- allowing them to continue working and earning while drawing on their pension.

Jobs at Principal Financial Group | More Financial Services Jobs


10. Massachusetts General Hospital
Boston
Health Care
19,480 employees; 27 percent 50+ (40 percent of managers, 68 percent of executives)

Recruiting Practices: 5
Training and Development: 5
Health Benefits: 5
Pension Plans: 5
Alternative Work Arrangements: 5

After debuting at number 39 on last year's list, Massachusetts General shot up an amazing 29 spots into the Top 10. One reason? The hospital's dedication to providing employees with opportunities to continue their education and grow professionally. Examples: It expanded its tuition reimbursement to include certificate programs, and it launched 'Steps to Success', a program to guide and support employees in career development and transitions.

Jobs at Massachusetts General Hospital | More Health Care Jobs

See Companies 11 to 50 at AARP The Magazine Online

Next: Companies That Hire Home-Based Workers >>

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Anyone 50 or over can get all the great discounts and benefits of membership in AARP for only $12.50 a year.

-- Membership Benefits

-- Join AARP Today


* Bernard E. Nash Award for Innovation This annual award is presented to companies whose creative and forward-thinking practices are designed to truly benefit the 50+ worker.

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