Top 9 Companies With The Best Job Security

By Michael Kling


job securityWith unemployment just over 10%, job security is one of the top desires of employees today. Along with good pay and benefits, people want to find a company that's not going to give them a pink slip any time soon.

Here's a group of companies that earn high marks in that regard. Nine companies on Fortune magazine's 100 Best Companies to Work For list for 2009 have never undergone layoffs - ever.


1. Nugget Market

Nugget Market has avoided layoffs because of careful job placement and shrewd labor management. Instead of laying off workers, the 81-year-old grocery store refrains from replacing employees who leave. Its stores are 15 miles from each other, making it easier to fill positions, and employees are trained to fit various roles. The Woodland, Calif.-based supermarket chain filled 173 jobs, for a 22% job growth in the year before the list was released in February.


Sandwiched between Goldman Sachs and Adobe Systems, the store ranked number 10 on the overall list. Store directors make an average of $116,440 in annual salary, and checkers, the most common hourly workers, earn $34,490. The store also offers 100% health care coverage.


2. Devon Energy

Devon Energy, an oil and gas producer headquartered in Oklahoma City, takes a conservative approach to its finances, yet still treats its employees well. Ranked 13 on the overall list, it started a 401(k) retirement plan featuring company contributions of 11-22%.

Flexible and prudent management helps avoid layoffs. The company, which cut its operating budget before the recession, withholds raises in bad years but gives midyear pay increases in good times.


3. Aflac

Aflac, known for its quacking duck ads, sells supplement insurance. The company, based in Columbus, Ga., keeps its eyes on its budget and ears open to employees. Employee suggestions like telecommuting and flex schedules have saved it millions of dollars. Other company benefits include an onsite fitness center, subsidized gym membership and the largest onsite corporate child care center in Georgia.

>> Find a job with Aflac


4. QuickTrip

Because the 24-hour convenience store is privately held, it can send profits back to its stores and workers instead of shareholders. Smart financial management has helped it thrive in the downturn. It offered over new 1,400 jobs last year. Wages and benefits are so good that over 200 employees have stayed with the company more than 20 years.


5. The Container Store

The storage retailer, based in Coppell, Texas, froze salaries and watched spending to avoid layoffs. Still, it kept expanding last year, opening four stores and adding 70 employees. Extensive employee training makes the company stand out.

>> Find a job with The Container Store


6. NuStar Energy

Considering layoffs harmful to company productivity, management avoids them like the plague. The San Antonio-based pipeline and refinery operator also offers bonuses that can exceed $10,000 and 100% 401(k) matches for up to 6% of pay.


7. Stew Leonard's

Known for flashy store displays, the privately-held grocery chain focuses on customer service and long-term sales rather than short-term earnings. CEO Stew Leonard Jr. says selling groceries is a stable business, which helps avoid layoffs. No matter how the economy is faring, people still have to eat.

>> Find a job with Stew Leonard's


8. Scottrade

The privately-held online discount brokerage as cut bonuses instead of cutting employees. A conservative growth strategy has also helped it avoid layoffs.

>> Find a job with Scottrade


9. Publix Super Markets

A strong balance sheet with no debt helped the grocery chain acquire 49 stores and hire over 1,250 people last year. In its 79 years, it has never had layoffs. No wonder - it's entirely owned by employees.

>> Find a job with Publix Super Markets


Besides never laying off employees, at least as of early this year, companies on the list are also some of the best to work for. Treating employees well means good pay and benefits - two factors that are attracting all the right workers.




Next: Top 10 Companies Hiring This Week >>



See Also:

Find a Job

Search by Company | Search by Industry

Add a Comment

*0 / 3000 Character Maximum

112 Comments

Filter by:
SPANKY

WHAT ARE YOU TALKING ABOUT..............PICKING ONIONS DONT HAVE UNIONS, THEY HAVE OTHER PEOPLES STOLLEN CARDS AND OTHER FRAUDULANT NUMBERS....FURHERMORE UNIONS DONT WANT ELIGALS.

December 23 2009 at 7:22 PM Report abuse rate up rate down Reply
Chris

aflac...yeah who is buying supplemental ins right now?? People are trying to keep there normal ins going let alone supplemental..bunch of hooplah

November 17 2009 at 8:48 AM Report abuse rate up rate down Reply
mzztlove

UNION?? LOL YOU'RE KIDDING RIGHT? I WORKED FOR AT&T A UNION JOB, I GOT HURT ON THE JOB BY A MANAGER YES A MANAGER HORSEPLAYING. I HAD SURGERY 2 TIMES ON MY SPINE.. THE FIRST FROM THE MANAGER KICKIND DOWN THE PANEL( HYDROLIC) ON MY CHAIR... THE SECOND SURGERY I HAD AS A RESULT OF ANOTHER CHAIR COLLAPSING WHEN I SAT ON IT AND NO I DONT WEIGH A TON.. WITH A UNION STEWARD WITNESSING THE ACCIDENT.. I WAS TURNED DOWN FOR WORKMANS COMP AND ALSO I WAS FIRED WHILE ON DISABILITY BECAUSE THE SHORT TERM DISABILITY DENIED MY EXTENSION 8 WKS AFTER MY SECOND SPINAL SURGERY, AND TO ADD INSULT I WAS FIRED FOR NOT RETURNING TO WORK.... NOW YOU TELL ME THE UNION COULDN'T WIN THIS AND GET MY JOB BACK? OR FIGHT THE WORKERCOMP AND GET ME PAID FOR MY INJURY?? WELL I HAD TO FIGHT IT OUT IN COURT AND TRUST ME I WOULD OF DID BETTER TO THROW MYSELF OUT OF A MOVING VEHICLE AND JUST DIED, BECAUSE THE PENNIES THEY GAVE ME FROM MY SETTLEMENT WAS AND STILL IS AS LAUGHABLE AT THE FACT THIS COMMUNICATIONS COMPANY ONE OF THE LARGEST IN THE BUSINESS COST ME MY HEALTH MY JOB MY HOME CARS AND FINANCIAL STABILITY, AND THOUGHT NOTHING OF IT... SMH

November 15 2009 at 11:49 PM Report abuse rate up rate down Reply
Sparky

I don't think the factory that makes Twinkies ever let anybody off.

November 15 2009 at 11:42 PM Report abuse rate up rate down Reply
Dan

So does the United States Marine Corps. The separations are due to work related death or life changing injuries. Do you really want to live forever? Get some.

Semper fi.

November 15 2009 at 11:41 PM Report abuse rate up rate down Reply
Simon

I am a loyal customer of Publix. The employees have a great attitude and, unlike so many other retailers, are totally customer-oriented and focused on customer satisfaction. Winn Dixie? Are you kidding?

November 15 2009 at 11:25 PM Report abuse rate up rate down Reply
M

I don't understand why Devon is still on this list. Tell the 100 people that got laid off in June at the Houston location (I was one of them) that there have never been layoffs. I have the paperwork if you need to see it.

November 15 2009 at 9:23 PM Report abuse rate up rate down Reply
Tinman0670

I know a guy that worked at Winn Dixie for 36 years and quit and went to Publix. He came in to the WD one day and told me that Publix started him off at a little less then what he was making, but he'd be making more then he did at WD in no time. He told me he got a Christmas bonus, not much of one because he had just started working there, but he told the manager not to apologize cause at WD there was no such thing as a bonus. There is no worse place to work then WD. If you work in Pembroke Pines, you better be Cuban, otherwise you'll find yourself gone. The Cuban Mafia will get you, like they did me (pay cut & transferred), Pat (cut to part time, pay cut, and she quit), Luis (quit and went to Publix and loves it!), Tammy (transferred), Joe (cut to part time), Kevin, Miguel, & Christian (all fired). What do we have in common? We weren't Cuban and were all replaced with Cubans.

November 14 2009 at 4:31 AM Report abuse rate up rate down Reply
cathy

I worked at a Publix store in Jacksonville,FL and it was horrible.They do fire people and they do let people go that is a fact I seen it first hand.And they also expected you to do the jobs of 5 people for one pay.And if you didn't you were out the door.So I can't imagine where anyone gets their stats on really great companies where you can work,but if you want to put of with alot crap than Publix is a place I guess if you want to get treated like crap.I left because the way they treated me was not acceptable in a work enviroment.Now you go figure.

November 10 2009 at 1:09 AM Report abuse rate up rate down Reply
dh

grown up union are bad!

November 09 2009 at 10:20 PM Report abuse rate up rate down Reply
1 reply to dh's comment
Union Yes!

Get a degree and learn the law.

Unions are GREAT!

November 10 2009 at 6:26 PM Report abuse rate up rate down Reply

Search Articles

Top Companies Hiring

Week of Sep 14 - Sep 21
View All

Featured Writers

Meet the team

Picks From the Web