The Principal® 10 Best Companies Judging
How are winners selected?
An independent panel of financial services and human resources experts selects the winners based on their commitment to benefits that contribute most to the long term financial security of employees. Find out who is on the judges panel.
What are the companies being judged on?
The evaluation process has been designed in conjunction with Mathew Greenwald & Associates, Inc., a leading independent research firm based in Washington, D.C. The companies will be evaluated based on criteria such as:
- The breadth of financial benefits offered: Do the number and type of benefits cover key life events such as retirement, disabilities, death and illness?
- The depth of financial benefits offered: How well do the benefits cover life events as measured by employer matches, co-pays, eligibility requirements, etc.?
- The level of commitment by the company to the financial security of employees as demonstrated by the way in which financial benefits are presented and managed: education, communication and the culture of the company determine how well financial benefits are maximized by employees and thus contribute to a sense of financial security.
- The judges consider each entrant’s industry, strength of benefits for that industry, and the demographics of each company’s work force when making their selection.
Providers of benefits are not named or considered during any part of the entry, judging, or recognition process.
Will judges will take into account the current challenging economic environment?
Entries will be evaluated in the context of current, unprecedented market conditions. They recognize many companies may need to make adjustments in their programs. Judges will look for companies who are responding to those conditions in ways that least impact the long term financial security of their workforce.
