QuikTrip, Valero Top Fortune's 100 Best Companies to Work For
NEW YORK -- From dinner with company founders to assistance when buying a home, the employee perks offered by companies on Fortune Magazine's list of 100 Best Companies to Work For is enough to make anyone envious. Two c-store companies made the list in 2009 -- QuikTrip and Valero Energy -- at posts 27 and 93, respectively.
QuikTrip, based in Tulsa, Okla., jumped one spot from its 2008 rank of No. 28. The magazine cited its employee loyalty as a reason why it made the list, stating, "Employees are treated so well at this 24-hour convenience chain -- wages, benefits and training -- that they stay around for the long haul: More than 200 have been here more than 20 years." Voluntary turnover at the firm is 14 percent the report stated.
Its 10,159 employees have access to benefits including paid sabbactial and 100 percent healthcare coverage. The most common salaried position is store manager, with an average annual salary of $62,936. It's most common hourly position is relief assistant, with an annual average salary of $40,080, according to the report.
Valero Energy slipped to No. 93 on the list, after placing at 67th in 2008. Fortune Magazine identified Valero CEO Bill Klesse's commitment to his employees after Hurricane Gustav as a reason for making the list. Klesse reportedly assured employees that Valero would not be severely impacted by financial storms, and employees received financial assistance from the company to rebuild homes.
Valero's 16,881 U.S. employees and 4,575 workers outside the U.S. have access to perks such as onsite child care and fitness center, compressed workweeks and telecommuting opportunities. The most common salaried position at Valero is maintenance supervisor, with an annual average salary of $101,602, and the most common hourly job is operators, making an average of $99,003 per year.
CSNews Executive Editor Tammy Mastroberte discusses the importance of perks in the current economy in today’s Spare Change blog post. Click here to view the post and share your thoughts.
QuikTrip, based in Tulsa, Okla., jumped one spot from its 2008 rank of No. 28. The magazine cited its employee loyalty as a reason why it made the list, stating, "Employees are treated so well at this 24-hour convenience chain -- wages, benefits and training -- that they stay around for the long haul: More than 200 have been here more than 20 years." Voluntary turnover at the firm is 14 percent the report stated.
Its 10,159 employees have access to benefits including paid sabbactial and 100 percent healthcare coverage. The most common salaried position is store manager, with an average annual salary of $62,936. It's most common hourly position is relief assistant, with an annual average salary of $40,080, according to the report.
Valero Energy slipped to No. 93 on the list, after placing at 67th in 2008. Fortune Magazine identified Valero CEO Bill Klesse's commitment to his employees after Hurricane Gustav as a reason for making the list. Klesse reportedly assured employees that Valero would not be severely impacted by financial storms, and employees received financial assistance from the company to rebuild homes.
Valero's 16,881 U.S. employees and 4,575 workers outside the U.S. have access to perks such as onsite child care and fitness center, compressed workweeks and telecommuting opportunities. The most common salaried position at Valero is maintenance supervisor, with an annual average salary of $101,602, and the most common hourly job is operators, making an average of $99,003 per year.
CSNews Executive Editor Tammy Mastroberte discusses the importance of perks in the current economy in today’s Spare Change blog post. Click here to view the post and share your thoughts.