Baird was recently featured in Ignites, a subscription news service for the mutual fund industry. The article highlights the six financial services firms on Fortune’s 2016 100 Best Companies to Work For® list, and notes the key benefits and policies that make the firms great places to work.
Following is an excerpt from the article, “Not All About Money; Benefits That Make For the ‘Best’ Firms”:
Equitable company culture weighed heavily in this year’s Fortune rankings. USAA (36th place overall) offers domestic partner benefits for same-sex marriages, Fortune notes. Goldman (51) gives “enhanced parenting leave,” or four weeks of paid leave for spouses and partners. Baird (6) has health insurance copays “geared to income,” meaning that the more employees earn, the more they pay; resource groups for minorities and women; and a health care stipend for transgender reassignment.
Leslie Dixon, chief human capital officer at Baird, says the company’s emphasis on inclusivity is often cited as the top reason employees want to work — and stay — at the Milwaukee-based company. In an e-mail, Dixon writes that the firm’s voluntary turnover rate is 7%, “much lower” than the 12% industry average. Likewise, Baird’s 17 senior-most leaders average 20 years of experience at the firm.
“An inclusive culture is crucial to our ability to attract, retain and develop the best talent in the industry,” she writes. “It’s the foundation of our business.”
Read the article (Ignites subscription is required for full access)