Excelsior, MN (February 18, 2013)— Verizon picked up the No. 1 spot on the Training Top 125 for the second year in a row, earning its induction into the Top 10 Hall of Fame in 2014 after securing positions in the Top 10 for the last four consecutive years. No. 4 Farmers Insurance likewise punched its ticket to the Top 10 Hall of Fame next year. Top 5 newcomers Jiffy Lube International, Coldwell Banker Real Estate, and CHG Health Care Services nabbed Nos. 2, 3, and 5, respectively. This year, 25 newcomers cracked the Top 125 list.
Training magazine recognized the 2013 Training Top 125 winners with crystal awards and revealed their rankings during a black-tie gala held last night during the Training 2013 Conference & Expo at the Walt Disney World Coronado Springs Resort. Themed “An Enchanted Evening,” the gala was sponsored by Advantexe, Allen Interactions, American Management Association, Dale Carnegie Digital, Franklin Covey, Game On Learning, getabstract, Godiva, GC Incentives, Herrmann International, Ken Blanchard, Knowledge Advisors, Omnikron, Orrefors – Kosta Boda, the Training Top 10 Hall of Fame, and Turning Technologies.
Now in its 13th year, the Training Top 125 is the only report that ranks companies unsurpassed in harnessing human capital. Some applicant statistics of note:
- The mean revenue was $5.4 billion U.S. and $10.2 billion worldwide. The mean training budget was $31.5 million, representing 4.58 percent of payroll.
- The mean number of total employees trained per organization (including independent contractors and franchisees) was 55,771, with 18,498 trained in the classroom and 35,805 trained online. A mean of 540 courses were offered as instructor-led sessions; 1,738 were offered as online self-paced modules; and 156 were offered as virtual instructor-led classrooms. Some 98 percent of applicants have a technological infrastructure to support the delivery and management of training.
- The average number of full-time and part-time trainers was 241 and 582, respectively.
- Some 98 percent of applicants use employee satisfaction surveys, and 97 percent use competency maps and personal/individual development plans. Only 66 percent tie managers’ compensation directly to the development of their direct reports.
- On the evaluation side, 68 percent of applicants utilize Return on Value; 71 percent utilize Return on Investment; 56 percent utilize balanced scorecards; and 47 percent utilize Six Sigma. The Kirkpatrick Levels of Evaluation are more widely used: Level 1 (97 percent), Levels 2 and 3 (94 percent), and Level 4 (88 percent).
During the gala,Training honored Ernst & Young Chief Learning Officer Mike Hamilton, the first Training Top 10 Hall of Fame representative set to retire later this year. No companies qualified for induction into the Hall of Fame this year, but Verizon and Farmers Insurance will be inducted in 2014 after ranking in the Top 10 of the Training Top 125 companies for at least four consecutive years. Members remain in the Top 10 Hall of Fame for a minimum of three years. After that, they can choose to remain in the Hall of Fame by adhering to specific guidelines or they can opt to reapply for Training Top 125 consideration.
Trainingalso recognized the following Top 125 companies for receiving the highest scores in three application categories and overall qualitatively:
TOP TRAINING PROGRAMS/SCOPE SCORE
Jiffy Lube International
TOP EVALUATION/BUSINESS METRICS SCORE
The PNC Financial Services Group, Inc.
TOP HUMAN RESOURCES SCORE
TOP QUALITATIVE SCORE
In addition, yesterday afternoon, Training recognized innovative and successful learning and development programs and practices utilized by the Training Top 125 winners. Best Practice and Outstanding Training Initiative winners received crystal trophies during a ceremony on the Expo Stage. They were:
BEST PRACTICE AWARD WINNERS
The PNC Financial Services Group, Inc.
United States Navy
OUTSTANDING TRAINING INITIATIVE AWARD WINNERS
CHG Healthcare Services
Nationwide Mutual Insurance Company
One Nevada Credit Union
“Each year, Training Top 125 applicants raise the bar with the innovation, excellence, and effectiveness of their training programs,” said Lorri Freifeld, editor-in-chief of Training magazine. “The 2013 Training Top 125 winners continued that trend, providing performance-driven training responses to significant challenges and achieving compelling results that tied directly to corporate strategic goals.Congratulations to all the companies named to the 2013 Training Top 125.”
The Top 125 includes ranking based on myriad benchmarking statistics such as total training budget; percentage of payroll; number of training hours per employee program; goals, evaluation, measurement, and workplace surveys; hours of training per employee annually; and detailed formal programs.
The Top 125 ranking is determined by assessing a range of qualitative and quantitative factors, including financial investment in employee development, the scope of development programs, and how closely such development efforts are linked to business goals and objectives.
Companies that wish to be considered for Top 125 ranking complete a detailed application, which is scored both quantitatively (70 percent of total score) by an outside research and statistical data company and qualitatively (30 percent of total score) by Trainingmagazine editors and Top 10 Hall of Fame representatives.
For a profile of each of the Top 5 companies on the Training Top 125, additional information about the training efforts of all 125 companies, details on the programs receiving Best Practice and Outstanding Training Initiative awards, see the January/February 2013 issue. To order a copy or Training Top 125 merchandise, visit http://s5.goeshow.com/lakewood/top125gala/2013/merch.cfm. The digital edition and individual articles can be found online at http://www.trainingmag.com.
About Training magazine
Trainingis a 49-year-old professional development magazine written for training, human resources, and business management professionals in all industries that advocate training and workforce development as a business tool. Trainingalso produces world-class conferences, expositions, and digital products that focus on job-related, employer-sponsored training and education in the working world. Training is published by Lakewood Media Group.
2013 Training Top 125 Winners
- Jiffy Lube International
- Coldwell Banker Real Estate
- Farmers Insurance
- CHG Healthcare Services
- McCarthy Building Companies, Inc.
- The PNC Financial Services Group, Inc.
- Mohawk Industries, Inc.
- American Infrastructure
- Capital BlueCross
- Blue Cross Blue Shield of Michigan
- Edward Jones
- Wequassett Resort and Golf Club
- BB&T Corporation
- Automatic Data Processing, Inc.
- DPR Construction
- Health Care Service Corporation
- Economical Insurance
- Capital One
- Nationwide Mutual Insurance Company
- Christiana Care Health System
- Paychex, Inc.
- McDonald’s USA, LLC
- Shape Corp
- Miami Children’s Hospital
- Savvis, A CenturyLink Company
- U.S. Security Associates, Inc.
- Orkin, LLC
- United States Navy
- Best Buy
- Grant Thornton LLP
- Quicken Loans
- Allied International Credit
- ESL Federal Credit Union
- Baylor Health Care System
- Baptist Health Care Corporation
- Cerner Corporation
- Keller Williams Realty
- MasterCard Worldwide
- Special People In Northeast, Inc.
- Bank of America Corporation
- EMC Corporation
- Morrison Management Specialists
- Buckman Laboratories International, Inc.
- Intel Corporation
- ABF Freight System, Inc.
- Navy Federal Credit Union
- IMG College
- Western Summit Constructors, Inc.
- University of New Mexico Hospitals
- Ho-Chunk Gaming – Wisconsin Dells
- CarMax, Inc.
- Vistage International
- Caesars Entertainment Corporation
- WellSpan Health
- First Horizon National Corporation
- Cartus Corporation
- Gables Residential
- G4S Secure Solutions (USA) Inc.
- Discover Financial Services
- NewYork-Presbyterian Hospital
- Sacramento Municipal Utility District
- MetLife, Inc.
- Shaw Industries, Inc.
- Ingram Barge Company
- Bass & Associates, P.C.
- Dollar General Corporation
- Windstream Communications
- Choice Hotels International
- ConAgra Foods, Inc.
- RE/MAX, LLC
- Tandus Flooring
- Aetna Inc.
- AAA – The Auto Club Group
- New York Life Insurance Company
- DaVita Inc.
- Northwestern Mutual
- Expert Global Solutions
- Healthways, Inc.
- Cognizant Technology Solutions
- Bankers Life and Casualty Company
- Tech Mahindra
- Century 21 Real Estate LLC
- American Fidelity Assurance Company
- Copernicus Group IRB
- Wells Fargo & Co.
- Progressive Group of Insurance Companies
- Birmingham Water Works
- SunTrust Banks, Inc.
- ValleyCrest Landscape Companies
- EMD Serono, Inc.
- Dex One Corporation
- DEFENDER Direct
- Veterans Affairs Acquisition Academy
- TD Bank
- Miami Cerebral Palsy Residential Service
- VSP Global
- White Lodging Services
- Gulf Power Company
- One Nevada Credit Union
- Afni, Inc
- Schmitt Sussman Enterprises dba PFP
- New York Community Bancorp, Inc.
- Mountain America Credit Union
- LQ Management, LLC
- Novo Nordisk Inc.
- Smiths Medical
- Dell Inc.
- MassMutual Financial Group
- Saratoga Hospital and Nursing Home
- Ricoh Americas Corporation
- National Industries for the Blind
- Consigli Construction, Inc.
- Microchip Technology Inc.
- Healthpoint Biotherapeutics