Lorri Freifeld, Editor-in-Chief, Training magazine
Excelsior, MN (February 13, 2018)—Leading Real Estate Companies of the World nabbed the No. 1 listing on the 2018 Training Top 125. New York Community Bancorp and BNSF Railway Company retained their spots, No. 2 and No. 4, respectively. Sonic Automotive moved up to No. 3. Dollar General Corporation rounded out the Top 5 for the first time.
Some 31 new companies broke into the Top 125 this year. The majority of the companies are in the business services, health/medical services, finance/banking, insurance, and hospitality industries.
Training magazine recognized the 2018 Training Top 125 winners with crystal awards and revealed their rankings during the Training Top 125 Masquerade Ball held last night during the Training 2018 Conference & Expo at the Georgia World Congress Center in Atlanta, GA. The black-tie gala was sponsored by Brella, Pelucida, Seiko, and the Training Top 10 Hall of Fame. Brella spearheaded the event production. Pelucida created the crystal awards. And Seiko served as the official timekeeper of the event and provided keepsake watches and the commemorative clock for the No. 1 winner.
Now in its 18th year, the Training Top 125 is the only report that ranks companies unsurpassed in harnessing human capital. Some overall statistics from the quantitative analysis of the winning 2018 Training Top 125 applications include:
- The mean revenue was $8.7 billion U.S. and $13.5 billion worldwide. The mean training budget was $33.8 million, representing 4.33 percent of payroll. The mean amount of training cost savings was 17.7 percent.
- The mean number of total employees trained per organization (including independent contractors and franchisees) was 42,116, with 17,872 trained in the classroom and 47,689 trained online. A mean of 494 courses were offered as instructor-led sessions; 4,154 were offered as online self-paced modules; and 151 were offered as virtual instructor-led classrooms. All but one of the 2018 Training Top 125ers have a technology infrastructure.
- The average number of full-time and part-time trainers was 126 and 319, respectively.
- Some 95 percent of Top 125 winners have a tuition reimbursement program. A mean of 11 percent of eligible employees made use of tuition reimbursement programs in the last year. Median spend on tuition reimbursement programs was $215,815.
- Some 98 percent of winners use employee satisfaction surveys, while all use competency maps and personal/individual development plans. Some 75 percent tie managers’ compensation directly to the development of their direct reports.
- On the evaluation side, 86 percent of applicants utilize Return on Value; 94 percent utilize Return on Investment; 78 percent utilize Balanced Scorecards; and 67 percent utilize Six Sigma. The Kirkpatrick Levels of Evaluation are more widely used: Level 1 (99 percent), Levels 2 and 3 (100 percent), and Level 4 (98 percent).
During the gala, Training inducted Blue Cross Blue Shield of Michigan and Keller Williams Realty, Inc., into the Training Top 10 Hall of Fame after they ranked in the Top 10 of the Training Top 125 companies for 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.
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 (in alphabetical order):
BEST PRACTICE AWARD WINNERS
Nationwide Mutual Insurance Company
Smith & Nephew
OUTSTANDING TRAINING INITIATIVES
Pacific Gas & Electric
Wequassett Resort and Golf Club
“We salute the 2018 Training Top 125 winners’ fierce commitment to employee learning and development and their passionate belief that Training Matters,” says Lorri Freifeld, editor-in-chief of Training magazine. “We hope they will continue to revel in their training success and unmask the possibilities of continuous learning and innovation in their organizations!
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, how closely such development efforts are linked to business goals and objectives, and their effectiveness in terms of business impact..
Companies that wish to be considered for Top 125 ranking complete a detailed application, which is scored both quantitatively (85 points) by an outside research and statistical data company and qualitatively (40 points) by Training magazine 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, and the Hall of Fame inductees, see the January/February 2018 issue. The digital edition can be found online at http://www.trainingmag.com.
To order a copy of the issue or Training Top 125 merchandise, visit:
About Training magazine
Training is a 54-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. Training also 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.
2018 TRAINING TOP 125 WINNERS
1 Leading Real Estate Companies of the World
2 New York Community Bancorp
3 Sonic Automotive
4 BNSF Railway Company
5 Dollar General Corporation, LLC
6 Pacific Gas & Electric
7 Nationwide Mutual Insurance Company
8 United Shore
9 MasTec – Utility Services
10 Best Buy
11 Ascend Federal Credit Union
13 Tata Consultancy Services
14 Paychex, Inc.
15 Wequassett Resort and Golf Club
16 ADP, LLC
17 Western Union
18 ESL Federal Credit Union
19 Birmingham Water Works Board
20 WellSpan Health
21 Edward Jones
24 Buckman Laboratories International, Inc.
25 Gilbane Building Company
26 Florida Blue
27 CVS Health
28 Gables Residential
29 Nicklaus Children’s Health System
30 VSP Global
31 Allianz Life Insurance Company of North America
33 Iron Mountain
34 Assurant, Inc.
35 Norton Healthcare
37 DaVita Inc.
38 BayCare Health System
39 Janssen: Pharmaceutical Companies for Johnson & Johnson
41 Crown Resorts Australia
42 Valvoline Instant Oil Change
44 MTM, Inc.
45 Anthem Inc.
46 New York Life Insurance Company
47 Mohawk Industries, Inc.
49 CarMax, Inc.
50 Aon plc
52 One Nevada Credit Union
53 United Services Automobile Association
54 Bankers Life
55 Johns Hopkins Community Physicians
56 G4S Secure Solutions (USA) Inc.
57 Dominion Enterprises
58 Aetna Inc.
60 Choice Hotels International
61 Shaw Industries
62 U.S. Security Associates, Inc.
63 Ricoh USA, Inc.
64 Rollins, LLC
67 BB&T Corporation
68 Bass & Associates, P.C.
69 BKD, LLP
70 The Guardian Life Insurance Company of America
71 Tarkett North America (A Division of Tarkett)
72 Emser Tile, LLC
73 Enterprise Holdings
74 SinglePoint GI Inc.
75 Mariner Finance, LLC.
77 Argo Group
78 Penn Station, Inc.
79 Colorado Springs Utilities
80 University of New Mexico Hospitals
81 Sanofi (China) Investment Co., LTD.
82 Personnel Board of Jefferson County
83 Holman Enterprises
84 La Quinta Holdings Inc.
85 Collabria Financial Services / TMG Financial Services
87 State Compensation Insurance Fund
89 Persistent Systems Ltd
90 Specialist Staffing Group
91 MSU Federal Credit Union
92 Navy Federal Credit Union
94 American Fidelity
95 Southern Management Corporation
96 Van Meter, Inc.
97 Microchip Technology Inc
98 Concentrix Corporation
99 Bell and Howell
100 Windham Professionals Inc.
101 Smith & Nephew
102 Carilion Clinic
103 PPL Electric Utilities
104 Jones Lang Lasalle (JLL)
105 Health Decisions, CRO+
106 Signature Commercial Solutions, LLC (d/b/a Signature Consultants)
107 Special Response Corporation
108 U.S. Postal Service
109 FDIC Corporate University
110 Miami Cerebral Palsy Residential Services, Inc.
112 Arrow Electronics’ Enterprise Computing Solutions
113 LaSalle Network
115 Intermedia, Inc.
117 Dow AgroSciences LLC (U.S. Operations)
118 Workiva Inc.
119 Two Men and a Truck
120 The Detective Training Centre of The Hong Kong Police Force
121 Walden Security
122 Alamo Pharma Services
123 AAMCO Transmission, Inc.
124 England Logistics
125 Morrison Healthcare