Excelsior, MN (February 25, 2020)—2020 marks the 20th year Training magazine has recognized organizations that provide best-in-class employee training and development. This year, retailer Dollar General Corporation, LLC, racked up its second consecutive #1 win, followed by MasTec Utility Services (#2), Best Buy (#3), BNSF Railway Company (#4), and United Shore (#5).
Some 31 new companies broke into the Top 125 this year. The majority of the companies are in the finance/banking, health/medical services, business services, and retail industries.
Training magazine recognized the 2020 Training Top 125 winners with crystal awards and revealed their rankings during the Training Top 125 Reflections Gala held last night during the Training 2020 Conference & Expo at Disney’s Coronado Springs Resort in Orlando, FL. The black-tie gala was sponsored by Adobe, Brainier, Brella, Seiko, and the Training Top 10 Hall of Fame. Adobe gave away an iPad. Brainier did a gift card giveaway. Brella spearheaded the event production. And Seiko served as the official timekeeper of the event and provided keepsake watches and a commemorative clock for the No. 1 winner.
Leading Real Estate Companies of the World was inducted into the Training Top 10 Hall of Fame after earning a Top 10 ranking for four consecutive years. The Hall of Fame now numbers 17 companies.
The Training Top 125 is the only awards program that ranks companies unsurpassed in harnessing human capital. Some overall statistics from the quantitative analysis of the winning 2020 Training Top 125 applications include:
- The mean revenue was $7.8 billion U.S. and $12.9 billion worldwide. The mean training budget was $74 million, representing 5.96 percent of payroll.
- The mean number of total employees trained per organization (including independent contractors and franchisees) was 40,008, with 20,745 trained in the classroom and 51,571 trained online. A mean of 409 courses were offered as instructor-led sessions; 19,399 were offered as online self-paced modules; and 195 were offered as virtual instructor-led classrooms. All but two of the 2020 Training Top 125ers have a technology infrastructure.
- The average number of full-time and part-time trainers was 145 and 191, 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 $199,277.
- Some 99 percent of winners use employee satisfaction surveys, while 95 percent use competency maps. Some 69 percent tie managers’ compensation directly to the development of their direct reports.
- On the evaluation side, 89 percent of applicants utilize Return on Value; 86 percent utilize Return on Investment; 78 percent utilize Balanced Scorecards; and 66 percent utilize Six Sigma. The Kirkpatrick Levels of Evaluation are more widely used: Level 1 (98 percent), Levels 2 and 3 (96 percent), and Level 4 (94 percent).
Yesterday afternoon, Training recognized innovative and successful learning and development programs and practices utilized by some of 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
- Avanade Inc.
- BNSF Railway Company
- Spectrum Health
OUTSTANDING TRAINING INITIATIVE AWARD WINNERS
- AstraZeneca China
- Dollar General Corporation, LLC
- Midcontinent Independent System Operator, Inc.
- Sonic Automotive
- Walden Security
“The presence of these luminaries on the 2020 Training Top 125 reflects their relentless dedication to employee learning and development, their remarkable achievements, their creative spark, and their constant reinforcement that Training Matters in their organization every single day,” said Lorri Freifeld, editor-in-chief of Training magazine. “We hope their 2020 training vision will continue for decades to come!”
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 (73 points) by an outside research and statistical data company and qualitatively (52 points) by Trainingmagazine editors and Training 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, and details on the programs receiving Best Practice and Outstanding Training Initiative awards, see the March/April 2020 issue. The digital edition can be found online at http://www.trainingmag.com.
Click here to order a copy of the issue or Training Top 125 merchandise.
2020 Training Top 125 Winners
1 Dollar General Corporation, LLC
2 MasTec Utility Services
3 Best Buy
4 BNSF Railway Company
5 United Shore
6 Birmingham Water Works Board
7 Sonic Automotive
9 C&A Industries Inc.
13 MTM, Inc.
14 Paychex, Inc.
15 WellSpan Health
16 FORUM Credit Union
17 ESL Federal Credit Union
18 Gables Residential
19 Applied Materials, Inc.
20 Midcontinent Independent System Operator, Inc. (MISO)
21 Avanade Inc.
22 Valvoline Instant Oil Change
23 AstraZeneca China.
24 Allianz Life Insurance Company of North America
25 Edward Jones
26 Gilbane Building Company
27 Visa Inc.
28 Ascend Federal Credit Union
29 AAA Northeast
30 Janssen: Pharmaceutical Companies for Johnson & Johnson
31 Wequassett Resort and Golf Club
32 State Compensation Insurance Fund
33 The Guardian Life Insurance Company of America
34 SE2, LLC
36 CVS Health
37 Intermedia.net Inc.
38 Mohawk Industries, Inc.
39 Argo Group
40 DISH Network
43 Exchange Bank
44 Rollins, LLC
45 Dellbrook | JKS Construction
46 Walden Security
47 Signature Consultants
48 Johns Hopkins Community Physicians
50 Emser Tile, LLC
51 BB&T Corporation
52 BKD CPAs & Advisors
53 Windham Professionals Inc.
54 Walmart Inc
55 Bankers Life
56 Roscoe Property Management
57 CarMax, Inc.
58 Concentrix Corporation
59 Williams & Fudge, Inc.
62 Mariner Finance LLC
63 Van Meter Inc.
66 Fisher Investments
67 TWO MEN AND A TRUCK INTERNATIONAL
68 England Logistics
70 LifeNet Health
71 Bell and Howell
72 NIGP: The Institute for Public Procurement
74 One Nevada Credit Union
75 Southern Management Corporation
76 Shaw Industries
77 Personnel Board of Jefferson County
78 University of New Mexico Hospitals
79 Navy Federal Credit Union
80 Persistent Systems Ltd
81 Bass & Associates, P.C.
82 FDIC Corporate University
84 PPL Electric Utilities
85 Hackensack Meridian Health
87 Penn Station East Coast Subs
88 Independence Blue Cross
89 G4S Secure Solutions (USA) Inc
90 VSP Global
91 Microchip Technology Inc
92 Sundt Construction
93 Michigan State University Federal Credit Union
94 Spectrum Health
95 Elevations Credit Union
96 Special Response Corporation
97 Western & Southern Financial Group
98 HD Supply Facilities Maintenance
99 HGS Inc.
101 LaSalle Network
102 Tarkett North America – A Division of Tarkett
103 Compass One Healthcare
104 Southern California Edison
105 BNP Paribas
106 Pilot Company
107 AT&T Communications
108 Bright Horizons
109 New York Life
110 Huntington Learning Center
111 Kimball Midwest
113 Huntington National Bank
114 Nebraska Medicine
115 PSA Airlines
116 VyStar Credit Union
117 Coast Professional, Inc.
118 Panda Restaurant Group
119 Hayes Locums
120 Summit Security Services
121 People’s Trust Insurance Co.
122 Maryland Department of Transportation State Highway Administration
123 PV Fluid Products Inc.
124 Best Western Hotels & Resorts (BWHR)
125 Valley Bank
About Training magazine
Training magazine is a 56-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.