The deadline for the 2015 NorthCoast 99 Application is fast approaching. Every year, the top 99 workplaces in Northeast Ohio are honored for their ability to attract, retain, and motivate top talent at their organization. Those winners come together to celebrate their victory at an annual awards banquet (check out the video below!).
Well before these organizations can celebrate their victories, they must complete a comprehensive application process that includes surveying a select group of their top performing Northeast Ohio employees about their current levels of engagement and what is most important to them in a job. This survey is critical in identifying key attributes that an organization needs in order to increase the probability they can attract and retain great people and it’s the foundation of the evaluation process for the award.
Let’s take a look at who the top performers were and what was most important to them in 2014:
Who they were
40-54 year olds made up the largest demographic group of top performers at 39%, followed by 55 year-olds at 14%. About 17% of top performers were 29 and under, and only about 3% fell in the demographic of 30-39 years-old.
Women also made up the majority of top performers (57%), and 42% of all top performers held at least a Bachelor’s degree. About 24% held an Associate’s degree and 23% a graduate degree. Employees with a GED made up 11% of the top performer population.
An overwhelming majority (96%) of top performers were full-time employees, and most had been working for their employers between 0 and 10 years; however, 11% had been at a company for more than 20 years.
What they wanted
When presented with a list of workplace attributes, 21% of top performers selected challenging/meaningful work as the most important.This was followed by compensation at 15.9%. The following rounded out the top 10 responses:
- Job security at 12%
- Work/life balance at 11.3%
- Advancement at 6.4%
- Career Development at 6.3%
- Autonomy at 5.7%
- Leadership at 5.2%
- Benefits at 5.2%
- Product/service quality at 2.8%
Why they stayed
Top performers were asked, “What aspects of this workplace or your job influence your decision to remain at this organization?” There were three distinct reasons why top performers, across all organizations, chose to stay at their current organization.
Overall, the top performers at NorthCoast 99 award winning organizations shared that they found themselves comfortable and felt they were surrounded by great people. They felt their teams were well-balanced, highly skilled, and willing to support each other above and beyond the typical work expectations.
Interestingly, the top performers at non-winning organizations tended to focus more on compensation and job stability (versus culture). However, across the board for winners and non-winners, good relationships between top performers and management was highly valued. Also, being a fast-growing organization was important as well.
When it came to flexibility, many top performers appreciated when managers and organizations were supportive of a healthy work/life balance. Many expressed their interest in being able to do things at the office and at home, such as:
- Being able to leave early to take their kids to an appointment
- Offering opportunities to work from home
- Liberal paid time-off policies
Top performers were very happy with the support they received in growing their skills and advancing their careers. It was noted that they appreciated the different training and career development efforts that were offered.
Have a Great Place for Great Talent? Apply for the 2015 NorthCoast 99 Award!
Do you think your organization has what it takes to be one of the top 99 workplaces for top talent in Northeast Ohio? Complete the application at http://www.northcoast99.org/apply.aspx – but hurry! The deadline to enter your application is April 30th.
If you have any questions about the application, please contact us at email@example.com or call 440-684-9700.