27 CalChamber Members Make ‘100 Best Companies to Work For’ List

Each year, Fortune magazine reveals which companies in the nation are considered the best to work for, and many California Chamber of Commerce members appear on the magazine’s list.

For 2012, a total of 27 CalChamber members are featured in the magazine’s rankings, which list employers that “offer dream workplaces.”

Companies nominate themselves by going through a detailed application process. Two-thirds of a company’s score relies on an employee survey sent to a random sample of company employees. The remaining one third is based on Fortune’s audit, which includes detailed questions about pay and benefits, and open-ended questions on hiring, communication and diversity.

Best to Work For

These California-based members of the CalChamber made Fortune’s 2012 list of the “100 Best Companies to Work For”

• SVB Financial Group (Santa Clara, CA, ranked 40: At this Silicon Valley bank serving the tech, finance and winery worlds, employees get to share warrants enabling them to participate in the equity offerings of its startup clients when they go public.
• Intel (Santa Clara, CA), ranked 46: The chipmaker moves people to new positions every 18 to 24 months, on average, to encourage them to explore new fields. (New hires are told, “Welcome to your next five jobs.”)
• Mattel (El Segundo, CA), ranked 79: The offices close at 1 p.m. every Friday at the world’s largest toy company, and everyone gets paid time off to volunteer in schools.
• Cisco (San Jose, CA), ranked 90: A rough year that included major layoffs made employees uneasy — and triggered the biggest drop in the rankings. But benefits are generous — and intact.

CalChamber’s website has the full list of CalChamber members, and the complete list of “Best Companies” to work for can be viewed on CNNMoney’s website.

The full rankings will be featured in the magazine’s February 6 issue.