Forbes and market research company Statista surveyed 50,000+ employees at companies with operations in the US. A midsize company for the purposes of this ranking is one that has a least 1,000 employees in the States. “The surveys were administered in a series of online panels and provide a representative sample of the US workforce,” according to a press release about the Forbes list of America’s Best Midsize Employers. To determine the rankings, “employees were asked 35 questions about work related topics such as working conditions, salary, potential for development and company image,” explains the release.
In the top 100
The Forbs rankings list 500 midsize businesses, ranging from media, to insurance, to education, to municipalities, and more. But only one beauty company made the list. And that company ranked in to top 100 midsize businesses.
“We’re so proud to be recognized by Forbes as one of America’s Best Midsize Employers 2019,” Melinda Foster Sellers, chief people officer at Mary Kay, tells the press. “Our corporate culture is built around recognition, work-life balance and corporate stewardship,” says Sellers. “As Mary Kay used to say: ‘When everybody is motivated to serve others, everyone benefits.’”
In the corporate DNA
Mary Kay attributes the ranking to its long-standing company culture, a culture that fosters entrepreneurship, education, and equality. Recent initiatives at Mary Kay demonstrate as much; last month, the company signed on the United Nations Women’s Empowerment Principles and in February announced funding for local education on entrepreneurship.
Now the beauty company’s approach to business has earned it a spot on the Forbes 2019 America’s Best Midsize Employers list. “More than 55 years ago, our founder, Mary Kay Ash, began her dream company on a very solid foundation: the Golden Rule,” points out Foster Sellers.
“Mary Kay Ash believed that treating each other with mutual kindness and respect is not only required, but naturally leads to a strong, fair and healthy working environment,” she says, adding, “Our employees demonstrate this in their work around the world each day.”
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Deanna Utroske, CosmeticsDesign.com Editor, covers beauty business news in the Americas region and publishes the weekly Indie Beauty Profile column, showcasing the inspiring work of entrepreneurs and innovative brands.