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But this chemical supplier topped all three in the ranking.
October 6, 2022
By: TOM BRANNA
Editor
Three beauty brands made Newsweek’s 2022 Most Loved Workplaces list. The publication’s ranking of the top 100 companies is part of a collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company. The results were determined after surveying more than 1.4 million employees from businesses with workforces varying in size from 50 to more than 10,000. When carving out consumer product sector companies, Madison Reed, ELF Cosmetics and wellness brand Modere made the top five. In the overall ranking of the top 100 companies, Madison Reed is No. 75, ELF is No. 87 and Modere is No. 91. But a supplier finished ahead of all three. BASF is No. 52. The company’s Florham Park, NJ location was lauded for creating special communities of working parents, individuals with disabilities, LGBTQ+, emerging professionals and veterans. BPI and Newsweek contend list recognizes companies that put respect, caring and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them. “As a result of 'The Great Resignation,' more companies recognize the importance of focusing on employee satisfaction to not only attract but retain top talent,” said Nancy Cooper, global editor in chief, Newsweek. “The businesses on this year's list clearly demonstrated that commitment.” Madison Reed was heralded for being big on diversity. Newsweek’s list cited a committee developed by the San Francisco-based hair care company that that insures hiring, recognition and promotions meet inclusion standards. ELF’s “High Performance Teamwork” program was cited by Newsweek. It provides feedback from workers on what behavior helps or hurts effectiveness. Modere was highlighted for encouraging nurturing and developing talent. Additionally, the company seeks to promote from within and offers tuition reimbursement so employees can augment their skill sets.
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