3 beauty makers named to best workplaces list
Indeed is a global job website, listing millions of employment opportunities. The desktop and mobile site is used by over 200m people every month, available in 60 countries, and live in 28 different languages.
The company periodically issues a list of the best places to work; and Indeed’s current list of superb workplaces has Johnson & Johnson at number 7, The Estée Lauder Companies at number 16, and Avon at number 37.
What matters to job seekers
Because of the site’s overall mission, the list ranks workplaces according to criteria that matter most to prospective new employees, according to FAQs about the Indeed rankings. So to compile the current list, the team at Indeed used over 72 million data points (employee reviews and ratings) submitted about Fortune 500 companies.
As Indeed explains in a blog post about the 2018 list, employees can gain valuable insight from these rankings but so too can employers: “In today’s age of radical transparency, the kind of privileged glimpse into other workplaces that was once only available via word-of-mouth is now an expectation for everyone. But this also means that we have new opportunities to learn from high-performing companies, as we can see how they keep their employees engaged and satisfied.”
What works for beauty makers
This is the second year in a row that The Estée Lauder Companies has appeared on Indeed’s list. The company has made a marked improvement in that short time, ranking at number 21 on the list in 2017 and number 16 this year.
And that’s not by accident. “Over the last year, The Estée Lauder Companies has introduced a number of employee benefits, support options and learning opportunities that demonstrate a continued commitment to investing in its employees’ personal and professional success,” states the company in a media release.
ELC has added paid parental leave and what’s being called back-to-work flexibility, infertility benefits (up to $20,000 / year), a student loan repayment program (of as much as $100 / month and $10,000 / lifetime), a tuition reimbursement for approved course work, and more.
What looks good in business
As consumers take an ever greater interest in the ethics and practices of the beauty supply chain, so too are they concerned about the safety and livelihoods of the people behind the products.
At this year’s FIT capstone research event in New York City, working cosmetics and personal care industry executive earning an advanced degree proposed that beauty business leaders start thinking in terms of an insumer, “a consumer and employee all in one…to effectively streamline internal and external communications” and by extension, business practices, as Cosmetics Design reported.
The benefits that ELC added recently are very appealing to socially conscientious consumers. Which, along with that company’s boost in ratings, suggests that an insumer approach to communications and business at large will not only advance transparency but also likely improve employee satisfaction and employer rankings.
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.