4 of 6
S.C. Johnson & Son
S.C. Johnson & Son
Best Companies rank: 83

The family-owned and operated household cleansing products manufacturer has been able to avoid layoffs for 124 years. Even in the worst of times, management has stuck to the belief that company employees are its most valuable asset.

Throughout the years, S.C. Johnson has taken a long-term perspective on hiring practices when business is slow and employed other strategies before resorting to layoffs. For example, in the recent economic slump, it delayed merit increases for all U.S. employees for six months, reduced spending and temporarily froze hiring for positions open due to retirement or attrition.

And as a privately-owned company, management isn't bound to the needs of shareholders and quarterly earnings are reinvested in the business.

NEXT: EOG Resources
Last updated January 29 2010: 10:35 AM ET
Email | Print | Share  |  RSS
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Top 100  There's a new No. 1 in town: tech powerhouse SAS. Yes, even in a tough job market, some employers are doling out perks. Meet this year's winners. More
They're hiring!   These 22 Best Companies to Work For have at least 500 openings each, totaling more than 87,750 jobs. What are they looking for? More
25 top-paying companies Senior account execs at Salesforce.com take home an average $249,607 total compensation annually. Who else offers big paychecks? More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.