Best Companies Rank (46)Name: Brenda Fung
Title: Intranet Web designer
Tenure: 13 years
Best benefit: Though she telecommutes and scaled back to 28 hours a week, Fung still gets the same medical, dental, life insurance and retirement benefits she got full-time.
Two years ago Brenda Fung cut back her workweek to four seven-hour days, telecommuting from home on all but one of them. As an intranet Web designer, she assumed she'd have to give up most of her benefits. So she was shocked when First Horizon said it would keep paying full freight for medical, dental, life insurance and retirement benefits. She was even entitled to the same amount of vacation. "I was amazed," she says.
Indeed, at a time when many companies are trying to scale back what they offer their workers, First Horizon's compensation chief, Ken Bottoms, keeps looking for ways to add new perks and improve the old standbys. "We bend over backwards to make part-time schedules work. We think it keeps a lot of good people from quitting." The part-time program, called Prime Time, operates at the discretion of supervisors, and about 90 employees are currently enrolled in it. Additional relatively low-cost benefits create a halo effect, Bottoms adds. "We offer adoption assistance, which seems to make people feel good about working here even if they have no plans to adopt," he says. Another example: First Horizon recently negotiated with its dental insurance provider to get employees' out-of-pocket expenses reimbursed faster. Fung is certainly a convert: "This company has been so generous to me. There's no way I could even think of leaving."
Full list: 100 Best Companies to Work For