Inc. magazine and Winning Workplaces announced the winners of the 2010 Top Small Company Workplaces competition – the best small and mid-sized places to work in the country – in Inc.’s June issue. Vermont’s own Chroma Technology of Bellows Falls was featured among the 20 winners.
This is the eighth consecutive year that Winning Workplaces, the Evanston, IL-based nonprofit organization, has recognized those firms that attribute much of their business success to their commitment to exemplary people practices and outstanding workplace cultures.
The common characteristics of the Top Small Company Workplaces include a commitment to aligning their workforce with a clear vision, mission, and values; communicating with openness and trust; and investing in employees’ continuous learning and development. These practices were maintained or strengthened as a means to weather the recession. Further, many winners chose to share the pain rather than lay off colleagues. Salary reductions were taken across the organization, starting with the CEO.
Winning Workplaces and Inc. received nearly 500 completed applications for the contest. A national panel of experts in leadership and small to mid-sized business judged the finalists based on specific metrics and qualitative assessments of their success in creating the kind of workplaces that engage employees and deliver successful results.
“People want employers who care for and challenge them. And they want those employers to be financially healthy so they can keep caring for and challenging them far into the future. The 2010 Top Small Company Workplaces do just that. Their stories, in the June issue of Inc. magazine, are models of smart management and enlightened leadership,” said Jane Berentson, Editor-in-Chief of Inc. magazine.