100 Best Companies to Work For 

90 of 100
90. FedEx
Financials: Latest Results
Rank: 90 (Previous rank: 97)
What makes it so great?
CEO Fred Smith announced sweeping cost reductions in December. 401(k) matches were frozen, exec pay was cut 10% and his own pay was docked 20%. But he didn't cut hourly wages or announce layoffs.
Headquarters: 942 South Shady Grove Road
Memphis, TN 38120
2007 revenue ($ millions): 37,953
Website: www.fedex.com
U.S. employees 233,457
Employees outside U.S. 40,649
New jobs (1 year) -1,405
% job growth (1 year) -1%
% voluntary turnover 6%
Applicants 962,140
No. of job openings (as of Jan. 13, 2009) Select positions
Pay Avg. annual pay*
Most common job (salaried):
Operations Manager
Most common job (hourly):
Paid sabbaticals Yes
Onsite child care No
100% health-care coverage No
Onsite fitness center Yes
Subsidized gym membership Yes
Job sharing program Yes
Compressed workweek Yes
Telecommuting Yes
% minorities 43%
% women 28%
Has nondiscrimination policy
that includes sexual orientation?
Offers domestic partner benefits
for same-sex couples?
Professional training  
Salaried employees (hrs./yr.): 52
Hourly employees (hrs./yr.): 55
From the February 2, 2009 issue
N.A.: Not available. U.S. employees includes part-timers as of time of survey. Job growth, new jobs, and voluntary turnover are full-time only. Revenues are for 2007 or latest fiscal year. All data based on U.S. employees.
* Average annual pay: yearly pay rate plus additional cash compensation for the largest classification of full-time salaried and hourly employees.
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To choose the 100 Best, we conduct the most extensive employee survey in corporate America. More than 81,000 employees from 353 companies responded to a 57-question survey created by the Great Place to Work Institute. More