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30 Best Workplaces to Retire From

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Methodology

Companies on the 30 Best Workplaces to Retire From list excel in providing great employee experiences and benefits for employees nearing retirement age, and create environments that retain younger employees.

Fortune asked Great Place to Work to determine the winners by taking into account the results of the Trust Index survey, as well as the availability of benefits that matter to retirement-age employees and internal promotion rates. Great Place to Work surveyed randomly-selected employees and collected program information from approximately 600 organizations. Two-thirds of each company's score is based on this employee feedback, which measured the experiences of employees nearing retirement in aspects of the workplace important to that age group, as well as younger employees’ experiences in areas related to employee retention. The remaining one-third of each company's score is based on the availability and generosity of retirement-related benefits, as well as internal employee promotion rates.

Results from the employee survey are highly reliable, having a 95 percent confidence level and a margin of error of 7 percent or less. Companies were selected from a universe of about 600 Great Place to Work-certified organizations. Organizations are certified on the basis of an anonymous 58-statement survey distributed at random to a statistically significant number of current employees.

To see the schedule for all of our Best Workplaces lists and more information on how to apply, visit Great Place to Work’s website.

In an era of disruption characterized by job hopping and career uncertainty, an increasing number of workers are choosing shorter relationships with employers. To find companies that are convincing their talented legions to stay, Fortune asked Great Place to Work to review the 401(k) plans, health insurance, phased retirement offerings, defined pension benefits, and internal promotion rates at more than 600 employers. Here are 30 companies whose employees say are great places to build long term careers.

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20.

OppenheimerFunds

Courtesy of OppenheimerFunds

“I am continually amazed at the tenure of the people in this organization—all of whom are very talented at what they do and I am sure have had offers to go elsewhere, so why do they stay? I believe it’s the collegial atmosphere that exists which translates into genuine caring for the person in helping them to succeed both personally & professionally. This has also served to enhance the culture of the organization … excellence, integrity, team spirit, & caring … all of which we collectively achieve on a daily basis,” says one employee at this global asset manager.

 

Says another worker: “Longevity of employees within the financial service sector is typically low with people jumping firms every few years. At OppenheimerFunds it’s totally different with many people having more than 20 years at the firm. And one might think that there might be complacency in working with one another for so many years. But it’s just the opposite—we work harder to ensure we don’t disappoint our friends and co-workers. I find the collaborative and caring culture that was put in place in the early 1990’s is still alive today.”

 

Read the Great Place to Work review.

Company Info

Industry Financial Services & Insurance
Year founded 1959
HQ location New York, NY
Size Large
U.S. employees 2070
Web address http://www.oppenheimerfunds.com

Retirement Program

Retiree health insurance
Long-term care insurance
Phased retirement programs
Defined benefit pension plan
Retirement planning resources
401(k) or 403(b) plan
Company matches employee contribution
% matched 100%
Up to X% of employee salary 5%
Internal promotion rate 33%

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