The Boston Consulting Group Shows Exceptional Consistency as a Premier Employer, Staying in the Top Five for Six Consecutive Years and Remaining One of Only Two Companies to Make the Top Dozen Every Year Since 2006
BOSTON—The Boston Consulting Group (BCG), one of the world’s leading management-consulting firms, has extended its remarkable streak near the top of Fortune’s100 Best Companies to Work For list. Ranking number three, BCG has made the top five for six years in a row and is one of only two companies to make the top dozen every year since it began participating in 2006.
The firm also continues to enjoy the highest ranking among management consultancies by a wide margin.
BCG’s emphasis on investment in its people, high-impact client work, a collaborative culture, career flexibility and mobility, extensive training, world-class benefits, and a commitment to social-impact work have all contributed to the consistently strong performance on the list.
In its profile of BCG, Fortune highlighted one of the firm’s innovative work-life balance programs, called PTO (Predictability, Teaming, and Open Communication), which helps increase work predictability and career sustainability. “PTO has been a hit with employees. One consultant told us: ‘PTO is proof [that] BCG really cares about making our lives manageable and makes sure we don’t drop the ball on key life events. This is one of best things about the company, and it is unique in the industry.’” PTO has led to a 74% increase in reported intentions to stay at BCG for the long term.
Specific benefits offered by the firm include 100% coverage of employees’ health-care premiums, generous leave-of-absence programs, internal fellowships, and tuition reimbursement. BCG’s LGBT-friendly benefits and practices have also been recognized as top-notch.
Earlier this year, BCG earned the number-five spot on Fortune’s first-ever 50 Best Workplaces for Diversity list. (For more information on BCG’s diversity and inclusion initiatives, please visit here.)
Great Place to Work, which provides the research underlying the Fortune rankings and conducts an extensive employee survey, noted in its review of BCG that:
Tom Reichert, BCG’s chairman of North America, commented: “We are again honored by this recognition. The fact that we’ve stayed in the top five for six consecutive years and in the top dozen for 11 straight years is testament to our ongoing commitment to provide unparalleled support, development, and benefits to everyone on our team. Attracting top talent and maintaining an environment in which employees can quickly develop have been key to our success and our ability to deliver enormous value to clients. Recognitions like this confirm that our efforts are distinctive and, based on the impact we have with clients and our client retention and growth, highly effective.”
This year’s 100 Best Companies list and related stories will appear in a special double issue that will arrive on newsstands and in subscriber mailboxes starting Monday, March 7. They are available online now at fortune.com/bestcompanies.
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To identify the 100 Best Companies to Work For, each year Fortune partners with Great Place to Work to conduct the most extensive employee survey in corporate America. Two-thirds of a company’s survey score is based on the results of the Trust Index Employee Survey, which is sent to a random sample of employees from each company. This survey asks questions related to employees’ attitudes about management’s credibility, overall job satisfaction, and camaraderie. The other third is based on responses to the Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, methods of internal communication, training, recognition programs, and diversity efforts.
The Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with more than 90 offices in 50 countries.