The Best Book Publishing Companies to Work For
The "Best Book Publishing Companies to Work For" list is Book Business' annual ranking of companies that seem to embody the philosophy that a company's employees are the key to its success. But being a great company isn't just about offering a great benefits package (though that certainly helps). The companies that made the list this year create environments where employees are valued and respected professionally, but they also work to help enhance employees' personal lives. Whether it's through back-up childcare services, fitness centers, sabbatical programs or super-flex flex time, these companies go the extra mile to keep their employees happy—and it shows.
Here's Book Business' look at what makes these companies such great places to work.
1. Hachette Book Group (HBG)
U.S. Headquarters: New York, NY
Chairman and CEO: David Young
HBG publishes approximately 650 titles/year, including adult, illustrated, religious, children's and audio books. HBG also provides distribution and sales services for numerous clients.
- Number of new hires*: 108
- Rate of voluntary turnover*: 14%
- Bonus or incentive program for all full-time employees: Yes
- Employee Stock Option/Profit-Sharing Program: No/No
401(k) or 403(b) retirement savings program:
- Employer contribution: 3%
- Employer match: 67%
- Maximum match: 6%
- Paid holidays/year: 10
- Personal time off (PTO) includes: vacation, sick and personal time
- Vacation days available after 1 year of employment: 15
- Maximum # of vacation days: 25
- Sick days: unlimited (all locations except Indiana)
- Personal days: 2
Highlights: Part of Flexible Work Arrangements (FWA) program; allows employees to work from home one or more days per week, as needed.
- Option to work compressed work weeks: Yes
- Employee Assistance Program: Yes/free
- On-site exercise and fitness facilities: Yes/certain locations
- On-site fitness/wellness programs: Yes
- Adoption assistance
- Domestic partner benefits
- Tuition reimbursement
Other programs or practices that promote a healthy work/life balance:
- "Summer hours" schedule (early close on Fridays)
- The office typically closes for a week at year-end (between Christmas and New Year's)
Why HBG thinks it's a great place to work:
"We publish great books well, enjoy a long record of growth and success, and provide a supportive work environment in which employees can learn, be creative, find balance and have fun!"