Random House: The Best Book Publishing Company to Work For
As would be expected, the company offers a good “classical” benefits program with extensive health coverage and retirement options, including a generous 401(k) match.
To encourage fitness, the company sponsors yoga and Pilates classes, and reimburses workers who join a fitness center or purchase health-related equipment, says Hays Steilberg, vice president and director of human resources. Employees can take advantage of in-house screenings for high cholesterol, hypertension and other conditions, a health risk-assessment program and an on-site health center staffed by a company nurse.
The interest in balancing life and work concerns is central to the company’s management philosophy.
“A lot of executives rue the lack of a healthy life-work balance within their companies,” notes Chip Gibson, president and publisher of Random House Children’s Books. “[Peter] Olson is actually doing concrete things to make that balance better for his folks.”
In addition to generous vacation time, the company provides four weeks of paid parental leave for new moms and dads. Back-up child- and elder-care services are available, as are on-site facilities for nursing mothers and free tutoring services for school-age children of employees. A matching gift program encourages involvement in charitable activities away from the office.
“I’ve worked at many of the other publishing houses in New York. Many of the company benefits which set Random House apart from its competitors are based on the belief that its employees are its most important assets,” says Linda Palladino, director of children’s production, Random House Children’s Books.
When on the job, employees are empowered to take an active role in company operations and decision-making.
“We empower our managers and their staff with an enormous amount of independence in running their businesses,” says Olson. “Our publishing divisions have broad autonomy for their creative, fiscal, operational and organizational decision-making toward meeting their challenging annual budget targets. Second-guessing our publishers and salespeople is not something we indulge in.”
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