Utah's Huntsman Corp. near top on U.S. Best Employers list
Utah's Huntsman Corp. has been named one of the top three employers in America for 2012 among Fortune 500 companies by Business Insider, the online business news site.
First and second above Huntsman were Celgene Corp., a New Jersey-based biopharmaceutical company, and Google Inc., the California-based search giant.
The list of the 50 Best Employers in America was compiled from results of employee surveys that touched on topics such as compensation, job satisfaction, job stress, work-schedule flexibility and median pay and salary.
Business Insider noted that Huntsman employees reported very high rates of job flexibility (94 percent) and job satisfaction (75 percent). Also, the median pay was $95,600 after five years, which was high compared to industry peers.
"We always have recognized our associates as among Huntsman's greatest competitive advantages," Huntsman Corp. President and CEO Peter Huntsman said in a statement.
He added that attracting and retaining talented employees was essential for the company to sustain its growth and that Huntsman's best-employer ranking could help it achieve that goal.
Huntsman Corp., the worldwide chemicals conglomerate run out of Salt Lake City and The Woodlands, Texas, has approximately 12,000 employees at more than 75 facilities in 30 countries, with 75 or so workers at its executive offices in Utah.
Other companies in the Best Employers top 10 were Qualcomm Inc. (4), Biogen Idec Inc. (5), MasterCard Worldwide (6), Chevron Corp. (7), Yahoo Inc. (8), E.I. Dupont De Nemours & Co. (9) and The Williams Companies (10).
Huntsman Corp. manufacture products for a variety of industries, including chemicals, plastics, automotive, aviation, paints, coatings, footwear and textiles.
Earlier this week, Huntsman reported its 2012 financial results, which showed net income increased to $363 million from $247 million in the previous year. Earnings per share rose to $1.51, up from $1.02 in 2011.
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