Financial News
HRO Today Unveils the HR100 List of the Best HR Departments
HRO Today has annually ranked HR service providers through Baker’s Dozen Customer Satisfaction Ratings™ for nearly two decades. Its research revealed that while there are many rankings of various aspects of HR, there isn’t one definitive source of which companies are the best for human resources. Enter HRO Today’s HR100.
The HRO Today research team reviewed nearly 1,100 companies to come up with the top 100 HR departments. HRO Today’s HR100 scores and ranks HR departments in eight core areas: workplace culture, employee benefits, diversity and inclusion, employee development and talent management, human resources innovation, leadership development, talent acquisition, and employer brand. Performance in these core categories is aggregated, forming an index that provides a reasonable score for overall HR excellence.
The HRO Today research team collected public data from nearly 40 established benchmarking and ranking programs in the identified categories to create the ranking. Examples of these programs include HRO Today‘s Most Admired Employer Brand Awards, Fortune Magazine’s 100 Best Companies to Work For, Training Magazine’s Top 100, and Glassdoor ratings. This generated a score based equally on the depth and breadth of outside and internal recognition. The data is then aggregated and weighted to create the final score, producing the index used in the ranking.
To generate the score, the HRO Today research team first examined the total number of lists within each of the HR areas outlined in a particular company appeared on. Weights were assigned to each source depending on the scope and exclusivity of the list. The raw scores were then summed, and an index was established to create the final score.
"The reason HRO Today produces the HR100 each year is to promote best practices in human resources," says Larry Basinait, HRO TOday VP of Market Research, who manages the HR100 and Baker's Dozen processes. "The companies that rank on the HR 100 are those that other companies should study and emulate and look to as a potential source of innovation within their own organization. Those being recognized on the list have the most accomplished human resources departments in the nation, and are elevating the role of HR throughout the business community."
For the selection methodology used, and for this year's list, visit https://www.hrotoday.com/hrotoday-awards/2022-hro-todays-hr100-the-top-teams-in-hr-2/
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