Fortune 500 companies
offer employers a primer on
establishing an effective military
By Elizabeth H. Manning, Senior Editor,
and Carol A. Kelly, Copy Editor
More than seven years after the Sept. 11, 2001,
attacks by al-Qaida, America’s businesses as well as servicemem- months or five years: Lockheed Martin, Southern,
bers and their families are directly bearing the cost of the Global Dominion Resources, CSX, and Ryder System.
War on Terrorism. Adding to the burden this year is the financial
crisis. As lending markets congeal, consumer confidence plum- • Fifteen offer differential pay for the duration of activation:
mets, and retail sales and manufacturing contract, the long-term Sears Holdings, Archer Daniels Midland, Consolidated
advantages that deployment benefits can bring to a company— Edison, New York Life Insurance, Progress Energy,
such as retention of trained employees and recruitment of a Union Pacific, Travelers, Northeast Utilities, State Farm
higher-caliber workforce—can start to rub against the short- Insurance Cos., Burlington Northern Santa Fe, Ford Motor,
term bottom line. Anheuser-Busch, American Family Insurance Group,
Thus, we are gratified to see a number of America’s companies PG&E Corp., and Illinois Tool Works.
continue to lead not only in financials but also in supporting our • Four offer differential pay for two years: American Electric
Reserve and Guard members on deployment. Indeed, more than Power, FirstEnergy, Deere, and Ball.
one told The Officer that they used ROA’s annual Fortune
500 survey to remain at the forefront of “keeping the employee • Ten offer differential pay for 12 to 18 months: Lexmark
whole” while serving on behalf of his or her country. International, Massachusetts Mutual Life Insurance,
Northern Trust Corp., Humana, Integrys Energy Group,
The Findings CMS Energy, MeadWestvaco, Manpower, Marshall &
Ilsley Corp., and PNC Financial Services Group.
Fifty-three companies among the Fortune 500 responded
to our 18th survey, a drop from last year’s 68 respondents. We • Five companies offer differential pay ranging from three
must note that, as voluntary respondents, the companies in the to 12 months: Ecolab, Best Buy, Hertz Global Holdings,
group are self-selecting. Nonetheless, they do represent the range Universal Health Services, and Safeco.
of industry: insurance, utilities, manufacturing, agribusiness,
• One offers differential pay for 30 days: Fiserv.
pharmaceuticals, transportation, and more. They also represent
the full range of the 500, with a total of 21 in the top and • Two companies offer alternative benefits: Norfolk Southern
bottom hundreds, and