advertisement

Thursday, November 12, 2009
 
Web exclusive: 2/9/02

Looking for a stable company?
Here's more information on companies offering job security

AFLAC | Erie Insurance | Fannie Mae | FedEx | Freddie Mac | Harley Davidson | Herr's Potato Chips | Hypertherm Inc. | Lincoln Electric | Nucor | Pella | SAS Institute | SC Johnson | Southwest | Synovus

AFLAC

  • Years w/o layoff: 47
  • Company outlook: Mixed. Strong U.S. sales, thanks to the "duck" advertising campaign, are reducing the impact of continuing troubles in the company's Japanese division.
  • No. of employees: 3,200
  • Typical job/pay: Aflac is currently hiring claims auditors, an entry level job that pays $18,000 to $24,000 a year, depending on your experience.
  • How to get one of these lifetime jobs: It's tough. In 2001 it had 523 applications for claims auditors, and hired only about 100.

Erie Insurance

  • Years w/o layoff: 77
  • Company outlook: Mixed. Although the company is profitable, its longtime CEO recently resigned due to health problems.
  • No. of employees: 3,800
  • Typical job/pay: Insurance underwriters earn anywhere from $30,000 to $75,000 a year.
  • How to get one of these lifetime jobs: Erie gets 500 applications a month, while hiring only about 30.

Fannie Mae

  • Years w/o layoff: 6
  • Company outlook: Strong. Fannie Mae recently reported record earnings for its fiscal year. But there are occasional attempts to remove its federal backing, which would reduce its profitability.
  • No. of employees: 4,500

FedEx

  • Years w/o layoff: 1
  • Company outlook: Strong. Analysts expect the company's sales and profits to continue to grow.
  • No. of employees: 215,000
  • Typical job/pay: Couriers earn about $34,000 a year.

Freddie Mac

  • Years w/o layoff: 2
  • Company outlook: Strong. Freddie Mac reported record earnings in 2001.
  • No. of employees: 3,900

Harley Davidson

  • Years w/o layoff: 20
  • Company outlook: Strong. Sales of hogs keep growing.
  • No. of employees: 7,625

Herr Foods Inc.

  • Years w/o layoff: 3
  • Company outlook: Stable. The privately held company doesn't release financial data, but demand for potato chips tends to grow a steady 2 percent a year, no matter how bad the economy is.
  • No. of employees: 1,050
  • Typical job/pay: Machine operators. Entry level laborers start at about $13 an hour.

Hypertherm Inc.

  • Years w/o layoff: 34
  • Company outlook: Private
  • No. of employees: 574
  • Typical job/pay: International sales

Lincoln Electric

  • Years w/o layoff: 51
  • Company outlook: Mixed. Though suffering from the manufacturing recession, the company remains profitable. It expects flat sales, and a slight profit decline in 2002.
  • No. of employees: 2,900 in the U.S.
  • Typical job/pay: Factory jobs start at a training wage of about $11 an hour.

Nucor

  • Years w/o layoff: 33
  • Company outlook: Strong. Though the entire steel industry is in recession, Nucor is the only large steelmaker that is still making a profit.
  • No. of employees: 8,300

Pella

  • Years w/o layoff: 77
  • Company outlook: Private
  • No. of employees: 6,885

SAS Institute

  • Years w/o layoff: 25
  • Company outlook: Stable. Privately held SAS doesn't release financial information, but analysts say its sales appear to be stable.
  • No. of employees: 4,500 in the U.S.
  • How to get one of these lifetime jobs: It's tough. In '01 it had 25,000 applicants and hired 600. Right now it's looking for experienced technical salespeople.

SC Johnson

  • Years w/o layoff: 116
  • Company outlook: Mixed. While staples like Ziploc bags and Glade freshener tend to be somewhat protected from business cycles, analysts say the privately held company's profits are dropping.
  • No. of employees: 9,500
  • How to get one of these lifetime jobs: There's a lot of competition. SC Johnson received 3,530 resumes last year and hired only about 140 people.

Southwest

  • Years w/o layoff: 31
  • Company outlook: Mixed. New terrorism and security concerns will require changes to its low-cost, short-flight strategy, but Southwest was one of the very few airlines to eke out a profit in the 4th quarter of 2001, the worst quarter in aviation history.
  • No. of employees: 33,000
  • How to get one of these lifetime jobs: It's tough. Southwest received almost 195,000 resumes last year and hired 6,400 people.

Synovus

  • Years w/o layoff: 114
  • Company outlook: Stable. Analysts say that Synovus has a history of solid stable growth.
  • No. of employees: 11,000
  • Typical job/pay: Entry level tellers earn about $15,000 a year.

advertisement

advertisement

advertisement








Copyright © 2007 U.S. News & World Report, L.P. All rights reserved.
Use of this Web site constitutes acceptance of our Terms and Conditions of Use and Privacy Policy.
Subscribe | Text Index | Terms & Conditions | Privacy Policy | Contact U.S. News | Advertise