Company: Insperity, Kingwood, TX USA
Category: Employer of the Year - Business Services
More than 32 years ago, Insperity Chairman and CEO Paul J. Sarvadi envisioned making business owners’ lives easier by taking HR and administrative burdens off their plates. The company has grown from a two-person operation with three initial clients to a publicly traded organization serving more than 100,000 businesses with over 2 million employees. With corporate offices in Houston, Texas, Insperity operates in 68 locations throughout the United States.
Since its beginning, Insperity has recognized the vital role that people play in the success of the organization and designed a corporate culture that is second to none. Establishing a culture that people want to be a part of, expand and develop has been a key to the company’s success.
Insperity hires people for their input, not only their output; and most employees view their role as a calling to help small and medium-sized businesses succeed so communities prosper.
With a culture that endorses work-life balance, family friendly values and an effective combination of individual and team contributions, it’s no surprise that Insperity is continually recognized as a great place to work at the regional and local levels, based largely on employee surveys. In Insperity’s hometown, the Houston Business Journal has named the company one of the Best Places to Work 16 times, and the Houston Chronicle has named Insperity one of the Top Workplaces on 8 occasions, which happens to be every year the program has been in existence.
In 2017, Insperity ranked No. 1 concurrently on the Houston Chronicle and Houston Business Journal lists for the second year in a row, which is no small feat in the nation’s 4th largest city. In addition, Insperity has been ranked as one of the Best Companies to Work for in Texas by Texas Monthly 13 times.
Since 2001, when the company began participating in workplace recognition programs, it has appeared 135 times on the respective lists, reflecting its deep commitment to creating and fostering an exceptional work environment as a preferred employer. The rankings are not only a testament to Insperity’s corporate culture, but they also demonstrate the industry-leading practices that it advocates to more than 100,000 businesses.
Insperity offers a very comprehensive benefits package, including medical, dental, vision, and prescription drug coverage; disability insurance; educational assistance; 401(k) program with a 100% match up to 6%; and a very generous PTO policy.
Insperity employees receive 12 hours of paid volunteer time each quarter so they can participate in company-sponsored volunteer events or with an organization of their choice. In 2017, 76% of employees volunteered nationwide resulting in more than 62,000 hours equivalent to more than $2 million in philanthropic action; $6.2 million was given in monetary and in-kind charitable donations.
Another benefit is The Insperity Fund – Created in 2004 to help employees who experience a time of crisis which warrants financial assistance due to unforeseen circumstances. Insperity provides corporate contributions to The Fund, but it is primarily sustained by employee donations. In 2017, 135 corporate employees received support from The Fund and employee donations totaled $197,000. In the aftermath of Hurricane Harvey, Insperity contributed $1 million to The Fund to help support employees during their recovery efforts. Giving back to the communities where Insperity employees live and work has been a cornerstone of the company’s mission since its inception in 1986. With the aftermath of Hurricane Harvey, this spirit of service continued, with financial support and hundreds of paid volunteer hours helping the community recover and begin to rebuild.
In addition, Insperity invested $9 million of tax reform savings in its employees. The amount of the one-time bonuses ranged from $1,000 to $4,000 per employee dependent upon the employee’s tenure with the company.
Employer of the Year Summary
-In 2017, Insperity ranked No. 1 concurrently on the Houston Chronicle and Houston Business Journal lists for the second year in a row, (the 8 and 16 time overall, respectively), which is no small feat in the nation’s 4th largest city.
-Since 2001, when the company began participating in best places to work programs, it has appeared more than 135 times on the respective lists, reflecting its deep commitment to creating and fostering an exceptional work environment as a preferred employer.
-Insperity offers a very comprehensive benefits package, including medical, dental, vision, and prescription drug coverage; disability insurance; educational assistance; 401(k) program with a 100% match up to 6%; paid volunteer time; The Insperity Fund; and a very generous PTO policy.
-In the aftermath of Hurricane Harvey, Insperity contributed $1 million to The Fund to help support employees during their recovery efforts.
-Insperity invested $9 million of tax reform savings in its employees through one-time bonuses.