SAS Inc.: Working the Good Life
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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
Compensation Package and Financial Benefits
In addition to the numerous perks the company gave its employees, it also paid an attractive salary package. The compensation package had a variable component based on profit sharing, bonuses, and individual performance...
HRM experts applauded SAS as well as Goodnight as trendsetters in encouraging work life balance. According to industry observers, SAS had set an example for other companies on how to reduce employee attrition by providing a better work environment and following family-oriented policies...
The company refused to agree with the critics' opinion that the flexible work hour option might result in some employees working for fewer hours, and hence the work schedule of employees should be monitored...
In accordance with its tradition, SAS did not retrench its workforce even during the global economic recession of 2008-2010. Goodnight said that since SAS valued its employees as its most important asset, it would never resort to lay-offs to reduce costs and improve profits...
Exhibit I: Top Ten Best Companies to Work For in 2010
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