SAS Inc.: Working the Good Life

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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...

Protecting the Unique Corporate Culture Though SAS provided a wide range of perks, it did not offer stock holding options to employees like other software companies. This was because it was a privately held company and Goodnight consistently opposed the idea of going public... Results SAS's insistence on preserving its creative resources, i.e. its talented workforce, guided the company in introducing various employee wellbeing policies and perks. According to Goodnight, "Ninety-five percent of our assets drive out the gate every afternoon at five...

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
Exhibit II: Timeline of Employee Benefits Introduced in SAS
Exhibit III: Growth in Annual Revenue from 1976-2009
Exhibit IV: SAS In-Campus Swimming Pool
Exhibit V: SAS Office Room
Exhibit VI: Awards and Recognition won by SAS for Being a Employee Friendly Organization

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