ST. LOUIS--(BUSINESS WIRE)--McCarthy Building Companies, Inc., one of the nation’s oldest and largest privately-held construction companies and a 100 percent employee-owned business, was honored Monday night with a 2013 Training Magazine Top 125 Award. This recognition represents the third year in a row McCarthy has received this award and the second consecutive year for the firm ranking in the top 10.
Presented during the Training 2013 Conference & Expo in Orlando, the award recognizes the top training organizations based on excellence in employer-sponsored training and development programs across all industries. McCarthy was again honored with placement on the prestigious list, moving up from 10th to 6th place in this year’s ranking. This result positioned the firm as the highest ranked construction company on the list for the second year in a row, supporting a national effort to provide high quality development opportunities for those pursuing careers in the science, technology, engineering and mathematics (STEM) fields.
“To deliver exceptional construction results for our clients, we know we must develop the best true builders in the industry,” commented McCarthy Chairman and CEO Mike Bolen. “And, as an employee-owned company, these builders also need to understand the intricacies of our business to bring real value to our clients and partners. It is truly an honor to be included among America’s best on the Training 125.”
Founded as a family-owned business almost 150 years ago, McCarthy is one of the largest 100% employee-owned companies in America today. The firm has long fostered a culture dedicated to continuous improvement, and “Learning” represents one of McCarthy’s six company Core Values. While a formal McCarthy Training Program had been in place for decades, McCarthy launched an entirely revamped training program in 2008 under McCarthy Build U®. Unusual in the construction industry and among best-in-class training programs outside of the construction industry, McCarthy Build U is a personalized approach to employee development. Through a comprehensive array of in-person, online and self-directed training opportunities, employees are empowered to take control of their personal and professional development. Ensuring the safety of all individuals who work on or near all McCarthy project sites is the firm’s number one priority. This vigilant approach to safety is supported by McCarthy’s comprehensive Safety Training Program. Further, employees have access to an extensive on-the-job training program, as well as more than 325 instructor-led classroom sessions, 135 instructor-led virtual classroom sessions and 250 online, self-paced modules focused on building, business and management skills.
“Our focus on developing the best builders and industry professionals in the business starts from Day One,” explained McCarthy President and Chief Operating Officer Derek Glanvill. “With a training investment three times the construction industry average, we are serious about this effort. This approach enables us to attract and retain the best talent, execute work that others say is ‘impossible,’ and ultimately develop future company and industry leaders.”
About the Training 125
Now in its 13th year, the Training Top 125 ranking is based on a variety of benchmarking statistics such as total training budget; percentage of payroll; number of training hours per employee program; goals, evaluation, measurement, and workplace surveys; hours of training per employee annually; and detailed formal programs. The ranking is determined by assessing a range of qualitative and quantitative factors, including financial investment in employee development, the scope of development programs, and how closely such development efforts are linked to business goals and objectives. More information about the 2013 Training Top 125 Award winners may be obtained online at www.trainingmag.com.
About McCarthy
McCarthy Building Companies, Inc. is one of the nation’s oldest and largest commercial builders. Committed to the construction of high performance green buildings, progressive job site technology, and safer, faster and more cost-effective execution, the company provides general contracting, construction management, and design-build services for healthcare, educational, commercial, parking structures, science and technology facilities; office buildings; tenant interiors; mixed-use; bridges; and highways. Repeatedly honored as a Best Place to Work, McCarthy is a 100 percent employee-owned private company, or “S corporation employee stock ownership plan” (S ESOP). More information about the company is available online at www.mccarthy.com.
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