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| | A.G. Edwards |  | President/CEO:Mr. Robert Bagby | | 17276 employees | | HQ: St.Louis, MO | | www.agedwards.com |
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| A.G. Edwards, a brokerage firm headquartered in St. Louis, fosters a corporate culture rooted in the Golden Rule, encouraging candor and mutual respect in all interactions. Hiring, promotion, and compensation are all based on merit. |
| The firm looks internally when filling job positions, with 1,100 employees transferring internally in 2001-2002, 800 receiving promotions. Compensation includes a base salary and a bonus that is tied to the firm's overall profitability, encouraging teamwork by creating an incentive to work toward common goals. The firm matches contributions to employee 401(k) accounts up to five percent, plus a discretionary percentage based on firm profits for all employees. Total contributions have ranged from 6.5 to 9 percent over the past five years. |
| Employee recognition programs reinforce a feeling of equity. The CEO sends personalized notes to staff members who make noteworthy contributions, and the CEO and division heads often single out individuals for recognition in their newsletters. A recognition program that spells out performance expectations, called the STAR system, creates a consistent feedback methodology that is tied to department-level awards. |
| Diversity training - required for all employees - promotes a sense of justice by equipping employees and managers with the skills for developing tolerance and understanding within their departments and across the organization. |
