Quintiles Transnational Corp. Named to Training Top 125

Strategic Insights -

Quintiles Transnational Corp., the world's largest pharmaceutical services company, has been recognized for its excellence in employer-sponsored training and development programs. The company has been named to the Training Top 125, a prestigious annual list that ranks companies based on their commitment to employee development. This marks the first time Quintiles has been included in the rankings, entering at number 80, and is the only major contract research organization (CRO) in the 2009 list. The company's Global Learning & Development function has been recognized for its efforts in investing in employee growth and development, which is critical to meeting the demands of customers worldwide.

Key Takeaways:

  • Quintiles Transnational Corp. has been named to the Training Top 125 for the first time, ranking number 80 in the 2009 list.
  • The company is the only major contract research organization (CRO) in the 2009 rankings.
  • The Training Top 125 is a diverse cross-section of global industry leaders, including companies such as Microsoft, Intel, and Wells Fargo.
  • The company's Global Learning & Development function has been recognized for its efforts in investing in employee growth and development.
  • The growth and development of company personnel are critical to meeting customer demands, particularly in a global marketplace.
  • The company's training budget, percentage of payroll, and number of training hours per employee program are key factors in its ranking.
  • Rankings are determined by assessing qualitative and quantitative factors, including financial investment in employee development, scope of development programs, and alignment with business goals and objectives.

Statistics:

  • Quintiles Transnational Corp. ranks 80th in the 2009 Training Top 125.
  • The company has more than 22,000 employees and offices in over 50 countries.
  • The company has a global learning and development function.
  • The company invests its training budget, with 10.2% allocated to employee development as a percentage of payroll.
  • The company offers 92.4 hours of training per employee annually.

Sources:

  • Quintiles Transnational Corp.
  • Training magazine (Nielsen Business Media, The Nielsen Company)
  • Biotech Week editors
  • NewsRx.com