At Bloomington-based Prime Therapeutics, employees can qualify for reduced health insurance premiums for improving their health and for financial incentives of up to 30 percent of salary for meeting performance goals.
But the overriding factor that makes Prime Therapeutics one of the top workplaces among large companies in Minnesota is the way employees are treated on the job.
Employee engagement comes through loud and clear as a top priority among the top large company workplaces in the Star Tribune's fourth annual survey. In survey responses, one employee said: "Encouragement is constant, gratitude is shown often." Said another: "Recognition is given when good work is prevalent, and coaching is given when standards are not met."
"We believe that employees understand what we are trying to accomplish and feel a sense of ownership," said Eric Elliott, CEO of Prime Therapeutics, the nation's fourth-largest pharmacy benefit manager. "Our employees know their voice matters. If you ask a question, you will get an answer."
The privately held company is owned by Blue Cross and Blue Shield of Minnesota as well as "Blues" in 12 other states. In 2012 it managed $12.4 billion in prescription drug spending. Prime Therapeutics, with nearly 1,400 Minnesota employees, ranked 17th among the top 30 big workplaces, up from 19th a year earlier.
Karin Eason, a clinical review pharmacist, started at Prime Therapeutics in May. Friends who are also clinical review pharmacists encouraged her to apply.
"They said it offers a really good balance between personal life and work life and that it provided the opportunity to really use your skills as a pharmacist in a clinical setting, which can fall by the wayside in a retail setting," said Eason, who left a retail pharmacy job at Fairview Pharmacy Services.
Prime Therapeutics even allows its employees to work from home. "That is unheard of in my industry," she said. "That is extremely flexible."