Friday, May 13, 2005

Does Company Success Depend on its People?

FundWatch: New fund invests in employee-friendly companies - Financial - Financial Services - Mutual Funds

The Parnassus Workplace Fund believes that it may, and they are ready to prove it. The fund focuses on companies with strong records in employee relations, on the premise that they offer outsized returns.

"Companies which treat their employees well can be expected to provide superior products and services to their customers," said Jerome Dodson, president of San Francisco-based Parnassus Investments. As a result, he added, they should outperform competitors.

There is no denying that companies that treat their employees well, reap the positive returns. Read the entire Market Watch article here.

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