EMC Corporation (NYSE: EMC), a Financial Times Global 500, Fortune 500 and S&P 500 company,[2] the world leader in information infrastructure solutions, develops, delivers and supports information infrastructure and virtual infrastructure hardware, software, and services. EMC is headquartered in Hopkinton, Massachusetts, USA.[3]
Former Intel executive Dick Egan and his college roommate, Roger Marino, founded EMC in 1979. The company’s name, EMC, stands for the initials of the founders, and an unknown third individual who has remained nameless. "EMC Corporation" is the company's full name.[4]
EMC stock went public on April 4, 1986 at a price of $16.50 per share.
EMC serves customers in more than 100 countries. It is important for us to be close to our customers in our growing markets. New pools of talent are blossoming around the world, and we are on a journey to find the best minds everywhere. EMC's Centers of Excellence (COEs) are cultivating talent and expanding our presence in key markets around the globe.
The COEs leverage specific expertise and skills in key markets to advance EMC's business. The employees perform essential services for EMC business units, including engineering R&D, customer service, translation services, tech support, and back office processing. The COEs are locally managed at corporate headquarters, and a cross-functional board of EMC senior executives oversees strategy and investment decisions.
COEs are now open in China, Egypt, Ireland, India, Israel, and Russia. They complement the traditional bases of innovation in North America and Western Europe. One unique advantage of the COE model is that employees from different business units have more opportunities for close contact and collaboration, as opposed to our larger locations where employees often interact only within their own business unit.
Many technology companies are seeking to hire top talent in our COE locations. COE management works closely with University Relations, the Academic Alliance, Corporate Training, and the Innovation Network on our recruiting strategy. We also work hard on employee retention, and have kept attrition rates below the market average in each of our COE locations.
Retention
EMC seeks to partner with employees to improve our collective health and reduce healthcare costs. To that end, we offer a health management program including an array of health management tools, educational resources, and fitness and eating facilities–all available to you and your dependents.
As an EMC employee, you will realize that our partnership with you is not just about paying for healthcare. It’s about investing in your health and your family’s health–to get you well and keep you that way. Today, a healthy workplace is one where you can manage stress, maintain a healthy lifestyle, and successfully integrate work and family. EMC is proud to offer many programs to support this kind of healthy working environment.
HealthLink — Manage your health (and your family’s health) effectively with this web-based personal health management program powered by WebMD. This private, secure environment is available 24/7 from work or home. EMC was the first company to offer an electronic personal health record to our employees. With HealthLink, you can access online education and custom e-mail newsletters geared toward your interests—such as back pain, weight loss, or high blood pressure. Completion of the online Health Risk Assessment (HRA) is linked to premium incentives.
Dietary Approaches to Stop Hypertension (DASH) — Lower your blood pressure with this partnership program between EMC and the Boston University School of Medicine. Since 2002, this web-based program, recommended by the American Heart Association, has provided EMC participants with guidance for reducing hypertension. Participants work with a trainer who teaches them how to properly portion food and develop eight weeks’ worth of workouts that can fit into a busy lifestyle.
BestDoctors — Make informed healthcare decisions for yourself and your dependents with the help of this Boston-based company started by doctors affiliated with Harvard University School of Medicine. Through BestDoctors, you and your attending physician can receive advice from other physicians regarded as experts in their fields. This information can help you make better decisions. This service is completely independent, free, and confidential. Use of this program by EMC employees has surpassed expectations.
Health management seminars — Get access to experts in the health and wellness arena and learn how to reduce risks, gain a healthy outlook, and recognize warning signs.
Medical benefits
Medical benefits — Choose from a variety of options when selecting your healthcare provider. Many of the plans incorporate a managed care strategy, including several HMO options and a PPO option. EMC also offers a Health & Savings Plan (HSA), which is a portable, high-deductible medical plan with a tax-advantaged savings component.
Delta Dental — Receive comprehensive dental coverage (if elected) for a full range of preventive, restorative, and orthodontic dental services.
Behavioral health benefits — Get access to the Employee Assistance Program (EAP) and managed Mental Health/Substance Abuse benefits (if you are enrolled in an EMC medical plan). This coverage provides confidential consultation for a wide range of issues, including mental health, marital and family issues, substance abuse issues, and financial and legal matters.
Prescription services — Enjoy the benefits of pharmacy and mail order prescription coverage through Medco if you are an employee enrolled in any of EMC’s medical plans.
Vision service plan — Elect to receive coverage for eye exams and eyewear for a nominal co-payment through the VSP network.
Health care flexible spending account — Set aside up to $5,000 per year on a pre-tax basis to pay for unreimbursed health care expenses (medical, dental, and vision care) while lowering your taxable income. Additionally, if you are enrolled in an EMC medical plan, the company will match 50% of your FSA contribution up to a maximum of $250 per year.
Dependent care flexible spending account — Set aside up to $5,000 per year on a pre-tax basis to pay for care expenses of qualified dependents, while lowering your taxable income.
EMC also introduced the new EMC Infoscape software to help companies discover, classify and manage unstructured enterprise information. This software enables customers to efficiently, accurately and easily search all corporate information in file systems; automatically classify information based on business value; manage the retention of unstructured information for compliance; and facilitate policy-based and automated data migration across a tiered storage infrastructure.
Additionally, EMC introduced in 2006 a number of new and updated software products that enable customers to improve the recovery of critical applications and data. EMC’s recovery management solutions target three pillars in data protection – application-aware protection, disk-based recoverability and enhanced manageability – enabling customers to recover the right data, at the right time, easily and reliably.
To measure return on investment, FCG focused on cost reductions that resulted from eliminating travel for its learners and instructors using standard T&E rates of $380 per person, per day. Total savings were calculated assuming a conservative estimate of six training days per year per associate. Based on these numbers alone, FCG's investment in Centra paid for itself in less than one year with a return on investment of 215%. In addition to direct cost savings, FCG realized strategic benefits from increased billings and a 1% increase in associate retention.
"During this period of significant transition in the healthcare industry, First Consulting Group has achieved strategic advantage through forward-thinking approaches in accelerating knowledge transfer while lowering the expenses related to getting the right information to the right people at the right time," said Tony Mark, President and Chief Operating Officer of Centra. "As a leader in their field, FCG provides another great example of how eLearning initiatives can be fundamentally critical to business success."
Former Intel executive Dick Egan and his college roommate, Roger Marino, founded EMC in 1979. The company’s name, EMC, stands for the initials of the founders, and an unknown third individual who has remained nameless. "EMC Corporation" is the company's full name.[4]
EMC stock went public on April 4, 1986 at a price of $16.50 per share.
EMC serves customers in more than 100 countries. It is important for us to be close to our customers in our growing markets. New pools of talent are blossoming around the world, and we are on a journey to find the best minds everywhere. EMC's Centers of Excellence (COEs) are cultivating talent and expanding our presence in key markets around the globe.
The COEs leverage specific expertise and skills in key markets to advance EMC's business. The employees perform essential services for EMC business units, including engineering R&D, customer service, translation services, tech support, and back office processing. The COEs are locally managed at corporate headquarters, and a cross-functional board of EMC senior executives oversees strategy and investment decisions.
COEs are now open in China, Egypt, Ireland, India, Israel, and Russia. They complement the traditional bases of innovation in North America and Western Europe. One unique advantage of the COE model is that employees from different business units have more opportunities for close contact and collaboration, as opposed to our larger locations where employees often interact only within their own business unit.
Many technology companies are seeking to hire top talent in our COE locations. COE management works closely with University Relations, the Academic Alliance, Corporate Training, and the Innovation Network on our recruiting strategy. We also work hard on employee retention, and have kept attrition rates below the market average in each of our COE locations.
Retention
EMC seeks to partner with employees to improve our collective health and reduce healthcare costs. To that end, we offer a health management program including an array of health management tools, educational resources, and fitness and eating facilities–all available to you and your dependents.
As an EMC employee, you will realize that our partnership with you is not just about paying for healthcare. It’s about investing in your health and your family’s health–to get you well and keep you that way. Today, a healthy workplace is one where you can manage stress, maintain a healthy lifestyle, and successfully integrate work and family. EMC is proud to offer many programs to support this kind of healthy working environment.
HealthLink — Manage your health (and your family’s health) effectively with this web-based personal health management program powered by WebMD. This private, secure environment is available 24/7 from work or home. EMC was the first company to offer an electronic personal health record to our employees. With HealthLink, you can access online education and custom e-mail newsletters geared toward your interests—such as back pain, weight loss, or high blood pressure. Completion of the online Health Risk Assessment (HRA) is linked to premium incentives.
Dietary Approaches to Stop Hypertension (DASH) — Lower your blood pressure with this partnership program between EMC and the Boston University School of Medicine. Since 2002, this web-based program, recommended by the American Heart Association, has provided EMC participants with guidance for reducing hypertension. Participants work with a trainer who teaches them how to properly portion food and develop eight weeks’ worth of workouts that can fit into a busy lifestyle.
BestDoctors — Make informed healthcare decisions for yourself and your dependents with the help of this Boston-based company started by doctors affiliated with Harvard University School of Medicine. Through BestDoctors, you and your attending physician can receive advice from other physicians regarded as experts in their fields. This information can help you make better decisions. This service is completely independent, free, and confidential. Use of this program by EMC employees has surpassed expectations.
Health management seminars — Get access to experts in the health and wellness arena and learn how to reduce risks, gain a healthy outlook, and recognize warning signs.
Medical benefits
Medical benefits — Choose from a variety of options when selecting your healthcare provider. Many of the plans incorporate a managed care strategy, including several HMO options and a PPO option. EMC also offers a Health & Savings Plan (HSA), which is a portable, high-deductible medical plan with a tax-advantaged savings component.
Delta Dental — Receive comprehensive dental coverage (if elected) for a full range of preventive, restorative, and orthodontic dental services.
Behavioral health benefits — Get access to the Employee Assistance Program (EAP) and managed Mental Health/Substance Abuse benefits (if you are enrolled in an EMC medical plan). This coverage provides confidential consultation for a wide range of issues, including mental health, marital and family issues, substance abuse issues, and financial and legal matters.
Prescription services — Enjoy the benefits of pharmacy and mail order prescription coverage through Medco if you are an employee enrolled in any of EMC’s medical plans.
Vision service plan — Elect to receive coverage for eye exams and eyewear for a nominal co-payment through the VSP network.
Health care flexible spending account — Set aside up to $5,000 per year on a pre-tax basis to pay for unreimbursed health care expenses (medical, dental, and vision care) while lowering your taxable income. Additionally, if you are enrolled in an EMC medical plan, the company will match 50% of your FSA contribution up to a maximum of $250 per year.
Dependent care flexible spending account — Set aside up to $5,000 per year on a pre-tax basis to pay for care expenses of qualified dependents, while lowering your taxable income.
EMC also introduced the new EMC Infoscape software to help companies discover, classify and manage unstructured enterprise information. This software enables customers to efficiently, accurately and easily search all corporate information in file systems; automatically classify information based on business value; manage the retention of unstructured information for compliance; and facilitate policy-based and automated data migration across a tiered storage infrastructure.
Additionally, EMC introduced in 2006 a number of new and updated software products that enable customers to improve the recovery of critical applications and data. EMC’s recovery management solutions target three pillars in data protection – application-aware protection, disk-based recoverability and enhanced manageability – enabling customers to recover the right data, at the right time, easily and reliably.
To measure return on investment, FCG focused on cost reductions that resulted from eliminating travel for its learners and instructors using standard T&E rates of $380 per person, per day. Total savings were calculated assuming a conservative estimate of six training days per year per associate. Based on these numbers alone, FCG's investment in Centra paid for itself in less than one year with a return on investment of 215%. In addition to direct cost savings, FCG realized strategic benefits from increased billings and a 1% increase in associate retention.
"During this period of significant transition in the healthcare industry, First Consulting Group has achieved strategic advantage through forward-thinking approaches in accelerating knowledge transfer while lowering the expenses related to getting the right information to the right people at the right time," said Tony Mark, President and Chief Operating Officer of Centra. "As a leader in their field, FCG provides another great example of how eLearning initiatives can be fundamentally critical to business success."