''

The 100 Best Companies to Work For is an annual list published by ''
Fortune
Fortune may refer to:
General
* Fortuna or Fortune, the Roman goddess of luck
* Luck
* Wealth
* Fortune, a prediction made in fortune-telling
* Fortune, in a fortune cookie
Arts and entertainment Film and television
* ''The Fortune'' (1931 film) ...
'' magazine that ranks U.S. companies based on employee happiness and perks''.'' Like the
Fortune 500, the list includes both
public
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichk ...
and
private companies
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is ...
.
The list was first published in 1998.
Cisco Systems
Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, ...
received No. 1 placement in the most recent 2021 ranking, followed by
Salesforce
Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, a ...
,
Hilton Worldwide
Hilton Worldwide (legally Hilton Worldwide Holdings Inc.) is an American multinational hospitality company that manages and franchises a broad portfolio of hotels and resorts. Founded by Conrad Hilton in May 1919, the corporation is now led by ...
and
Wegmans Food Markets.
Methodology
To compile the list, ''Fortune'' partners with the Great Place to Work Institute to survey a random group of employees from each company. A company's score is based on the "Trust Index Employee Survey" and the "Culture Audit."
According to the magazine, the Trust Index "asks questions related to employees' attitudes about management's credibility, overall job satisfaction, and camaraderie." The Culture Audit includes "detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, methods of internal communication, training, recognition programs, and diversity efforts."
The methodology has been criticized as being too superficial in focusing primarily on perks, leadership, and financial success as opposed to actual workplace culture and sense of purpose.
Results
Alphabet
An alphabet is a standardized set of basic written graphemes (called letters) that represent the phonemes of certain spoken languages. Not all writing systems represent language in this way; in a syllabary, each character represents a syllab ...
has ranked first eight times and appeared every year from 2006 until 2018 (the company also disappeared from
Glassdoor
Glassdoor is an American website where current and former employees anonymously review companies. Headquartered in San Francisco, California, it has additional offices in Chicago, Dublin, London, and São Paulo. Glassdoor also allows its users to ...
's similar list).
Additionally,
Wegmans
Wegmans Food Markets, Inc. is a privately held American supermarket chain. It is headquartered in Gates, New York, and was founded in 1916 in Rochester.
As of , Wegmans has 110 stores, mostly in the Northeastern and Mid-Atlantic regions. T ...
,
SAS Institute
SAS Institute (or SAS, pronounced "sass") is an American multinational developer of analytics software based in Cary, North Carolina. SAS develops and markets a suite of analytics software ( also called SAS), which helps access, manage, analy ...
,
W. L. Gore,
REI,
Goldman Sachs,
TDIndustries
TDIndustries, founded in 1946, is an American construction and technology corporation that provides commercial and industrial services such as air conditioning, electrical, and plumbing systems primarily through general contractors. They also pr ...
,
Publix
Publix Super Markets, Inc., commonly known as Publix, is an employee-owned American supermarket chain headquartered in Lakeland, Florida. Founded in 1930 by George W. Jenkins, Publix is a private corporation that is wholly owned by present an ...
,
Four Seasons,
Whole Foods
Whole Foods Market IP, Inc., a subsidiary of Amazon, is an upscale American multinational supermarket chain headquartered in Austin, Texas, which sells products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA ...
,
The Container Store
The Container Store Group, Inc. is an American specialty retail chain company that operates The Container Store, which offers storage and organization products, and custom closets.
The company has made '' Fortunes list of " 100 Best Compani ...
,
Cisco
Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, ...
,
Marriott,
Genentech
Genentech, Inc., is an American biotechnology corporation headquartered in South San Francisco, California. It became an independent subsidiary of Roche in 2009. Genentech Research and Early Development operates as an independent center within R ...
and
Nordstrom have all have been on the list at least 17 times.
In 2011, finance professor
Alex Edmans
Alex Edmans is professor of finance at London Business School and the current Mercers' School Memorial Professor of Business at Gresham College. Since 2017 he has been the Managing Editor of the Review of Finance, the leading academic finance jo ...
published a paper in the Journal of Financial Economics showing that the 100 Best Companies to Work For outperformed their peers in total shareholder returns by 2.1–3.5% from 1984–2009.
[Edmans, Alex (2011)]
Does the stock market fully value intangibles? Employee satisfaction and equity prices.
''Journal of Financial Economics'' 101, 621–640.
Previous years
200320092010201120122013201420152016201720182019202020212022
See also
*
40 Under 40 (Fortune magazine)
''Fortune'' magazine's 40 Under 40 is a list of individuals the publication considers to be the most influential young leaders for the year. The list has existed in two phases: First, from 1999 to 2003, the list was presented purely as a numeric ...
*
Other ''Fortune'' lists
References
External links
100 Best Companies to Work For from Great Place to Work InstituteCurrent list
{{Fortune (magazine)
Fortune (magazine)
Annual magazine issues