Recently, TIME announced the World's Best Companies of 2023. The ranking by Statista and TIME was based on a formula that included employee satisfaction surveys, revenue growth, and rigorous environmental, social, and corporate governance (ESG, or sustainability) data. According to the rankings, the manufacturers and consumer goods companies that once dominated the world economy have been replaced by quick-moving tech and business services firms.
Global surveys with approximately 150,000 participants from 58 countries were used to assess employee satisfaction. The evaluation included both direct and indirect employer evaluations from verified employees. Based on the results of the survey, the following are the Top 10 Companies that have mastered the art of keeping their employees happy and satisfied:
| Employee Satisfaction Rank | Company | Headquarters | Sustainability Rank | Growth Rate | Overall Score | Overall Rank | Industry |
|---|---|---|---|---|---|---|---|
| 1 | Microsoft | United States | 8 | Very High | 96.46 | 1 | IT, Electronics, Hardware & Equipment |
| 2 | Alphabet | United States | 140 | Very High | 95.18 | 3 | Technology, Media & Services |
| 3 | Meta Platforms | United States | 19 | Very High | 94.85 | 4 | Technology, Media & Services |
| 4 | Apple | United States | 13 | Very High | 96.36 | 2 | IT, Electronics, Hardware & Equipment |
| 5 | Delta Air Lines | United States | 564 | Very High | 91.13 | 12 | Transportation, Logistics & Aviation |
| 6 | Amazon | United States | 621 | Very High | 89.18 | 44 | Technology, Media & Services |
| 7 | Volkswagen Group | Germany | 337 | Very High | 90.81 | 15 | Automotive Industry & Suppliers |
| 8 | Dell Technologies | United States | 109 | Very High | 91.59 | 10 | IT, Electronics, Hardware & Equipment |
| 9 | Accenture | Ireland | 1 | Very High | 94.43 | 5 | Professional Services |
| 10 | Roche | Switzerland | 91 | Moderate | 89.52 | 38 | Chemicals, Drugs & Biotechnology |
Source: TIME
1. Microsoft
◇ Microsoft ranked first for employee satisfaction. Microsoft also ranked first in TIME's World's Best Companies 2023 list with an overall score of 96.46 out of 100. The company's CEO is Satya Nadella.
◇ Microsoft's recent fiscal year revenue was $72 billion, a 63% increase from 2020. The company also reduced its overall emissions by 0.5%.
◇ Microsoft is one of the largest companies by revenue. Their products and services include the Windows operating system, the Office software suite, cloud computing, and hardware.
2. Alphabet
◇ Alphabet has ranked second for employee satisfaction. It is also the world's third-best company.
◇ It has a diverse portfolio that includes search engines, online advertising technologies, cloud computing, software, and hardware.
◇ Google's presence in the digital world contributes to Alphabet's position among the top companies by market cap.
3. Meta Platforms
◇ Meta Platforms, formerly known as Facebook, ranked third for employee satisfaction.
◇ Meta Platforms is known for its social media platforms like Facebook, Instagram, and WhatsApp.
◇ The company continues to innovate in the realms of virtual reality and augmented reality with products like Oculus.
4. Apple
◇ Apple ranks fourth for employee satisfaction.
◇ Apple is widely recognized for its iconic products, including the iPhone, Mac, iPad, and Apple Watch.
◇ The company places a strong emphasis on design, user experience, and ecosystem integration.
◇ Apple's commitment to sustainability and renewable energy is reflected in its carbon footprint reduction efforts.
5. Delta Air Lines
◇ Delta Air Lines is the fifth-ranked company for employee satisfaction.
◇ It is a major player in the global aviation industry, offering passenger and cargo services.
◇ Delta has been investing in modernizing its fleet and enhancing the travel experience for customers.
6. Amazon
◇ Amazon secures the sixth position for employee satisfaction.
◇ It is one of the world's largest e-commerce and cloud computing companies.
◇ Amazon is known for its vast product selection, fast deliveries through Amazon Prime, and Amazon Web Services (AWS).
◇ The company has been working on sustainability initiatives, such as its commitment to becoming net-zero carbon by 2040.
7. Volkswagen Group
◇ Volkswagen Group ranks seventh for employee satisfaction.
◇ It is a prominent player in the automotive industry with brands like Volkswagen, Audi, Porsche, and more.
◇ The company has been investing in electric vehicle technology and sustainability, aiming to reduce its carbon footprint.
◇ Volkswagen has ambitious goals to transition to electric mobility in the coming years.
8. Dell Technologies
◇ Dell Technologies is the eighth-ranked company for employee satisfaction.
◇ The company is known for its range of personal computers, servers, and data storage solutions.
◇ Dell has a strong presence in the IT and technology sector, offering a variety of services.
◇ Sustainability is a priority for Dell, focusing on circular economy principles and responsible supply chain practices.
9. Accenture
◇ Accenture is ninth in employee satisfaction rankings and holds the top spot in sustainability rankings.
◇ It is a global professional services firm providing consulting, technology, and outsourcing services.
◇ Accenture's emphasis on sustainability is evident through its commitments to reducing carbon emissions and advancing diversity and inclusion.
10. Roche
◇ Roche rounds out the top ten for employee satisfaction.
◇ Roche is a pharmaceutical and diagnostics company headquartered in Switzerland.
◇ The company focuses on healthcare solutions, including treatments for cancer and other diseases.
◇ Roche's moderate sustainability ranking indicates efforts in the pharmaceutical industry to balance profitability and societal impact.
The Companies' strategic focus on employee well-being, environmental responsibility, and continuous innovation positions them as trailblazers in setting new standards for corporate excellence, fostering a holistic approach that benefits both their workforce and the world at large. In an era where societal and environmental concerns take centre stage, these companies exemplify the power of balancing profitability with purpose.
Source: TIME and Statista
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