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'' 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 ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by ...
, 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 sociology, sociological concept of the ''Öf ...
and private companies. 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, Hilton Worldwide and
Wegmans Food Markets 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. Th ...
.


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's similar list). Additionally, Wegmans,
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, ana ...
, W. L. Gore,
REI Rei or REI may refer to: Arts and entertainment *Rei, a story arc of the anime ''Higurashi When They Cry'' *Rei, a shapeshifting godlike dragon in the Australian webcomic series ''Vainglorious'' *Rei I, II and III, episodes of ''Neon Genesis Eva ...
,
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Ho ...
,
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, 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 US ...
, The Container Store,
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 Marriott may refer to: People *Marriott (surname) Corporations * Marriott Corporation, founded as Hot Shoppes, Inc. in 1927; split into Marriott International and Host Marriott Corporation in 1993 * Marriott International, international hot ...
, Genentech and
Nordstrom Nordstrom, Inc. () is an American luxury department store chain headquartered in Seattle, Washington, and founded by John W. Nordstrom and Carl F. Wallin in 1901. The original Wallin & Nordstrom store operated exclusively as a shoe store, and ...
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 ...
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.


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See also

* 40 Under 40 (Fortune magazine) * 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