What you should know
– Samsung has been ranked as the top employer for the fourth consecutive year on Forbes’ World’s Best Employers list.
– The rankings are based on surveys of over 170,000 employees at multinational corporations and institutions.
– Samsung encourages employees to work on unique product ideas alongside their regular tasks and supports them financially to bring these ideas to life.
– The tech industry dominates the list, with notable companies like Microsoft, Alphabet (Google’s parent company), and Apple securing top spots.
Full Story
For the fourth year in a row, Samsung has secured the top spot on Forbes’ World’s Best Employers list. This prestigious ranking is a result of a collaboration between Forbes and market research firm Statista, aiming to identify companies that offer a positive work environment. Microsoft came in second place, followed by Alphabet (Google’s parent company) in third place, and Apple in fourth.
To determine the rankings, surveys were conducted with over 170,000 employees across 50 countries at multinational corporations and institutions. Participants were asked to rate their employer on various criteria such as talent development, remote work options, parental leave, diversity, work-life balance, and pride in the company’s products or services. The surveys also included ratings for companies within their industries and countries. Ultimately, the top 700 companies from 43 countries made it onto the final list.
One significant factor that contributed to Samsung’s consistent success is its global workforce of 270,372 employees across all sites, making it the largest employer among the top five. The company’s dedication to keeping its employees satisfied by providing excellent facilities and growth opportunities is evident. Samsung even encourages employees to work on unique product ideas alongside their regular tasks and offers financial support to bring these ideas to life.
Although the tech industry dominates Forbes’ 2023 World’s Best Employers list, some notable tech players fall behind. Amazon takes the 38th spot, while Meta (formerly known as Facebook) trails even further at 98th place. Interestingly, another recent study highlighted the tech industry’s influence on top-rated CEOs, with NVIDIA’s CEO, Jensen Huang, leading the list and Apple’s CEO, Tim Cook, ranking fourth. It seems that in 2023, the fourth place is reserved for the Cupertino-based tech giant.