List of 100 Best Companies to Work For, by Fortune

Fortune has released its 2024 list of the "100 Best Companies to Work For". The list is compiled based on employee feedback and focuses on trust, innovation, company culture, and leadership quality. Here are the top 10 companies from the list:

1. Hilton
2. Cisco Systems
3. Nvidia
4. American Express 
5. Synchrony Financial
6. Wegmans Food Markets
7. Accenture
8. Marriott International
9. Cadence Design Systems
10. Comcast NBCUniversal

The list reflects a trend towards empathetic workplace practices, diversity and inclusion initiatives, and competitive compensation. It's also noted that nearly all of the companies listed are committed to hybrid work environments.

The ranking of companies in Fortune's "100 Best Companies to Work For" list is based on a comprehensive survey conducted by Great Place To Work®. The key factors include:

• Trust Index™ Survey: Employees provide confidential feedback on their workplace experiences, responding to 60 statements on a five-point scale and answering two open-ended questions.
• Employee Experience: The survey assesses trust in management, connection with colleagues, loyalty to the company, respect, training benefits, appreciation, support for well-being, and opportunities to contribute.
• Fairness: The survey evaluates fairness related to pay, profits, promotions, recognition, favoritism, and opportunities.
• Pride and Meaning: Employees share if they are proud of their work, their team, and their company, and if they feel their work is meaningful.
• Enjoyment: It measures whether employees enjoy the people they work with, feel cared for, and can be themselves.
• Demographic and Role Diversity: The survey measures differences in responses across demographic groups and roles within each organization to assess the quality and consistency of the employee experience.
• Programs and Workplace Strategy: Companies also answer six essay questions providing insight into their programs and workplace strategy.

The rankings reflect the extent to which a positive workplace experience is shared by the full workforce, with a focus on creating great work experiences for all employees, regardless of their position or demographic. 

Annual FORTUNE Global 500 List Features 133 Chinese Co.s , 121 US Firms with Walmart maintaining Top Spot

 2020 Ranking Features 133 Chinese Companies, 121 U.S. Companies, and 53 Japanese Companies

Walmart Maintains Top Spot; 18 companies make their debut

NEW YORK, Aug. 26, 2020 /PRNewswire/ -- This month, FORTUNE announced the FORTUNE Global 500 for the 2019 fiscal year, ranking the world's largest corporations by revenue. Walmart claimed the top spot for the seventh consecutive year, and for the 15th time since 1995. For the first time ever, Mainland China (including Hong Kong) has the most companies on the list, up five from last year with 124. Adding Taiwan, the total for Greater China is 133. The U.S. held steady with 121, and Japan gained one for a total of 53. The companies on the 2020 list are based in 225 cities and 32 countries around the world. This year there are 14 women CEOs of FORTUNE Global 500 companies.

FORTUNE Global 500 companies generated revenues totaling more than one-third of the world's GDP. They generated $33.3 trillion in revenues (up 2%), $2.06 trillion in profits (down 4%) and employ 69.9 million people worldwide. Saudi Aramco (No. 6) netted $88 billion in profits, and is the FORTUNE Global 500's most profitable company for the second consecutive year.

THE FORTUNE GLOBAL 500 TOP 10 LIST:

1. Wal-Mart Stores (U.S.)
2. Sinopec (China)
3. State Grid (China)
4. China National Petroleum (China)
5. Royal Dutch Shell (Netherlands)
6. Saudi Aramco (Saudi Arabia)
7. Volkswagen (Germany)
8. BP (Britain)
9. Amazon.com (U.S.)
10. Toyota Motor (Japan)

View the complete ranking here. 

Explore a data visualization of the history of the Global 500.

In his foreword to the Aug./Sept. 2020 issue of FORTUNE, Editor-in-Chief Clifton Leaf writes: "There were precisely zero Global 500 companies based in mainland China in 1990 when we began our survey. Today there are more giant for-profit enterprises there than anywhere else on earth. […] It should go without saying (but, unfortunately, too often goes unsaid) that cross-border trade is precisely what made America the first economic superpower—long before it made China one. American companies exported $2.5 trillion worth of goods and services in 2019, up from $487 billion three decades earlier—a greater than fivefold increase in nominal dollars. Even adjusting for inflation, the growth rate is 152%. (For those who believe imports have increased at a substantially faster rate over the past three decades, prepare to be shocked: In inflation-adjusted terms, imports have grown 160%, barely more than exports.)"

On the U.S.-China economic rivalry, Geoff Colvin writes: "The shift in the Global 500 is significant because this rivalry is founded on economic might. Analysts can quibble over which country's economy is biggest. The U.S. remains well ahead when the comparison is based on currency exchange rates, with 2019 U.S. GDP of $21.4 trillion vs. China's $14.3 trillion. But based on purchasing power parity, a measure that adjusts for the countries' differing price levels, China is slightly ahead of the U.S.—$21.4 trillion vs. $20.5 trillion as of 2018, the most recent year for which the World Bank has data. The gap is probably wider now and continuing to widen."

Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2020.  All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year's figures as originally reported for that year.

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