CISCO TOPS 25TH ANNUAL LIST OF THE TOP 100 COMPANIES FORTUNE WILL WORK FOR IN 2022


Cisco is followed by Hilton, Wegmans Food Markets, Salesforce and Nvidia

NEW YORK, April 11, 2022 /PRNewswire/ — Today, FORTUNE and Great Place to Work unveiled their annual list of the 100 Best Companies to Work For, with Cisco taking top honors for the second year in a row. From this year’s leader, FORTUNE Senior Reporter Megan Leonhardt writes: “The tech giant has offered free counseling sessions through the company’s Employee Assistance Program for more than 20 years and recently bolstered its digital therapy options […] He launched a company-wide day for me, essentially an extra paid day off in the spring of 2020 to help workers prioritize self-care. Cisco officially implemented the benefit last year and has offered an additional eight days of paid vacation so far, with three more planned for 2022.” Learn more about the companies on the list here.

About this year’s list, the editors of FORTUNE write, “FORTUNE and our partner Great Place to Work have been publishing the Best Companies list for 25 years, with none busier than the last two. As COVID-19 has forever changed the way we work, the best companies are stepping up to support their employees as they navigate uncharted waters.”

For the 25and anniversary of this list, FORTUNE also noted the best, most recognized companies to work for. Cisco and Wegmans Food Markets, ranked first and third on this year’s list, have been recognized each year the list has been published, along with Marriott International (23rd) and Publix Supermarkets (92n/a).

The 10 best companies to work for in 2022 are:

  1. Cisco
  2. hilton
  3. Wegmans Food Markets
  4. Selling power
  5. Nvidia
  6. Accenture
  7. Rocket companies
  8. American Express
  9. David Weekley Houses
  10. Capital One Financial

See the full list of 100 best companies to work for.

The 100 best companies to work for in 2022 by the numbers:

  • 238,959: The current number of vacancies at the 100 best companies to work for
  • $24: The minimum amount Target will pay certain retail workers per hour in 2022
  • $2,000: The amount of the subsidy David Weekley Houses grants employees a sabbatical of four to six weeks
  • 18: The number of companies on the list that offer fully paid sabbaticals
  • 20%: The percentage of Wegmans employees who are related to someone else who works in the supermarket chain
  • $450 million: The amount American Express spent on its DEI initiative between October 2020 and mid-2021

Also in April/May 2022 FORTUNE issue: “Feed Your Career”, by the editor Beth Kowittin which she explores why Publix and Wegmans have accomplished the rare feat of claiming a place on FORTUNE’s Best Companies list for 25 consecutive years, and how grocers keep employees happy and loyal at a time when retail workers resign en masse.

Kowitt writes: “What is most striking about the Publix and Wegmans streak is that already notoriously low-paying supermarket jobs have become even more grueling over the past two years as workers put their lives at risk by presenting every day in the midst of a pandemic Add to that the stress of dealing with disgruntled customers and you’ll see why so many workers have reached a breaking point. December 2021 some 786,000 retail workers quit, a record in an industry already plagued by high turnover. To learn more, click here.

On April 25, 2022on the 25th anniversary of the 100 Best Companies to Work For list, Fortune CEO Alan Murray, Great Place to Work® CEO Michael C. Bush, Target CEO Brian Cornell, Hilton CEO Chris Nassetta, Cisco CEO Chuck Robbins and Accenture CEO Julie Sweet and other top CEOs will discuss what it takes to make a company great, and how diversity, equity, inclusion and belonging are essential for all modern companies looking for top talent and engaged employees. They’ll also discuss how remote and hybrid working are changing the employee experience, focusing on what worked, what didn’t, and the challenges ahead. This virtual event is supported by Great Place to Work and UKG, and it’s free and open to the public. Register here.

METHODOLOGY

Great Place to Work determines the list using its proprietary For All methodology to assess and certify thousands of organizations in the largest ongoing annual workforce study in the United States, based on more than 870 000 responses to employee surveys and data from companies representing more than 6.1 million employees this year alone.

The survey allows employees to share confidential quantitative and qualitative feedback on their organization’s culture by responding to 60 statements on a five-point scale and answering two open-ended questions. Together, these statements describe an excellent employee experience, defined by high levels of trust, respect, credibility, fairness, pride and camaraderie. Additionally, companies provide organizational data such as size, location, industry, demographics, roles, and levels.

Great Place to Work measures differences in survey responses across demographic groups and roles within each organization to assess both the quality and consistency of the employee experience. The statements are weighted according to their relevance in describing the most important aspects of a fair workplace.

Each company also answers six essay questions that provide insight into how and why the organization is ideal for everyone. Responses are rigorously assessed and cross-referenced against Great Place to Work search criteria. The survey data analysis and trial evaluation results are then factored into a combined score to compare and rank the companies that create the most positive experience for all employees. Many companies survey every employee, far exceeding the minimum threshold of 5,000. While survey responses provide important context for rankings, only survey data can earn placement in the list.

To be considered for the list, companies must be Great Place to Work-Certified™, have at least 1,000 US employees, and not be a government agency. Great Place to Work requires statistically significant investigation results, reviews anomalies in responses, timeliness, and financial performance, and investigates any employee reports that indicate the company is not following strict investigation rules for validate the integrity of the results and conclusions. Data is also normalized to fairly compare companies of all sizes and industries.

To learn more about becoming Great Place to Work certified and applying to this or other Best Workplaces lists, visit greatplacetowork.com.

The month of April/May 2021 issue of FORTUNE is now on newsstands.

About FORTUNE

FORTUNE drives business conversation. With a global perspective, the guiding wisdom of history, and an unwavering eye to the future, we report and reveal the stories that matter today and will matter even more tomorrow. With the trusted power to unite and challenge those who shape industry, commerce and society around the world, FORTUNE lights the way for global leaders and empowers them to do better business. For more information, visit www.fortune.com.

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Alison Klooster
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Media SOURCE FORTUNE

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