If you want a better job in 2024, think about working in technology, finance, or consulting. Recent research from Glassdoor shows that the top 10 companies where employees are happiest and most successful are mostly in these three industries.
Glassdoor revealed its yearly ranking of the Best Places to Work for 2024 on Wednesday. The list includes companies with a minimum of 1,000 employees and 75 reviews on the job site. Each company received ratings on a 5-point scale, considering aspects such as career opportunities, compensation, culture, senior management, and work-life balance.
Glassdoor’s researchers assessed millions of employee reviews and feedback about companies posted on the site from October 2022 to October 2023 to create the ranking.
For the second consecutive year, the technology, finance, and consulting sectors had the highest number of companies listed as top winners. However, the technology sector had a reduced presence in this year’s ranking, with 31 represented companies compared to 41 in the previous year.
According to Daniel Zhao, the lead economist at Glassdoor, employees’ priorities have remained fairly consistent in recent years. Having a supportive workplace, receiving competitive pay, having transparent leaders, and having plenty of opportunities for career growth continue to be the top priorities for employees.
Top 10 U.S. Companies to Work for in 2024
1. Bain & Company
2. NVIDIA
3. ServiceNow
4. MathWorks
5. Procore Technologies
6. In-N-Out Burger
7. VMware
8. Deltek
9. 2020 Companies
10. Fidelity Investments
Most employees and job seekers are paying greater attention to job security as a crucial factor. Companies with higher ratings demonstrated, based on employee reviews, a consistent record of infrequent layoffs, low turnover, and robust job tenure.
According to Zhao, considering the headlines about layoffs and fears of a recession in 2023, it’s not surprising that large companies offering stability and strong career development opportunities are gaining the attention of job seekers. This trend contrasts with 2021 or 2022 when such companies might not have been as appealing. The appeal of the technology sector has diminished, and instead, traditional industries like consulting and finance are regaining popularity.
The changing priorities of workers indicate that the job market is gradually finding a “better balance,” nearly four years after the disruption caused by the Covid-19 pandemic, according to Zhao.
However, with a possible recession looming, Zhao notes that “companies will need to find ways to provide an excellent employee experience within a more limited budget.” He emphasizes that companies won’t be able to attract employees with the same set of perks and benefits that were feasible two years ago.
Conclusion
In 2024, Glassdoor’s study points out that the tech, finance, and consulting fields are great for job seekers. The Best Places to Work list focuses on things like career opportunities, pay, and work-life balance. Employee reviews show that having a secure job is crucial. As traditional industries become more popular, companies need to adjust their offerings because there might be a recession.
