In this article, we look at the 25 Best Companies to Work for in the World.
Organizational Culture and Global Employee Engagement
According to a report by Gallup, in 2023, global employee engagement stagnated whereas overall employee well-being declined to near record highs and the majority of the world’s employees continue to face challenges at work and in life which is directly impacting organizational productivity. It is estimated that low employee engagement costs the global economy $8.9 trillion, or 9% of global GDP.
Western European countries have some of the world’s strongest labor laws but the lowest employee engagement. The United States Scores 63.5 on the Labour Rights Index and has lower labor protection laws but much higher employee engagement at 33%. This might suggest an inverse relation between strong labor protections and employee engagement. However, the data indicates that among countries with similar levels of labor protections, the employee work experience varies significantly. For instance, Norway, Denmark, and Sweden have a Labour Rights Index score of 88, 91.5, and 92 respectively and have average employee engagement, with 21%, 21% and 23% of employee engagement respectively. Germany, France, and the United Kingdom also have strong labor laws and has a score of 89, 92 and 88 respectively on the Labour Rights Index but have below-average engagement at 15%, 7% and 10% of employee engagement respectively.
Organizational culture within any country also plays vital role in employee engagement and creates a supportive and motivating work environment that aligns employees with company goals. Companies who build strong cultures and focus on engaging manager-employee relationships, integrating engagement into all stages of the employee experience, and emphasizing overall well-being are more likely to have higher engagement rates.
Best Company to Work
The Home Depot, Inc. (NYSE:HD) is renowned not only for its valuable brand, huge scale of operations, and financial fortitude but also for its exceptional employee engagement and supportive work environments, which prioritize employee development, well-being, and a strong organizational culture, making them highly desirable employers and major contributors to economic growth and productivity.
The Home Depot, Inc. (NYSE:HD) engages in the home improvement industry. The Home Depot, Inc. (NYSE:HD) sells building materials and home improvement products including building materials, lawn and garden products, and decor. The domestic home improvement industry is worth of $950 billion as of 2024, of which The Home Depot, Inc. (NYSE:HD) holds a 16% market share. The company also offers home improvement installation services and tools rental services. The Home Depot, Inc. (NYSE:HD) has more than 2,000 stores in the United States and 90% of the population lives within 10 miles radius of a Home Depot store. Overall the company has 2,300 stores across North America. A rising home improvement market has led to the growth of The Home Depot, Inc. (NYSE:HD) and its net income has doubled in the last decade.
On June 18, The Home Depot, Inc. (NYSE:HD) announced its acquisition of SRS Distribution, Inc. for $18.25 billion, which is one of the largest network of distributor brands in the United States. SRS Distribution, Inc. operates in 47 states, with more than 43 distributor brands, over 760 locations, and over 4,000 trucks. This acquisition raised The Home Depot, Inc.’s (NYSE:HD) total addressable market to about $1 trillion, an increase of approximately $50 billion. The integration will enhance The Home Depot, Inc.’s (NYSE:HD) growth with residential and professional clients. Commenting on the event, Ted Decker, President and CEO of The Home Depot, Inc. (NYSE:HD) said:
“SRS is an excellent fit for The Home Depot – it’s both complementary and additive to our growth. Their ability to quickly build leadership positions in each of their specialty trade verticals is a testament to the team’s strong vision, leadership, culture and execution. SRS’s outstanding customer service, capabilities, and expertise will help us drive value for our customers, associates and shareholders, and we’re excited to welcome the SRS team to The Home Depot.”
On April 09, The Association of National Advertisers (ANA) and the Alliance for Inclusive and Multicultural Marketing (AIMM) awarded The Home Depot, Inc. (NYSE:HD) the #1 position on their list of Most Culturally Inclusive Brands of 2023. These awards are based on extensive research conducted in partnership with the Cultural Inclusion Accelerator (CIA), a market research firm that helps companies recognize the value of diversity, equity, and inclusion in marketing campaigns. The methodology assesses the cultural impact, effectiveness, and relevancy of a brand’s advertising materials to promote inclusive communication. Scores for cultural relevancy were aggregated into an overall ranking across various segments: Asian, Black, Hispanic (English & Spanish), LGBTQ+, Persons with Disabilities, Multicultural & Inclusive, and the Overall Population. After gathering over 280,000 consumer evaluations from these groups, The Home Depot emerged as the most culturally inclusive brand.
It is clear that a supportive and motivating work environment is important and companies that prioritize strong managerial relationships, integrate engagement into every aspect of their operations, and emphasize employee well-being are more likely to see positive outcomes in both employee satisfaction and overall productivity. With that in context let’s look at the 25 best companies to work for in the world.
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Our Methodology
To compile our list of the 25 best companies to work for in the world, we consulted more than 10 rankings on the internet and compiled a list of 150 companies. Then we checked the average ratings and number of reviews of all the companies on Glassdoor. We also checked the total number of employees of companies from official statements by the company or from major media reports subject to the availability of data. It is to be noted that we only included companies with over 25,000 employees and 7,000 reviews with an average employee rating of at least 4.0. Our list ranks the 25 best companies to work for in the world in ascending order of their average rating, number of reviews, and estimated number of employees.
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25 Best Companies to Work for in the World
25. The Coca-Cola Company (NYSE:KO)
Average Rating: 4.0
Number of Reviews: 9,623
Estimated Number of Employees: 700,000
The Coca-Cola Company (NYSE:KO) is a household name and one of the most consumed drinks in the world. The Coca-Cola Company (NYSE:KO) employs an impressive 700,000 people worldwide. The Coca-Cola Company (NYSE:KO) has 9,623 reviews on Glassdoor and holds an average rating of 4.0.
24. NIKE, Inc. (NYSE:NKE)
Average Rating: 4.0
Number of Reviews: 15,000
Estimated Number of Employees: 83,700
NIKE, Inc. (NYSE:NKE) is a sportswear giant known for innovative athletic footwear, apparel, and equipment. NIKE, Inc. (NYSE:NKE) has 15,000 reviews on Glassdoor and has an average rating of 4.0. NIKE, Inc. (NYSE:NKE) employs approximately 83,700 people.
23. Marriott International, Inc. (NASDAQ:MAR)
Average Rating: 4.0
Number of Reviews: 19,000
Estimated Number of Employees: 377,000
Marriott International, Inc. (NASDAQ:MAR) is a hospitality company that has a chain of luxurious hotels worldwide. Marriott International, Inc. (NASDAQ:MAR) has a workforce of 377,000 employees. Marriott International, Inc. (NASDAQ:MAR) has 19,000 reviews on Glassdoor and maintains an average rating of 4.0.
22. International Business Machines Corporation (NYSE:IBM)
Average Rating: 4.0
Number of Reviews: 116,000
Estimated Number of Employees: 288,300
International Business Machines Corporation (NYSE:IBM) is a pioneer in the technology sector known for its cutting-edge solutions, including cloud computing, AI, and quantum computing. International Business Machines Corporation (NYSE:IBM) has 116,000 reviews on Glassdoor and holds a 4.0 rating. International Business Machines Corporation (NYSE:IBM) employs around 288,300 people.
21. Cargill (Private)
Average Rating: 4.1
Number of Reviews: 7,981
Estimated Number of Employees: 160,000
Cargill is a global trading and distribution company that has operations in food production, agriculture, financial, and industrial sectors. Cargill employs approximately 160,000 people. Cargill has 7,981 reviews on Glassdoor and has an average 4.1 rating.
20. Lockheed Martin Corporation (NYSE:LMT)
Average Rating: 4.1
Number of Reviews: 14,356
Estimated Number of Employees: 116,000
Lockheed Martin Corporation (NYSE:LMT) a prominent aerospace and defense company that plays a crucial role in national security and space exploration. Lockheed Martin Corporation (NYSE:LMT) has 14,356 reviews on Glassdoor and holds a 4.1 rating. Lockheed Martin Corporation (NYSE:LMT) employs about 116,000 individuals.
19. L’Oréal S.A. (EPA:OR)
Average Rating: 4.1
Number of Reviews: 14,443
Estimated Number of Employees: 88,000
L’Oréal S.A. (EPA:OR) is a global beauty and cosmetics leader known for its diverse portfolio of beauty products, including skincare, makeup, and haircare. L’Oréal S.A. (EPA:OR) remains a dominant force in the beauty industry and employs around 88,000 people. L’Oréal S.A. (EPA:OR) has 14,443 reviews on Glassdoor and has an average rating of 4.1.
18. Johnson & Johnson (NYSE:JNJ)
Average Rating: 4.1
Number of Reviews: 16,989
Estimated Number of Employees: 150,000
Johnson & Johnson (NYSE:JNJ) is a global healthcare conglomerate known for its wide range of healthcare products, including pharmaceuticals, medical devices, and consumer health goods. Johnson & Johnson (NYSE:JNJ) has 16,989 reviews on Glassdoor and boasts an average 4.1 rating. Johnson & Johnson (NYSE:JNJ) employs approximately 150,000 people.
17. American Express Company (NYSE:AXP)
Average Rating: 4.1
Number of Reviews: 18,385
Estimated Number of Employees: 74,600
American Express Company (NYSE:AXP) is a leading multinational financial services corporation that specializes in cards payments. American Express Company (NYSE:AXP) has 18,385 reviews on Glassdoor and maintains a 4.1 average rating. American Express Company (NYSE:AXP) employs around 74,600 people.
16. Salesforce, Inc. (NYSE:CRM)
Average Rating: 4.1
Number of Reviews: 20,790
Estimated Number of Employees: 72,682
Salesforce, Inc. (NYSE:CRM) is a leader and a pioneer in the customer relationship management (CRM) software industry and helps businesses of all sizes enhance their customer interactions. Salesforce, Inc. (NYSE:CRM) is known for its dynamic work culture, commitment to equality, and focus on personal and professional growth. Salesforce, Inc. (NYSE:CRM) employs about 72,682 people, has 20,790 reviews on Glassdoor, and scores an average rating of 4.1.
15. JPMorgan Chase & Co. (NYSE:JPM)
Average Rating: 4.1
Number of Reviews: 25,000
Estimated Number of Employees: 240,000
JPMorgan Chase & Co. (NYSE:JPM) is a global financial services company known for its investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and private equity services. JPMorgan Chase & Co. (NYSE:JPM) has accumulated 25,000 reviews on Glassdoor, with an average rating of 4.1. JPMorgan Chase & Co. (NYSE:JPM) employs around 240,000 people worldwide.
14. Apple Inc. (NASDAQ:AAPL)
Average Rating: 4.1
Number of Reviews: 38,583
Estimated Number of Employees: 164,000
Apple Inc. (NASDAQ:AAPL) continues to set the standard for innovation and design in the tech industry and is renowned for its iconic products, including the iPhone, iPad, and Macbook. Apple Inc. (NASDAQ:AAPL) has 38,583 reviews on Glassdoor and has a 4.1 rating score. Apple Inc. (NASDAQ:AAPL) employs approximately 164,000 people.
13. Mastercard Incorporated (NYSE:MA)
Average Rating: 4.2
Number of Reviews: 7,046
Estimated Number of Employees: 29,900
Mastercard Incorporated (NYSE:MA) is a global leader in payment processing and is known for its efficient payment solutions and facilitating transactions around the world. Employees often highlight Mastercard Incorporated’s (NYSE:MA) innovative work culture and strong focus on professional development. Mastercard Incorporated (NYSE:MA) employs around 29,900 people and has 7,046 reviews on Glassdoor with an average 4.2 rating.
12. Roche Holding AG (SWX:ROG)
Average Rating: 4.2
Number of Reviews: 7,139
Estimated Number of Employees: 103,613
Roche Holding AG (SWX:ROG) is a Swiss company known as a global leader in the pharmaceuticals and diagnostics industry due to its research and development and innovative medicines, particularly in oncology and personalized medicine. Roche Holding AG (SWX:ROG) has 7,139 reviews on Glassdoor with an average 4.2 rating. Roche Holding AG (SWX:ROG) employs approximately 103,613 people around the world.
11. Airbus SE (EPA:AIR)
Average Rating: 4.2
Number of Reviews: 7,167
Estimated Number of Employees: 134,267
Airbus SE (EPA:AIR) is a leader in the aerospace industry and plays a pivotal role in commercial aviation and defense. Airbus SE (EPA:AIR) has 7,167 reviews on Glassdoor, and it holds an average 4.2 rating. Airbus SE (EPA:AIR) employs about 134,267 people and is praised for its collaborative culture and commitment to sustainability.
10. Delta Air Lines, Inc. (NYSE:DAL)
Average Rating: 4.2
Number of Reviews: 8,029
Estimated Number of Employees: 90,000
Delta Air Lines, Inc. (NYSE:DAL) is one of the major American airlines, known for its extensive travel network and high-quality service. Delta Air Lines, Inc. (NYSE:DAL) employs around 90,000 people and has 8,029 reviews on Glassdoor with an average 4.2 rating. Employees at Delta Air Lines, Inc. (NYSE:DAL) praise the company’s focus on career development and supportive work environment.
9. Adobe Inc. (NASDAQ:ADBE)
Average Rating: 4.2
Number of Reviews: 10,119
Estimated Number of Employees: 29,000
Adobe Inc. (NASDAQ:ADBE) is known for its suite of creative software, such as Photoshop Premier Pro and Illustrator and is a leader in digital media and marketing solutions. Adobe Inc. (NASDAQ:ADBE) employs approximately 29,000 people and has 10,119 reviews on Glassdoor with an average 4.2 rating. Adobe Inc. (NASDAQ:ADBE) has an innovative work culture, a focus on work-life balance, and opportunities for professional growth.
8. Fidelity National Financial, Inc. (NYSE:FNF)
Average Rating: 4.2
Number of Reviews: 17,000
Estimated Number of Employees: 75,000
Fidelity National Financial, Inc. (NYSE:FNF) is one of the largest wealth management companies in the world and offers investment solutions and retirement expertise to institutions and individuals all around the world. Fidelity National Financial, Inc. (NYSE:FNF) has 17,000 reviews on Glassdoor with an average rating of 4.2. Fidelity National Financial, Inc. (NYSE:FNF) has approximately 75,000 employees.
7. Siemens AG (ETR:SIE)
Average Rating: 4.2
Number of Reviews: 22,000
Estimated Number of Employees: 311,000
Siemens AG (ETR:SIE) is a German electronics and electrical engineering company known for its diverse portfolio, including industrial automation, energy, and healthcare solutions. Siemens AG’s (ETR:SIE) has a collaborative workplace environment, a focus on sustainability, and offers opportunities for career advancement of employees. Siemens AG (ETR:SIE) employs around 311,000 people and holds a 4.2 rating with 22,000 reviews on Glassdoor.
6. Dell Technologies Inc. (NYSE:DELL)
Average Rating: 4.2
Number of Reviews: 37,620
Estimated Number of Employees: 133,000
Dell Technologies Inc. (NYSE:DELL) is known for its innovative hardware and software solutions. Dell Technologies Inc. (NYSE:DELL) workplace culture is focused on innovation and work-life balance. Dell Technologies Inc. (NYSE:DELL) employs about 133,000 people. With 37,620 reviews on Glassdoor and has an average rating of 4.2.