Job-hunters, take note.
Bain & Company, Facebook FB, +0.55% and Google GOOGL, +1.97% topped the list of best large companies to work for in 2017, according to a new study from job listing and recruiting website Glassdoor. Global consulting firm Bain & Company dethroned Airbnb from the No. 1 spot with an average rating of 4.6 out of 5 stars. It was the third time in the last nine years of the study winning first place on Glassdoor’s list. Employees at the company cited a fast-paced, dynamic work environment and supportive colleagues that help them to advance in their careers as big draws.
Airbnb took a steep dive to No. 35 this year from No. 1 last year after its rating fell from 4.6 to 4.2. The drop for the home rental site can be attributed to shifts in company policies as the startup prepares for an IPO, said Allison Berry, a spokeswoman at Glassdoor. “This is a common theme as a company grows and prepares to go public — it becomes harder to access higher leadership and manage work-life balance,” she said. “It still is very highly rated.”
Airbnb spokeswoman Brittany Cornejo said, “We strive to create a work environment where all of our employees feel welcome, appreciated and inspired by the work they’re doing everyday.” She added that the company is expanding some of its benefits for 2017, such as matching 401(k) contributions.
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Facebook came in second, with one employee surveyed citing Facebook’s “openness and diversity.” as a benefit of the company. Facebook upped its diversity efforts in 2016, but as of August only 2% of employees were black and 4% Hispanic — the same as the past two years. Women make up 33% of Facebook’s workforce, a 2% increase from 2014. Others praised the free snacks at work and open communication with chief executive officer Mark Zuckerberg, who has a 98% approval rating by employees on Glassdoor.
Third place went to Boston Consulting Group at 4.4 stars, fourth place went to Google at 4.4 stars, and fifth place went to technology provider World Wide Technology.
The study from job listing and recruiting website Glassdoor defined large companies as those with more than 1,000 employees. It drew on reviews from employees based on their company experience over the past year, rating compensation and benefits, culture and values, and work environment.
Table: The top 10 large companies to work for:
- 1. Bain & Company – 4.6 stars
- 2. Facebook – 4.5 stars
- 3. Boston Consulting Group – 4.4 stars
- 4. Google – 4.4 stars
- 5. World Wide Technology – 4.4 stars
- 6. Fast Enterprises – 4.4 stars
- 7. In-N-Out Burger – 4.4 stars
- 8. LinkedIn – 4.4 stars
- 9. Adobe – 4.3 stars
- 10. Power Home Remodeling – 4.3 stars
While many of the names on the list are recognizable tech companies and corporations, the top spots aren’t limited to Silicon Valley startups — In-N-Out Burger, a West Coast fast-food chain, took the No. 7 spot due to its “great positive atmosphere,” as one employee put it. Other companies like cleaning supply company Clorox and aerospace manufacturer SpaceX made the list for the first time. In order to qualify for the study, large companies have to have at least 75 reviews in the past year. Berry said newcomers are putting a bigger focus on company culture and perks like off-site events and happy hours, which can be more influential on employee ratings than actual salaries and benefits. Here are the top companies to work at, according to Glassdoor.