The company Great Place to Work published on Thursday a new ranking of The Best Places to Work in the Worldcorresponding to 2024. It was prepared based on the opinion of 7.4 million employees around the 5 continents, including more than 120 countries.
Of the 25 best companies to work for in the world, which are part of this select list, almost half have a presence or subsidiaries in Argentina, as is the case of DHL, Hilton, Salesforce, SC Johnson and SAP, among others. It should be noted that to be part of the list, companies must have at least 5,000 employees worldwide and 40% of the workforce outside their headquarters.
The first place went to DHLwho had placed second last year, while they completed the podium hilton -which was the current winner- and the pharmacist AbbVie. The rest of the top 10 is made up Cisco, Hilti, Accenture, Teleperformance, Stryker, Cadence and Salesforce.
How the ranking is made
According to Great Place to Work, in order to participate in this ranking, companies must be identified as outstanding global employers. That is achieved appearing on at least five lists of Best Places to Work in Asia, Europe, Latin America, Africa, North America or Australia during 2023 and/or early 2024. In addition, the aforementioned requirement that companies have a minimum of 5,000 employees worldwide and 40% (or 5,000) of those employees located outside the country of the headquarters.
Likewise, they explain that “the possibility of having such a broad survey, around the world, allows us to reach some interesting conclusions.” And they add: ”Although Trust continues to be the unifying factor of the best companies to work forthe way in which this is expressed or put into play, on each continent, allows us to find some particularities.”
Breaking down by continents, in Asia It can be observed that trust in leaders increases significantly when employees feel that they care about them as people, beyond their work role. Employees who perceive that their leaders are interested in their personal goals and aspirations, in addition to their contributions at work, are 42% more likely to trust them.
On the side of Europeethics and coherence with the company’s core values are decisive. Employees who see their leaders act in accordance with corporate values are significantly more likely to trust them.
Furthermore, in Latin America Clarity in expectations is key to strengthening trust in leadership, since when leaders clearly communicate what they expect from their employees, they are 60% more likely to trust them. And in the case of States Joined and Canadathe key is fairness in promotions: Employees who perceive that promotions and promotions are granted fairly are 59% more likely to trust their leaders.
This last factor is also relevant in Africawhere fairness in promotions increases trust in leaders by 67%.
The role of innovation
When making a comparison of the favorability averages in the responses of the best companies to work for against the market average, some substantial differences are noted.
For example, when the company asked about management’s genuine interest in each employee, the score of the best was 84%while the rest gave a positive opinion in a 54%. In the consultation on whether the Management makes expectations clear, the best ones gave an average of 84%, against 63% for the others.
The role of innovation, increasingly central in the era of technology, was also analyzed in this ranking, where it was possible to observe how leaders are the ones who open or block this possibility.
Thus, in those companies where employees have high trust in their leaders, they are four times more likely to affirm that they have significant opportunities to participate in innovation processes. This trust allows employees to feel safe to propose ideas, take risks, and explore new solutions without fear of repercussions.
At the same time, the same situation occurs when observing the adoption of Artificial Intelligence, since 81% of companies see it as a tool to leverage growth, only 51% of employees are excited about its use. and confident that it will provide improvements. This gap is another of the challenges that companies, especially the best ones to work for, have going forward.
Source: Ambito
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