Amazon is ranked as the number one company to work for in 2022.
LinkedIn released its Top Companies 2022 ranking last week, listing the 50 best workplaces for career growth in the U.S. Among other top companies include Alphabet (the parent company of Google), Wells Fargo, and JPMorgan Chase & Co.
The ranking is based on LinkedIn data across seven key career progression pillars: the ability to advance, skills growth, company stability, external opportunity, company affinity, gender diversity, and the spread of educational backgrounds.
AMAZON: COMPETITIVE COMPENSATION FOR CORPORATE WORKERS
Amazon, the country’s second-largest private employer after Walmart, Inc., topped LinkedIn’s ranking this year in large part due to its competitive recruiting and large-scale investments in training initiatives.
The company recently announced plans to boost max base pay for corporate workers to $350,000. Amazon has also raised average wages for more than half a million warehouse workers last year.
Career growth initiatives are also a big reason why Amazon has topped the rankings this year. The company is investing $1.2 billion over the next three years to expand its education and skills training initiatives. Amazon’s Career Choice program pays 100% of college tuition for frontline employees and covers high school diploma programs, GEDs, and English proficiency certifications.
ALPHABET: FLEXIBLE WORK MODEL
Alphabet is the parent company of companies that includes Google, YouTube, Fitbit, Waymo, and Verily. It is seeing huge growth with nearly 6,500 employees onboarded last quarter alone. That may be in part due to the company’s flexible hybrid work model—a plan that offers four ‘work from anywhere’ weeks per year, sabbaticals for long-term employees, and ‘no meeting’ days.
The company has also invested greatly in its culture and career growth initiatives, such as Women@Google and Googler-to-Googler training, which lets its workers get first-hand knowledge across different fields from other employees.
WELLS FARGO: A HIRING SPREE
Wells Fargo is about to have a hiring spree. The company is planning to hire thousands of workers for software engineering and tech roles this year with plans to double down on its cloud computing. Additionally, the company is ripe for those just starting out their careers—over 2,000 of Wells Fargo’s 8,000 open positions are entry and associate level. Additionally, the company has pledged $300 million towards training, career development, early talent programs, and tuition reimbursement.
Check out the full LinkedIn Top Companies 2022 ranking here.
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