Greatest Locations to Work 2023: Winners

Who made the grade

The 50 winners embody a powerful displaying of advert tech ventures (12), digital businesses (eight), advertising and marketing businesses (eight), advert businesses (seven) and media businesses (six).

The winners tally additionally consists of 4 well being care businesses, two occasion/experiential advertising and marketing businesses, two public relations businesses and one branding company.

Among the many 50 winners, almost a 3rd—16—have their headquarters within the New York metro space (13 in Manhattan, one in Brooklyn, two in Fairfield County, Connecticut).

Dallas-Fort Value, the Los Angeles metro space and the Philadelphia metro space every are house to 4 winners.

How staff price their employers

The worker engagement and satisfaction survey included a set of statements that staff responded to (from “strongly disagree” to “strongly agree”) together with some open-ended and demographic questions. This made up 75% of the general rating.

Past optimistic perceptions about pay and advantages, staff at successful workplaces gave their firms excessive marks on key factors together with:

• “Staffing ranges are enough to offer high quality merchandise/companies.”
• “I’ve a very good understanding of how this group is doing financially.”
• “This group offered as a lot preliminary coaching as I wanted.”
• “This group supplies as a lot ongoing coaching as I would like.”
• “If I do good work, I can be rewarded.”
• “Deadlines at this group are reasonable.”
• “This group successfully communicates its progress in direction of assembly departmental targets.”
• “Adjustments that will have an effect on me are communicated to me previous to implementation.”
• “I imagine my job is safe.”

The assertion about enough staffing ranges was a big differentiator within the worker survey, scoring the largest distinction in optimistic responses between staffers who labored at successful firms and staffers who labored at firms that didn’t make the rating.

The worker survey lined pay and advantages and 7 different core focus areas. The very best firms did higher than the remaining in all of those areas.

Two areas—pay and advantages; coaching, improvement and assets—proved to be the largest differentiators based mostly on worker responses, with a virtually 5-point benefit within the proportion of optimistic responses for winners versus firms within the competitors that didn’t make the rating.

The very best locations outscored different workplaces by about 4 proportion factors in 4 areas based mostly on worker responses: company tradition and communications, management, function satisfaction and total engagement.

The 2 remaining areas—work setting and relationship with supervisor—have been smaller differentiators for the very best firms versus others.

How employers get the job achieved

The employer questionnaire lined an organization’s insurance policies, practices, advantages and demographics. This made up 25% of the general rating.

On this questionnaire, the successful firms outscored different entrants in such areas as:

Pay and advantages:

• Paid sabbaticals.
• Tuition reimbursement.
• Permitting staff extra paid day without work for group service actions or volunteer work.

Variety:

• Variety and inclusion applications (90% of the winners have a range and inclusion process power or committee).
• Ongoing range coaching.

Recruitment, coaching and improvement:

• Recruitment and retention applications for older employees, veterans, staff who might require lodging for psychological or bodily limitations and staff of various ethnic and cultural backgrounds.
• Formalized applications/practices for succession planning.
• Productiveness or time administration workshops, seminars or lessons.

Work-life steadiness:

• Monetary training workshops, seminars or lessons.
• On-site private improvement and/or stress administration workshops, seminars or lessons.
• Health and/or wellness applications or practices inside the office.
• Choice to work versatile hours or a compressed work week.

Nearly all the successful firms supply telecommuting choices for workers. However that’s not a differentiator—almost all firms that entered the competitors have telecommuting choices.

On common, about 88% of staff at Greatest Locations winners have been telecommuting in 2022, down from 100% after the COVID-19 pandemic started in March 2020 however far above the pre-pandemic telecommuting degree of twenty-two%.

Learn Extra