LinkedIn released its annual U.S. list of the Best Large Employers for Career Development this week, and JPMorgan Chase & Co. ranked No. 1.
A few employer types emerge among LinkedIn’s Top 15 Large Companies for Career Development in the United States. including financial services giants like JPMorgan and Wells Fargo, telecommunications companies AT&T and Verizon, and Big Four accounting firms Deloitte and PwC.
“This year’s winners prove that investing in the employee experience is vital in today’s workplaces,” the report said. “Whether it’s launching upskilling initiatives or offering flexible work arrangements, these are the companies that are leading the way in not only attracting workers, but also retaining them in our world of work constantly evolving.”
The career development rankings were released amid a robust but slower job market, with fewer job openings and departures than during the wild post-pandemic recovery. The job market is more like Goldilocks, where it’s neither too hot nor too cold.
“Job seekers still have some bargaining power, but are less willing to demonstrate that power by leaving their jobs,” Nick Bunker, director of North America economic research at Indeed, recently told Business Insider. HiringLab. “With fewer new job opportunities and less pay raise for changing roles, more employees are staying put. However, layoff rates are still low, so workers enjoy solid job security compared to pre-pandemic levels.
Not all businesses qualify for the ranking. One of the conditions was size: “To be eligible, companies must have 5,000 or more employees worldwide, including at least 500 in the country as of December 31, 2023,” the report said. Workforce layoffs were another factor, according to the methodology. A few types of workplaces were also excluded, such as government agencies.
Skills development, gender diversity and advancement ability were three of the eight “pillars” used for this list. Opportunity to advance covers “employee promotions within a company and when they move to a new company, based on standardized job titles,” according to the methodology.
“Our methodology uses LinkedIn data to rank companies based on eight pillars that have demonstrated the ability to lead to career progression,” the report states.
Below are the top 15 places.
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