There are many great companies to work for out there, but only a handful can be considered the best of the best. The Fortune 100 Best Companies to Work For list is a prestigious ranking list compiled each year by Fortune magazine. To make the cut, companies must excel in several areas, including employee satisfaction, benefits and compensation, and workplace culture.
In this article, we have provided a list of Fortune 100 best companies to work for. So let’s dive in and know more!
Fortune 100 Best Companies to Work For (2022)
Significance of Fortune 100
The Fortune 100 magazine is a monthly publication that ranks the top 100 companies in the United States, by their total revenue. The magazine was first released in 1955. It has several different sections, including ranking the top 100 companies in the United States by total revenue, Company profiles, Articles on various business topics, and Interviews with business leaders.
The rankings are based on data from the most recent fiscal year. Fortune 100 best companies to work for are typically large, publicly-traded corporations. Many are household names, such as Walmart, Exxon Mobil, General Motors, etc. The company profiles provide an overview of each company’s business operations, financial performance, and key executives.
The articles cover various business topics, from management strategies to economic trends. They also provide us with glances at the most successful business leaders in the world. The fortune 100 magazine is an essential resource for anyone interested in following the biggest companies in the United States.
It provides valuable insights into the inner workings of these businesses and how they are impacting the economy. This article will list an overview of the Fortune 100 best companies to work for. So let’s get started!
History of Fortune
Fortune 100 is a magazine which comprises a list of the 100 largest companies in the United States by revenue. Henry Robinson Luce, who was the co-founder of Times Magazine, created Fortune magazine after recovering from the great depression and the death of his friend Britton Hadden.
Requirements of Fortune 100
Fortune has a long history of shining light on the world’s most profitable companies. Fortune is a well-established magazine that has been publishing since 1955. In 1955, they were initially more stringent about which business areas were featured in their 100 lists.
In the beginning, they only featured companies from industries such as manufacturing and mining but eventually expanded their lists to cover various other fields, including banking, utilities, etc. The first edition didn’t include any company from the manufacturing or mining industries until 1994.
It took 56 years before finally publishing an individual sector list for each major industry category, including energy producers. The Fortune 100 companies list is an annually-published ranking that includes the most successful businesses in America.
In 1994, this prestigious ranking was curated by only including companies with $1 billion or more annual revenue; however, due to changes made in 1995, many newbies are now able to join the ranks thanks largely because they are required to reach only 10% past their previous year’s total instead.
Functions of Fortune 100
The Fortune 100 is an exclusive club for companies that submit their financial data to the U.S government, but there are a few catches. Private businesses usually aren’t allowed into this group, and foreign subsidiaries must be incorporated in America.
The Fortune 100 ranks companies based on revenue, which often includes termination-related earnings. The list also tracks each firm’s after-tax profits and assets, and shareholders’ equity.
It looks at market valuation or shares outstanding along with their per-share return to investors, including price appreciation (if there was any) and dividends reinvested back into the most popularly held stock class among big institutional traders like yourself.
The list also features market valuations and earnings per share for both overall returns to investors (including price appreciation) or dividends reinvested in popularly held stocks only.
Fortune is committed to publishing only high-quality, accurate journalism that adheres to the highest standards of fairness and transparency. The company’s content can be found in print magazine subscriptions and internet websites like YouTube or Facebook Live, with an option for people who want more interactive experiences there.
Types of List that Fortune releases
Fortune is a well-known publication that annually publishes many lists to help people with their business. These are some of the most interesting and important lists in business today. In this article, we will cover Fortune 100 best companies to work for but here are some other lists published by Fortune:
- Fortune 100
- Fortune 500
- Fortune 1000
- Fortune Global 500
- 40 Under 40
- 100 Best Companies to Work For
- 100 Fastest Growing Companies
- Fortune India 500
- Most Powerful Women
- The Unicorn List
- World’s Most Admired Companies
- Businessperson of the Year
List of Fortune 100 Companies List 2022
|4||CVS Health||Health Care|
|5||UnitedHealth Group||Health Care|
|14||Cardinal Health||Health Care|
|16||Walgreens Boots Alliance||Food & Drug Stores|
|17||Kroger||Food & Drug Stores|
|21||Ford Motor||Motor Vehicles & Parts|
|22||General Motors||Motor Vehicles & Parts|
|29||Bank of America||Financials|
|35||United Parcel Service||Transportation|
|36||Johnson & Johnson||Health Care|
|39||State Farm Insurance||Financials|
|42||International Business Machines||Technology|
|43||Procter & Gamble||Retail|
|44||PepsiCo||Food, Beverages & Tobacco|
|49||Lockheed Martin||Aerospace & Defense|
|51||Archer Daniels Midland (ADM)||Food, Beverages & Tobacco|
|52||Albertsons||Food & Drug Stores|
|54||Boeing||Aerospace & Defense|
|57||Raytheon Technologies||Aerospace & Defense|
|59||Goldman Sachs Group||Financials|
|62||HCA Healthcare||Health Care|
|67||New York Life Insurance||Financials|
|69||Publix Super Markets||Food & Drug Stores|
|71||Liberty Mutual Insurance Group||Financials|
|72||American International Group||Financials|
|73||Tyson Foods||Food, Beverages & Tobacco|
|75||Bristol-Myers Squibb||Health Care|
|84||General Dynamics||Aerospace & Defense|
|86||Northrop Grumman||Aerospace & Defense|
|89||Abbott Laboratories||Health Care|
|93||Coca-Cola||Food, Beverages & Tobacco|
|95||Thermo Fisher Scientific||Technology|
|99||Capital One Financial||Financials|
The largest companies in America are listed in Fortune 100 magazine. It includes public and private corporations that operate within our borders, measuring their revenues against those from mining/manufacturing or energy sectors before 1994. It took 56 years before finally publishing an individual sector list for each major industry category, including energy producers.
Also Read: 30 Best Jobs that Pay $40 an Hour
Fortune 500 and Fortune 100 best companies to work for – How do they differ?
Fortune 500 companies are ranked according to their revenue-generating capacity. On the other hand, Fortune 100 companies are those companies that have at least 1000 employees working for them and fulfil the minimum eligibility requirement to fit on the list.
The top hundred best employers in America, on the other hand, are determined by surveying staff members about topics including trustworthiness and leadership qualities, among others, giving them an opportunity for greater growth opportunities than those at lower rungs of the corporate ladder.
The list includes some familiar names, such as Google parent company Alphabet Inc., Walmart Stores Inc., Starbucks Coffee Company, etc., and many lesser-known brands worth checking out if you are looking into your next career move.
Fortune compiled a list of the 100 companies and we are proud to share this list of Fortune 100 best companies to work for with you. As you can see, there are many great companies to work for and the list changes every year. If you are looking for a new job or just curious about what other companies have to offer, this is a great place to start.
Do you have any favorite companies that made this list? Let us know in the comments below! Also, if you have any queries about any company or the hiring process, feel free to reach out and we would be happy to chat with you. Thanks for reading!
Source Reference : https://moneymint.com/fortune-100-best-companies-to-work-for/