Fortune just released its list of the Best Companies to Work For. According to Fortune, the 2021 Fortune 100 Best Companies to Work For list honors the most heroic companies supporting their people and communities in the United States during this historically challenging year. People analytics firm Great Place to Work surveyed over half a million employees on issues including how trustworthy, caring, and fair the company is in times of crises; employees’ physical, emotional, and financial health; and the company’s broader community impact. Analysis revealed strong links between positive employee opinions and how employees witnessed their senior leaders and direct managers during the crisis. Seventy-one percent of winning workplaces scored better than in pre-pandemic times, increasing employees’ experiences of workplace trust an average of three percentage points.
Particular attention was paid to how employees’ experiences varied depending on their job role, gender, race/ethnicity, payroll status, and other characteristics to ensure that the company is creating a great workplace for all.
In a typical year, 75 percent of each company’s score is based on confidential employee feedback and 25 percent is based on analysis of a company’s essay questions describing their programs and practices. This year, Fortune changed the essay question to focus on actions taken specifically in response to the challenges of 2020. It collected over 100 data points regarding each company’s employee demographics and HR programs and practices. Fortune weighted 40 percent of this year’s score on how each company stepped up to support their people and communities, considering how significantly they were impacted by the pandemic; and 60 percent on employees’ confidential survey responses.
Companies need to employ at least 1,000 U.S. employees to be considered for the 100 Best Companies list, and at least 100,000 employees globally to be considered for the Best Big Companies to Work For list. Government agencies are not eligible.
Hilton fared quite well on this year’s list with the company selected the No. 1 Best Hospitality Company to Work For, followed by Marriott at No. 2, Hyatt Hotels No. 3, and Kimpton Hotels & Restaurants No. 4.