New Delhi, November 6
Reliance Industries, the country’s largest company by revenue, profit and market value, is India’s top employer and the 20th best company in the world to work with, according to Forbes World’s Best Employers 2022 ranking.
The global ranking is dominated by South Korean giant Samsung Electronics, followed by US giants Microsoft, IBM, Alphabet and Apple.
American companies occupy the rankings from 2nd to 12th place, followed by the German automaker BMW Group in 13th place. The world’s largest online retailer, Amazon, is ranked 14th in the list, and French giant Decathlon is 15th.
Oil-telecom-to-retail conglomerate Reliance, with 2,30,000 employees, is ranked 20th – India’s highest-ranked company. It is ranked ahead of Mercedes-Benz of Germany, US beverage maker Coca-Cola, Japanese car giants Honda and Yamaha and Saudi Aramco.
There is no Indian company other than Reliance in the top 100. HDFC Bank is ranked 137th. Bajaj (173rd), Aditya Birla Group (240th), Hero Motocorp (333rd), Larsen & Toubro (354th), ICICI Bank (365th), HCL Technologies (455th), State Bank of India (499th), Adani Enterprises (547th) and Infosys (668th) are the other companies on the list.
“The Great Quit – the tidal wave of people voluntarily quitting their jobs – shows no signs of abating. The global phenomenon, which began in early 2021 as a result of the COVID-19 pandemic, has transformed the workplace.
“In addition to higher salaries, better benefits, opportunities for advancement and work-life balance, employees say goal-oriented work is a top priority. And their bosses pay close attention to it,” Forbes said in its ranking published last month.
Against this background, Forbes has compiled its sixth annual edition of the World’s Best Employers.
Forbes said it partnered with market research firm Statista to compile the rankings by surveying 1,50,000 full-time and part-time workers from 57 countries working for multinational companies and institutions to determine which excel in terms of impact and corporate image, talent development, gender. equality and social responsibility.
“Participants were asked to rate their willingness to recommend their employers to friends and family and to rate other employers in their respective industries that stood out positively or negatively. This year’s list includes 800 companies that received the highest scores,” he said.
Companies were scored on aspects such as image, economic footprint, talent development, gender equality and social responsibility.