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Effective URL: https://time.com/collection/worlds-best-companies-2024/
Submission: On October 01 via manual from SG — Scanned from GB
Effective URL: https://time.com/collection/worlds-best-companies-2024/
Submission: On October 01 via manual from SG — Scanned from GB
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WE CARE ABOUT YOUR PRIVACY We and our partners store and/or access information on a device, such as unique IDs in cookies to process personal data. You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page. These choices will be signaled to our partners and will not affect browsing data. We and our partners process data to provide: Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a device. Personalised advertising and content, advertising and content measurement, audience research and services development. Show Purposes Accept AllReject All World’s Best Companies of 2024 SubscribeSubscribe Sections * Home * U.S. * Politics * World * Health * Climate * Future of Work by Charter * Business * Tech * Entertainment * Ideas * Science * History * Sports * Magazine * TIME 2030 * Next Generation Leaders * TIME100 Leadership Series * TIME Studios * Video * TIME100 Talks * TIMEPieces * The TIME Vault * TIME for Health * TIME for Kids * TIME Edge * TIMECO2 * Red Border: Branded Content by TIME * Coupons * Personal Finance by TIME Stamped * Shopping by TIME Stamped Join Us * Newsletters * Subscribe * Give a Gift * Shop the TIME Store * TIME Cover Store * Digital Magazine Customer Care * US & Canada * Global Help Center Reach Out * Careers * Press Room * Contact the Editors * Media Kit * Reprints and Permissions More * About Us * Privacy Policy * Your Privacy Rights * Terms of Use * Modern Slavery Statement * Site Map Connect with Us * * * * WORLD'S BEST COMPANIES OF 2024 TIME and Statista have named 1,000 companies changing the world Presented By TIME photo illustration; Getty Images How TIME and Statista Determined the World's Best Companies of 2024 There was a moment, in the early days of the pandemic, when employers cared deeply about keeping workers happy. That moment passed for many companies, once quarantine ebbed and pressures from investors made them refocus on their bottom lines. But companies like Apple, Microsoft, and BMW still appear to be investing in their workers’ happiness, a trait that has put them at the top of the list of a new statistical ranking of 1,000 of the World’s Best Companies by Statista and TIME. The ranking is based on a formula of employee-satisfaction surveys; revenue growth; and environmental, social, and corporate governance (ESG) data. Microsoft, for instance, which came in third in the rankings, was the second highest-rated company in employee satisfaction, after Alphabet, the parent company of Google. Microsoft has said it tries to ensure that employees are thriving, which it defines as “energized and empowered to do meaningful work,” an approach that seems to be working both at keeping employees happy and at powering revenue. The company made $88 billion in its latest fiscal year, up 22% from the prior year, and ranked highly in revenue growth. Apple also earned strong marks from employees, coming in fourth in employee satisfaction, but was propelled to the top of the rankings by its ESG rating, which was first out of all the companies. The tech giant has committed to being carbon neutral by 2030 and is making more products with recycled materials; in early 2024, it also became the first big tech company to achieve gender equality on its board of directors, now composed of four men and four women. No one sector dominated. Though tech companies accounted for six of the top 20 positions and four of the top 10, a German automaker, BMW Group, ranked fourth. And Accenture, the consulting firm based in Dublin, finished second overall by scoring well in all three categories. Its CEO, Julie Sweet, was on the TIME100 list for 2024. Under her, Accenture “had a deeply positive societal impact, using technology to solve pressing issues,” Klaus Schwab, the founder and executive chairman of the World Economic Forum, wrote about Sweet. Many of the top companies have made similar positive societal impacts while making money and keeping their employees happy at the same time. It’s not necessarily something that their investors are clamoring for; that they do it anyway is what sets them apart. —Alana Semuels -------------------------------------------------------------------------------- * Home * U.S. * Politics * World * Health * Business * Tech * Personal Finance by TIME Stamped * Shopping by TIME Stamped * Future of Work by Charter * Entertainment * Ideas * Science * History * Sports * Magazine * The TIME Vault * TIME For Kids * TIMECO2 * Coupons * TIME Edge * Video * Masthead * Newsletters * Subscribe * Digital Magazine * Give a Gift * Shop the TIME Store * Careers * Modern Slavery Statement * Press Room * TIME Studios * U.S. & Canada Customer Care * Global Help Center * Contact the Editors * Reprints and Permissions * Site Map * Media Kit * Supplied Partner Content * About Us © 2024 TIME USA, LLC. All Rights Reserved. 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