LinkedIn’s fourth annual list of the 50 most in-demand companies determines which are the most sought-after by job-seekers and professionals in 2019.
By examining billions of actions taken by their over 610 million members, LinkedIn was able to learn what the top companies for 2019 are doing to attract job seekers.
“More than half a billion professionals around the world rely on LinkedIn to navigate their careers and stay informed,” says Daniel Roth, Editor in Chief, LinkedIn. “Top Companies takes all of those actions and surfaces the companies where people most want to work — and where they stay once hired. The competition for top talent has never been hotter; now in its 4th year, Top Companies has become the definitive list of who is attracting the right people and how they’re doing it.”
Alphabet (No. 1), which reclaimed the top spot this year, Facebook (No. 2) and Amazon (No. 3) maintained a strong hold on the top three spots despite their challenges over the last year. Meanwhile, Tesla (No. 16) drops out of the top 10 for the first time in the list’s four-year history.
While technology companies continue to dominate the list, industries making a resurgence include financial services — with Bank of America (No. 18), Citi (No. 22) and Wells Fargo (No. 25) making the list — and advertising — with representation from Interpublic Group (No. 31), Publicis Groupe (No. 34) and WPP (No. 40), all for the first time.
• Hot hiring ahead of IPO: Companies that recently filed for an IPO or plan to file in 2019 are driving interest from job seekers, specifically: Uber (No. 6), Lyft (No. 19), Pinterest (No. 29), Spotify (No. 14), and Dropbox (No. 32).
• Companies emphasize values over perks: Companies are emphasizing company values over office perks, even as their values evolve with the times. Disney (No. 17) is paying full tuition even for its part-time workers; Slack (No. 23) is running a coding skills program within prisons; Lyft (No. 19) is offering free therapy to employees and their dependents; WeWork (No. 13) has all-vegetarian cafeterias; Goldman Sachs (No. 21) has relaxed their once-strict dress code, and WPP (No. 39) has banned drinking in their ad agency offices.
• Tech companies, old and new, dominate rankings: Tech continues to be the fastest growing industry in the U.S., and more than half of this year’s top companies are from the tech industry. Traditional tech stalwarts such as Oracle (No. 9), Dell (No. 10), Cisco (No. 12), and Intel (No. 37) are competitively ranked alongside more recently founded companies including Airbnb (No. 8), Netflix (No. 11), Splunk (No. 39), and Snowflake Computing (No. 49).
• Nearly 40 percent of companies are new to the list: Of the 50 companies on the list, 19 are new to the rankings. Newly recognized Top Companies to work for include Bank of America (No. 18), Citi (No. 22), Slack (No. 23), Wells Fargo (No. 25), Pinterest (No. 29), Coinbase (No. 35), and others.
• Biggest gainers: moving on up are Deloitte, which jumped from No. 22 to No. 5, Cisco went from No. 31 to No. 12, and WeWork (The We Company) gained 23 spots to rise from No. 36 to No. 13.
• Advertising debuts: for the first time, job applicant interest pushed advertising holding companies onto the list with three leaders debuting: Interpublic Group (No. 31), Publicis Groupe (No. 34) and WPP (No. 40).
• Banking is making a comeback as a desirable industry: three newcomers on the list — Bank of America (No. 17), Citi (No. 21) and Wells Fargo (No. 24) as well as cryptocurrency platform Coinbase (No. 35.).
Here is what the top 10 companies on the 2019 LinkedIn Top Companies list are doing to attract job seekers…
• Alphabet (No. 1) is spending $13 billion to expand into 14 new U.S. states this year, where it will hire tens of thousands of new employees.
• Amazon (No. 3) raised its minimum wage in November to $15 per hour for all employees and expanded its 401(k) contributions to include part-time and seasonal workers.
• Salesforce (No. 4) offers opportunity to workers without a college degree, including roles for a Senior Marketing Specialist and a Senior Lead Content Writer.
• Deloitte (No. 5) actively invests in their employees by incentivizing them to pitch big, ambitious ideas in the Startup Deloitte program.
• Uber (No. 6) is fostering internal mobility, encouraging more than 3,000 employees to transfer to a different role in the company in 2018.
• Airbnb (No. 8) encourages its employees to get out of the office and into the world with $500 in employee travel credits each quarter, which roll over if not used.
• Oracle (No. 9) offers technology job opportunities to workers outside of Silicon Valley with over 90% of their employees based outside of their San Francisco headquarters.
• Dell Technologies (No. 10) prides itself on its flexible workplace policy, which collectively saves U.S. employees 136 million miles of travel a year.
2019 LinkedIn Top Companies List
49. Snowflake Inc.
47. McKinsey & Company
44. JPMorgan Chase & Co.
41. Major League Baseball
37. Intel Corporation
34. Publicis Groupe
31. Interpublic Group
27. Johnson & Johnson
25. Wells Fargo
21. Goldman Sachs
18. Bank of America
17. The Walt Disney Company
15. Comcast NBCUniversal
13. The We Company
10. Dell Technologies
The complete U.S. Top Companies list, along with lists representing additional global markets, video interviews and special features, can be found here.