Samsung Electronics Tops World’s Best Employer List, Beating Apple, Google

Samsung Electronics Co. earned the World’s Best Employer title in Forbes’ annual list. The South Korean firm defended its no. 1 ranking for the fourth straight time, beating leading American tech companies - Apple Inc. and Alphabet’s Google.

In the latest annual survey of the US-based business magazine, Samsung Electronics topped its World’s Best Employers list once again. This is the magazine’s seventh yearly survey for the said category and was originally published earlier this year, according to The Korea Economic Daily.

Top-Ranking Companies on the List

Samsung Electronics ranked first for the first time in 2020, and at that time, it displaced Microsoft Corp., which originally occupied the spot. Since it secured the topmost place, it naturally defeated Apple and Google as well. Completing the top 7 list were International Business Machines Corp. (IBM) and Adobe Inc., which came in sixth and seventh place, respectively.

It is worth noting that only Samsung Electronics is the Asian firm that made it to the top 20 group. Forbes said that the top honorees this year offered the best opportunities and benefits to their workforce.

Traits that Made Samsung the Best Employer in the World

Forbes mentioned that to be the best employer, offering workers various opportunities, skills and talent development, and remote working options are the most important factors. For Samsung, it claimed victory because it steadily improved and innovated its working environment, corporate culture, and overall working system.

The Korean firm was also recognized for its efforts in offering its staff a wide range of health and well-being benefits - for both mental and physical aspects. It also implemented various programs for employees where they can participate in social contribution projects and more.

How Forbes Determines the Ranking

Forbes stated that it came up with the list this year by teaming up with Statista market research firm, which surveyed over 170,000 employees in more than 50 countries. The workers are employed in multinational companies and institutions. The responses were combined to determine a score, and based on the numbers, they are listed in the sheet.

Meanwhile, for this year’s ranking, Microsoft closely follows behind Samsung Electronics to claim the second spot. Alphabet placed third, with Apple and Ferrari placing fourth and fifth, respectively.

Photo by: Samsung Media Library