No financial services background? No problem! The investment adviser has what it calls the financial industry’s “most comprehensive training program,” which deploys a pay-it-forward culture that sees seasoned financials impart their knowledge and wisdom to new hires—even those with no experience in the field. That translates to job security in the long run; Edward Jones’s retention statistics show that when a new financial adviser receives at least $5 million in assets, there’s an 85% chance that adviser will still work for the company in five years. Compensation perks are nice, too: There’s an annual merit-based pay increase, three bonuses per year, a matched 401(k), and the chance to become a limited partner in the firm.
Read the Great Place to Work review.
Company Info
Rank last year | 7 |
Years on list | 21 |
HQ location | St. Louis |
Employees | 47,438 |
Job openings (as of February 2020) | 3,431 |
Industry | Financial Services & Insurance |
Revenue, 2019 or most recent year ($M) | $9,369 |
Year founded | 1922 |
Type of organization | Private Partnership |
Number of work sites | 15,050 |
Website | www.edwardjones.com |
Perks
100% health coverage | No |
Unlimited sick days | No |
Telecommuting | Yes |
Job sharing | Yes |
Subsidized childcare | No |
Compressed work weeks | Yes |
Fully-paid sabbaticals | No |
On-site fitness/subsidized gym | Yes |
On-site medical care facility | No |
Non-discrimination policy includes sexual orientation | Yes |
Health insurance for part-timers | Yes |
Sick days for part-timers | No |
College tuition reimbursement | Yes |
Student loan debt repayment | No |
Medical facility at all locations | No |
Diversity
% Women | 61.5% |
% Minorities | 8.7% |
% African-American/Black | 2.6% |
% Asian | 1.5% |
% Caucasian/White | 81.7% |
% Hispanic/Latino | 3.3% |
% Native American/Alaska Native | 0.5% |
% Native Hawaiian/Pacific Islander | 0.2% |
% Two or more races | 0.6% |
% Unknown ethnicity | 9.6% |
Date info provided | July 29, 2019 |
Paid Time Off
PTO limit (days) | 20 |
# Sick days | 8 |
Compensation
Most common job (for salaried employee) | Field Supervision Director |
Avg. base pay (salaried) | $81,249 |
Avg. extra compensation (salaried) | $8,689 |
Total pay for most common job (salaried) | $89,938 |
Hiring/Staffing (Past 12 Months)
Full-time and part-time job growth | 6% |
# of job applicants | 130,463 |
Avg. # of applicants per opening | 17 |
# New graduates hired | 705 |