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 |
