Fortune 100 Best Companies to Work For

Fortune and our partner Great Place to Work have been publishing the Best Companies list for 26 years. If we’ve learned anything from more than two and a half decades of ranking businesses, it’s that everything is always changing. But building a culture of trust and transparency is essential to help everyone thrive, especially in rocky economic times.

The Top Ten

Cisco Systems

Prev. #1

Information Technology

Cisco, like many technology companies, is at an inflection point after letting go of roughly 4,800 workers at the beginning of 2023. Layoffs can hurt even strong company cultures, but the digital communications and technology conglomerate does have a solid foundation that can help it weather the recent upheaval and maintain its No. 1 spot for the third consecutive year. Cisco’s inclusive workplace is built on a strong sense of purpose that comes through in projects like the Purpose Report and ESG Reporting Hub, where the company has been publicly detailing progress on its environmental, social, and governance (ESG) initiatives since 2005.​ Amanda Cumberland, director of ESG strategy and reporting, insights, and impact at Cisco, recently wrote about how proud she is of the difference Cisco makes for people and the world. “We don’t have it all figured out yet, but we want to keep learning and doing more,” she says.

Hilton Worldwide Holdings

Prev. #2

Hospitality

Hilton prides itself on making work life great for all its employees, with the goal of building “a fully human experience at work.” The hospitality company has focused its employee experience around improving wellness, professional growth, purpose, and inclusion—committing itself to global gender parity and 25% ethnic diversity in corporate leadership by 2027. A key priority has been supporting the mental health of its employees: In the past year, Hilton started offering free counseling to staff and access to an internal hub with a variety of mental health resources meant for engaging in and normalizing mental health conversations. With “Hilton Flex,” team members get more flexibility over when they work, which department they work in, and even how often they’re paid, a program that Hilton reports has helped improve retention.

American Express

+5 spotsPrev. #8

Financial Services & Insurance

For the third year in a row, American Express achieved 100% pay equity across gender globally, and across race in the U.S., unfortunately still a rarity for many firms. It also increased the number of employees who are eligible for company stock options; expanded mental health benefits; and began subsidizing virtual tutoring for workers’ children who need the extra help. Beyond those benefits, Amex continues to take the lead among its financial-firm peers in scheduling flexibility, allowing employees not required to be on-site full-time to “Work From Anywhere” up to 30 days a year. Some 80% of employees can work remotely day-to-day, while 99% of the workforce is eligible for hybrid work. Unlike other companies, Amex has proved its commitment to diversity and inclusion is more than just a talking point: The company is expanding its $1 billion investment in diverse suppliers and other such initiatives to $4 billion by the end of 2025.

Wegmans Food Markets

-1 spotPrev. #3

Retail

The 107-year-old grocery chain based in Rochester, N.Y., has made Fortune’s Best Companies list every year since its 1998 launch. Wegmans employs over 53,000 workers and maintains a $15 minimum wage, nearly double the national average. Workers laud the privately owned company for its intensive training program, commitment to flexible scheduling, and focus on providing employees the opportunity for advancement. For the past five years, Wegmans has consistently reviewed each job opening with a college degree requirement and shifted the language to say “preferred,” putting the emphasis instead on skills and relevant job experience. Still, Wegmans invests heavily in its employees’ education, giving away over $6 million a year in its scholarship competition: Since the program’s 1984 launch, Wegmans has awarded $135 million in scholarships to more than 44,000 employees.

Accenture

+1 spotPrev. #6

Professional Services

Accenture celebrates its 15th year on the Best Companies list thanks in part to its implementation of new mental health resources and continuation of its apprenticeship program. The professional services company emphasizes internal transparency with its Raise a Concern site, where workers can easily find support for issues, track how the investigation process works, and see how similar concerns were handled. It’s paid off, as nine out of 10 employees say that management is “honest and ethical” in its practices. In an effort to expand the talent pool, Accenture met its goal to fill more than 20% of fiscal hires this past year from the ranks of its apprenticeship program, a majority of whom don’t hold four-year degrees. In response to issues of social injustice and worker burnout, Accenture began its Building Bridges conversations, where employees were encouraged to talk about race, gender, and identity. The massive tech firm also announced in late March that it was laying off 19,000 workers globally, about 3% of its workforce.