These are the ten companies that ranked highest in the growth of professional staff
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The latest ranking by the Burning Glass Institute, the Schultz Family Foundation and the Harvard Business School’s Managing the Future of Work Project found WW Grainger and nine other companies to be the ones where employees can best find growth in their professional lives.
Industrial supply company WW Grainger took first place in this year’s American Opportunity Index, which its creators say “reveals which of America’s largest companies are doing everything they can to improve the careers of their workers and grow the middle class” at work. the market.
The index considered factors such as hiring, pay, promotion, equity and culture at several of America’s largest companies over a five-year period to determine the order of Grainger’s rankings. The ranking uses data about the “occupation fields” of more than 5 million workers and pays particular attention to positions that don’t require a college degree, it said.
The American Opportunity Index gave Grainger, which employs more than 26,000 people, 4 points for hiring, pay, cultural fit, and 3 points for promotion.
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“The foundation of Grainger Culture is the unwavering belief that all team members deserve the opportunity to have meaningful and fulfilling work. This recognition is a testament to our investment in attracting, developing and retaining the best people to continue to achieve our mission – We Keep the World Working – for our customers and communities,” the executive was quoted as saying. of Grainger DG Macpherson.
The industrial supply company rose two places from third last year to reach the No. 1 in 2024, according to the index.
The other nine companies in the top ten were in the retail, finance, technology, transportation, food and insurance industries.
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According to the American Opportunity Index, the companies that received the highest rankings this year include:
1. WW Grainger
UKRAINE – 2021/04/04: In this photo illustration the Grainger, Inc logo is seen on a smartphone and PC screen. (Image credit by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) (Photos by Pavlo Gonchar/SOPA/LightRocket via Getty Images / Getty Images)
2. Costco Wholesale
The Costco logo displayed on a laptop screen and a small shopping cart are seen in this photo taken in Krakow, Poland on February 22, 2024. (Jakub Porzycki/NurPhoto via Getty Images/Getty Images)
3. Capital One Financial
MCLEAN VA- FEBRUARY 08: The sun shines above the Capital One logo outside their headquarters buildings on February 8, 2024, in McLean, Va. (Photo by J. David Ake/Getty Images) (J. David Ake/Getty Images/Getty Images)
4. Meta Platforms
Facebook’s new rebrand Meta logo is seen on a smartphone in front of the displayed logos of Facebook, Messenger, Intagram, Whatsapp and Oculus in this photo taken on October 28, 2021. REUTERS/Dado Ruvic/Illustration (REUTERS Photos/Dado Ruvic/Illustration/Reuters)
5. Service Now
CHINA – 2024/09/21: In this stock photo, the ServiceNow logo is displayed on a smartphone screen. (Image credit by Sheldon Cooper/SOPA Images/LightRocket via Getty Images) (Photos by Sheldon Cooper/SOPA/LightRocket via Getty Images / Getty Images)
6. JB Hunt Transport Services
Signs outside the JB Hunt Transport Services Inc. freight depot. in Indianapolis, Indiana, US, Saturday, Jan. 15, 2022. JB Hunt Transport Services Inc. is scheduled to release earnings on January 18. Photographer: Luke Sharrett/Bloomberg via (Luke Sharrett/Bloomberg via Getty Images/Getty Images)
7. Coca-Cola
Signs outside the Coca-Cola bottling plant in Albany, New York, US, Tuesday, Jan. 30, 2024. The Coca-Cola Co. is scheduled to release earnings figures on February 13. (Angus Mordant/Bloomberg via Getty Images/Getty Images)
8. PepsiCo
The new production facility is 1.2 million-square-feet, according to a PepsiCo spokesperson. (Kennedy Hayes/Fox News)
9. MetLife
The logo of life insurance company MetLife is seen on top of a building in Kyiv, Ukraine, on January 31, 2022. (Photo by STR/NurPhoto via Getty Images) (Photo by STR/NurPhoto via Getty Images) / Getty Images)
10. Bank of America
Signs at a Bank of America branch in New York, US, on Saturday, Oct. 5, 2024. Bank of America Corp. is scheduled to release earnings figures on Oct. 15. Photographer: Michael Nagle/Bloomberg via Getty Images (Michael Nagle/Bloomberg via Getty Images/Getty Images)
The 2024 entry for three of those companies – JB Hunt, PepsiCo and MetLife – marked a jump out of the top ten. They were No. 21, 19 and 16, respectively, last year, according to the index.
The American Opportunity Index includes 395 large American companies, 100 of which are called “top performers.”
When it comes to the top 100 companies in terms of pay, their employees received 130% more compensation than those in the bottom 100 in that category, according to the American Opportunity Index.
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Meanwhile, employees in the top 100 employers for international promotions had a 130% higher chance of a promotion at their company compared to those in the bottom 100, it also found.
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