Employees At These Large Companies Are Most Satisfied With Their Pay Packages: Meta, Alphabet (Google) Slipped In The Rankings

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Zinger Key Points
  • Employee reviews site Comparably compiled data to rank the top compensation packages at large companies based on employee feedback.
  • Several tech companies, especially cybersecurity firms, performed well in the compensation analysis.
  • Discover Fast-Growing Stocks Every Month

Several tech companies scored well on a recent analysis of employee satisfaction regarding compensation, but none of the usual mega-cap suspects made the top 10

What To Know: Many tech companies, especially cybersecurity firms, performed well on compensation analysis from employee reviews site Comparably.

The rankings are derived from worker sentiment from August 2022 to August 2023 based on a series of questions surrounding feeling paid fairly, raise frequency, benefit packages, annual bonuses and stock-based compensation.

Being paid competitively compared to the broader market and feeling paid fairly versus colleagues are two strong contributing factors to overall employee sentiment, per CNBC.

Here's a look at the top 20 large companies where employees are happiest with their current pay package. 

  1. Workday Inc WDAY 
  2. Boston Consulting Group
  3. Uber Technologies Inc UBER
  4. Adobe Inc ADBE
  5. Calix Inc CALX 
  6. Proofpoint
  7. Maplebear Inc CART
  8. Chegg Inc CHGG
  9. Palo Alto Networks Inc PANW
  10. SAP SE SAP
  11. AT&T Inc T 
  12. Experian
  13. Meta Platforms Inc META
  14. Alphabet Inc GOOG
  15. Squarespace Inc SQSP
  16. Microsoft Corp MSFT 
  17. Vista
  18. DataArt
  19. Elastic
  20. Trimble

Meta and Alphabet were ranked in the top 10 last year, but they saw a significant drop in this year's rankings. Meta has deemed 2023 the "year of efficiency" and Alphabet has reportedly been cutting back on perks and amenities throughout the year. 

Of the companies that ranked highest on the list, many employees highlighted strong benefits packages and pay transparency. 

Chad Herring, chief human resources officer at Comparably parent company ZoomInfo, noted transparency goes a long way for how an employee views their employer. Pay transparency and equitable pay practices meaningfully contribute to worker sentiment, he said. 

"Employees overwhelmingly respond to employers being proactive about those elements of their business," Herring said. 

Read Next: Salary Spectrum: Here's How Much Money You Need Just To 'Get By' In Each US State

Photo: RAEng_Publications from Pixabay.

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