LinkedIn released its annual US list of the best big employers for career growth this week, and JPMorgan Chase & Co. ranked No. 1.
A few kinds of employers emerge among LinkedIn's top 15 large companies for US career growth including financial-services giants like JPMorgan and Wells Fargo, telecom companies AT&T and Verizon, and the Big Four accounting firms Deloitte and PwC.
"This year's honorees are proving that investment in the employee experience is vital in today's workplaces," the report said. "Whether it's launching upskilling initiatives or offering flexible working arrangements, these are the companies leading the way in not only attracting workers, but retaining them in our ever-changing world of work."
The career-growth ranking was released amid a robust but slower job market with fewer job openings and quits than during the wild recovery from the pandemic. The labor market has been looking more Goldilocks-like, where it's not too hot or not too cold.
"Job seekers still have some bargaining power but are less willing to demonstrate that power by leaving their jobs," Nick Bunker, economic research director for North America at the Indeed Hiring Lab, recently told Business Insider. "With fewer new job opportunities and less of a pay bump for switching roles, more employees are staying put. However, layoff rates are still low, so workers have robust job security compared to pre-pandemic levels."
Not all companies qualified for the ranking. One of the requirements was size: "To be eligible, companies must have had 5,000 or more global employees with at least 500 in the country as of Dec. 31, 2023," the report said. Workforce layoffs was another factor, per the methodology. A few kinds of workplaces were also excluded, such as government agencies.
Skills growth, gender diversity, and the ability to advance were three of the eight "pillars" used for this list. Ability to advance covered "employee promotions within a company and when they move to a new company, based on standardized job titles," per the methodology.
"Our methodology uses LinkedIn data to rank companies based on eight pillars that have been shown to lead to career progression," the report said.
Below are the top 15 places.