By Sally French, MarketWatch
The free cafes , rock climbing walls , massages and even death benefits might not be enough to attract top talent anymore. Despite being notorious for incredible employee benefits, Alphabet, the company formerly known as Google, is no longer the top company to work for in America, according to one ranking at least.
Google lost the crown to a company known for its frugality and lack of a party-style campus: Amazon. Career site LinkedIn’s ranking of the top 50 companies to work for in 2018 is out, and Amazon is now No. 1.
Here’s the complete list of the top 50 companies to work for in America, according to LinkedIn:
|Ranking||Company||Ticker (if public)|
|7||Comcast NBCUniversal||/zigman2/quotes/209472081/composite CMCSA|
|8||The Walt Disney Company||/zigman2/quotes/203410047/composite DIS|
|13||McKinsey & Company||-|
|18||JPMorgan Chase & Co.||/zigman2/quotes/205971034/composite JPM|
|24||Goldman Sachs||/zigman2/quotes/209237603/composite GS|
|26||Boston Consulting Group||-|
|27||Live Nation Entertainment||/zigman2/quotes/203077299/composite LYV|
|28||Morgan Stanley||/zigman2/quotes/209104354/composite MS|
|33||National Basketball Association||-|
|9||National Football League||-|
|42||Capital One||/zigman2/quotes/204480509/composite COF|
|45||Johnson & Johnson||/zigman2/quotes/201724570/composite JNJ|
|LinkedIn’s 2018 survey of Top Companies to Work for in America|
Seattle-based Amazon is the second-largest private employer in the U.S., with 566,000 employees globally, according to LinkedIn (the largest is Walmart /zigman2/quotes/207374728/composite WMT +1.30% , with over 2 million employees). The company saw rapid growth over the past year driven by the $13.7 billion purchase of Whole Foods and news that Amazon would open a second headquarters in North America.
Amazon may not be known for catchy perks, but recently made the news for announcing a new health initiative, along with Berkshire Hathaway /zigman2/quotes/208872451/composite BRK.A +2.63% and J.P. Morgan /zigman2/quotes/205971034/composite JPM +4.68% , aimed at improving health care for the three companies’ employees in a more cost-effective way.
Google came in No. 2 in LinkedIn’s workplace ranking, and is notorious for treating employees well. Google says it receives 1.1 million applications each year, and has plans to open or expand offices in nine states and hire thousands more people over the next few years. Employees cite free food, fitness centers, organized events, massage rooms, gym glasses and arcades as among the top perks, in addition to standard benefits like 401(k) match and a generous medical insurance plan.
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Other tech companies dominate the top of the list, with Facebook coming in at No. 3, followed by Salesforce, Tesla and Apple. The first non-tech company to appear on LinkedIn’s list is Comcast NBCUniversal at No. 7, followed by The Walt Disney Company at No. 8.
David Paul Morris/Bloomberg
LinkedIn’s ranking is based on data from its more than 500 million members, based on metrics such as the rate of people applying for jobs through LinkedIn, employee retention and the rate of profiles visiting a company’s career page. LinkedIn and Microsoft /zigman2/quotes/207732364/composite MSFT +3.38% , which LinkedIn is a subsidiary of, were omitted from the rankings.