Amidst historic turmoil in the labor market, a number of retailers have made the list of Best Places to Work, put out annually by Glassdoor.
Lululemon was the only retailer to rank among the top 25 employers at #9, an interesting juxtaposition to the other headlines in which the retailer has featured recently, which have involved patent infringement disputes with both Nike and Peloton.
While not in the top 25, a number of other major retailers did land in the top 100, with grocers particularly well-represented. Retailers that made the list include:
- Lululemon (#9);
- Trader Joe’s (#32);
- H-E-B (#33);
- eBay (#55);
- Apple (#56);
- Wegmans (#80);
- Vans (#84);
- Madewell (#88);
- Scheels (#90);
- Costco Wholesale (#93); and
- REI (#95).
Retail is one of the industries expected to be most impacted by employee turnover this year, according to a recent survey from ResumeBuilder.com, with one in four respondents saying they intend to look for a new job this year. One in two respondents listed better pay and benefits as their primary motivations for seeking new employment. Retailers are responding, with 83% of retailers saying they are investing more heavily in recruiting and retention, according to Deloitte’s 2022 Retail Industry Outlook. Deloitte advises retailers to “invest in technology and automation to compete with more tech-savvy industries while also offering culture, flexibility and purpose to attract talent.”
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Indeed, while retail was one of the most strongly represented industries on the Glassdoor list with 11 companies, technology was by far the leading sector with 40 companies among the top 100. Among those are many companies with relationships to retail, including Google (#7), Salesforce (#10), Adobe (#15), Rivian (#20, maker of electric vans for Amazon), Microsoft (#28), Block (#35, formerly Square), Zendesk (#43), Meta (#47, formerly Facebook) and Atlassian (#67), among others.
“The world of work is rapidly evolving, fueled by the pandemic and now millions of workers reevaluating their expectations of employers,” said Christian Sutherland-Wong, CEO of Glassdoor in a statement. “This year’s Best Places to Work winners are leading the way by listening and responding to employee feedback and reimagining the employee experience to truly put their people first. It’s inspiring to see these employers step up during the pandemic to expand and grow company cultures where employees feel supported and valued in and out of work.”
The #1 Best Place to Work in 2022 was chip manufacturer NVIDIA, followed by HubSpot at #2 and Bain & Company at #3. Bain has made the list for all 14 years it has been put out, along with Google and Apple. Zoom Video Communications saw the biggest drop in its ranking, plummeting 78 spots down from 2021 to #100.
The Glassdoor ranking is based on feedback shared over the past year by each company’s employees on the site.