Conversation Starter: Trends in Glassdoor’s Best Places to Work 2024

Earlier this week, Glassdoor released its Best Places to Work 2024, highlighting companies that excel at creating a positive workplace culture, according to employees. Notably, there have been some shifts in this year’s list compared to previous years.

After a year of layoffs and recession fears in the headlines, the tech industry lost some of its luster. There were only 31 tech companies in the top 100 of the ranking this year, down from 41 last year. That being said, tech was still the most-represented industry among the top 100 companies, with prominent companies like NVIDIA (#2), Microsoft (#18) and Apple (#39) ranking highly.

The decline for tech was also married with a rebound for some other industries like consulting and finance, which have traditionally been seen as great industries to climb the career ladder, offering good compensation and career opportunities. Nowhere is this more apparent than the #1 ranked company, Bain & Co.

Similar to the trends by industry, companies headquartered in the San Francisco Bay Area fared modestly worse in this year’s list, with only 19 companies, down from 27 last year. As tech loses some of its shine and remote work expands opportunities across the country, the Bay Area tech hub will have more competition in the years to come.

Conversation Starters are a periodic series of charts and data points from Glassdoor’s Economic Research team aimed at sparking conversations on timely trends in employee satisfaction, workplace community, the future of work, and the labor market more broadly.