The 2023 Best Workplaces in New York offer career growth and flexible schedules
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The most favorable work environments are those that encourage and facilitate employee growth and development. These workplaces offer an even distribution of chances for taking on new projects, leadership positions, and opportunities for advancement. Furthermore, worker, regardless of their job title, has equal chances of being distinguished for their exemplary work and innovative ideas.
Companies that have made it onto the exclusive 2023 Fortune Best Workplaces in New York™ List have seen the positive impact of employee development. A staggering 93% of workers at these companies praise their workplaces, a considerable difference from the 63% satisfaction rate among employees of a typical U.S. company. Great Place To Work® has compiled the list by analyzing responses from surveys of companies with 7.5 million U.S. employees. Over 170,000 replies were received from eligible companies in New York, and the companies have been ranked according to this feedback.
Here are the top three experiences reported by employees at winning companies:
1. Welcomed when joining the company 2. Having pride in their company brand 3. Holding a lot of responsibility in their role
At these companies, employees are:
—1.8 times more likely to give extra effort if they have a lot of responsibility —2.3 times more likely to stay if they feel pride in their company —4.3 times more likely to recommend their employer if they feel pride in their company
“Congratulations to the Best Workplaces in New York,” says Michael C. Bush, CEO of Great Place To Work. “These great companies are laser-focused on their most valuable asset: their people. The result? Higher productivity and performance, and faster rates of innovation.”
“Fortune congratulates the Best Workplaces in New York,” says Fortune Editor-in-Chief Alyson Shontell. “In a challenging economy, these companies have demonstrated the increasing value of ensuring that employees feel valued.”
Who made the list
The list was segmented into two categories: Large companies with more than 1,000 employees and small- and medium-sized companies with 10 to 999 employees.
Here are the companies that top the list of large New York-based employers:
As part of the survey, employees answered two open-ended questions about their experience in the workplace. Here’s what an employee said about the value of flexibility in improving their experience in the workplace:
“I have had the opportunity to work an 80% schedule [Monday through Thursday] for the past 10 years. During this time, I have been promoted and taken on increasing responsibility. I feel lucky that my flexibility and work-life balance have not inhibited my ability to excel at this company.”
—Employee at Accenture, No. 3, large company category
What you can learn
The top-performing companies offer clear lessons for leaders looking to improve the employee experience at their company—and perhaps make a list themselves.
1. Provide opportunities for growth. At winning companies, nine in 10 employees say they have lots of responsibility, indicating low levels of micro-managing. Make sure your employees have the space and permission to take on stretch goals and grow into new roles.
2. Offer flexibility. When employees said they could take adequate time off, they had 10% higher odds of wanting to stay with the company long-term. Flexible work is a key tool for promoting well-being, a top priority for many leaders in 2023.
3. Create an inclusive environment for all. When employees report a warm welcome when joining a new team, they have 10% higher odds of also experiencing agility, or the ability to quickly adapt to change. A welcoming environment has also been proven to drive performance amid economic turmoil.
At the best companies, employees are seen as essential business partners.
When they join the company, they find an open, inclusive atmosphere that makes them feel welcomed and valued right from the start. They report being able to take time off for important life events outside of work. They have immense pride in their job and the company they work for.
For employees at companies on the 2023 Fortune Best Workplaces in the Bay Area™ List, 94% said their organization was a great workplace. That’s 50% better than the average U.S. workplace, where only 63% of workers report having a great place to work.
Great Place To Work® developed the Best Workplaces in the Bay Area list by analyzing surveys from companies that employ 7.5 million people in the U.S. Of the 1.3 million surveys collected, nearly 100,000 responses came from companies eligible for the Bay Area list, and these rankings are based on that feedback.
Here are the top three experiences reported by employees at winning companies:
1. Welcomed when joining the company 2. Pride in the organization 3. Free to take time off when necessary
And those experiences create these impressive business results. Employees are:
—1.9 times more likely to stay if they feel pride in their company —1.3 times more likely to give extra effort if they feel welcomed when joining the organization —Six times more likely to recommend their workplace if they feel pride in their company
“Congratulations to the Best Workplaces in the Bay Area,” says Michael C. Bush, CEO of Great Place To Work. “Amid ongoing uncertainty and challenging market pressures, these companies stuck by their principles and delivered exemplary experiences for all employees. The reward? Those workers are giving their full effort—driving productivity, innovation, and a great experience for their customers.”
“Fortune congratulates the Best Workplaces in the Bay Area,” says Fortune Editor-in-Chief Alyson Shontell. “Employee experience is critical to company performance, and these companies are setting that standard.”
Who made the list
The list was segmented into 25 large companies (1,000 or more employees) and 75 small- and medium-sized companies (10 to 999 employees).
Here are the companies that top the list of large Bay Area employers:
As part of the survey, employees were able to answer two open-ended questions about their experience in the workplace. Here’s what it sounds like when an employee is experiencing a high-trust culture:
“I really believe in the impact of what we’re doing. The company’s values and ‘high impact behaviors’ are really integrated into the employee experience. I also uniquely trust the leadership of the company and I’m proud to be a member of the company when I hear their messages to the world. “
–Employee at BetterUp, No. 32 on the small- and medium-sized list
What you can learn
These winning companies offer three compelling lessons for other companies looking to create overwhelmingly positive experiences for employees.
1. Cultivate pride. At winning companies, nine in 10 employees say they are proud of their organization. Consider opportunities to instill pride in your workplace.
2. Offer flexibility. At the winning companies, 91% of employees report being encouraged to find a healthy work-life balance. For the typical U.S. organization, only 58% of employees reported a healthy work-life balance.
3.Create an inclusive environment for all. A welcoming environment starts with the hiring process, but it doesn’t stop there. A sense of belonging is an essential element of high-trust workplace culture.
How to make the list
Think your company deserves special recognition? Get started here to become eligible for next year’s Best Workplaces honors.
Ted Kitterman is a content manager with Great Place To Work®.
