Work is an integral part of life as it is not easy to have a decent livelihood without a job. Job seekers have several aspects running on their mind before searching for a job which includes the pay, number of working hours, name of the company, rules and regulations etc. Working in a reputed company will be a bonus to add to the resume. This article we are going to take a look at the Forbes world's best employers 2020 list in detail.
This article will provide insights into the following topics:
- Top Forbes List of World's Best Employers
- What are the top 10 best companies to work for?
- World's best employers 2020
- Best companies to work for in the world
- Top employers 2020
- Who is the best employer in the world?
- Who is the number 1 employer in the world?
1. Samsung Electronics
The pinnacle of the world's best employers, according to Forbes, is touched by Samsung Electronics this year 2020. Serving customers worldwide, they are best known for household appliances and mobile phones for more than a decade now.
Market Capital: 278.7B is the market capitalisation of the company.
Sales: Their revenue, according to the year 2019, is US$197.7 billion. By 2020 it is $278.7B.
CEO: Hyun-Suk Kim, Kinam Kim and Dong-Jin Koh are the three well-recognised CEOs of the brand.
Number of Employees: According to the year 2019, there are a total of 287,439 employers working under Samsung Electronics. Now, 105,257 employers are employed in 2020.
Industry and Production: Samsung majorly manufactures Semiconductors, Electronics, Electrical Engineering, Technology Hardware &. Equipment. Cable televisions, monitors, printers, air-conditioners, refrigerators, washing machines and medical devices are few well-known manufactured goods from Samsung.
Headquarters: The headquarters are situated in Samsung Digital City in Suwon.
Country: The company is found in South Korea from where major administrative decisions and changes are made.
2. Amazon
One of the most famous companies with a thoughtful logo which focuses mainly on e-commerce. It also has video and music broadcasting platforms, namely Amazon Prime and Amazon Prime Music. Amazon was founded 26 years ago and is still serving people worldwide.
Market Capital: According to November 11, 2020, $3137.39 is the market capital.
Sales: According to the year 2019, US$280.522 billion as revenue was raised. However in 2020, $296.3 the revenue collected.
CEO: Jeffrey P. Bezos, an American internet entrepreneur and industrialist, is the CEO of Amazon.
Number of Employees: As of May 12, 2020, there are nearly 798,000 employees.
Industry and Production: Amazon is known for its online retail shopping services. It has also launched many products such as Echo, FireTablet, Fire TV, Fire OS and Kindle.
Headquarters: The headquarters is situated at Seattle, Washington.
Country: Amazon was founded in the United States and is managed from there till date.
3. IBM
Best known computer company in the world, IBM, stands for International Business Machines. IBM is a joint company of three companies, namely the Computing Scale Company, the Tabulating Machine Company, and the Time Recording Company. IBM is nearly 109 years old now.
Market Capital: As of November 12, the capital revenue of IBM is $115.54.
Sales: As of May 12, 2020, the sales revenue is $76.5 billion.
CEO: Arvind Krishna is the CEO of IBM who began his career at IBM in the year 1990.
Number of Employees: The total number of employees is 383,800, according to the year May 12, 2020.
Industry and Production: IT, Internet, Software & Service is the main production of IBM. The success of IBM lies in its search for innovation.
Headquarters: The headquarters is situated at Armonk, New York.
Country: IBM is mainly based on the United States from where any essential decisions are made.
4. Microsoft
Known for making personalised computers popular among the public, Microsoft was the first software company worldwide to make a million dollar in sales. The advantage of Microsoft is to adapt to the nature of the marketplace very quickly to satisfy the needs of the customers.
Market Capital: $216.74 is the market capitalisation as of November 12, 2020.
Sales: The revenue of Microsoft is $138.6B, according to May 12, 2020.
CEO: Satya Nadella, an Indian-American business executive, is the CEO of Microsoft.
Number of Employees: 144,000 employees are currently employed in Microsoft, according to May 12, 2020.
Industry and Production: Microsoft majorly is an industry which develops and supports software, services, devices, and solutions. IT, Internet, Software & Services are the departments concentrated by Microsoft.
Headquarters: The headquarters is situated at Redmond, Washington.
Country: Microsoft is mainly based out of the United States, where important administrative decisions and creative solutions are made.
5. LG
The fifth company in the list is LG which was initially founded in the year 1958. It was named as "GoldStar" during the Korean War. The first company to make Korean radios, TVs, refrigerators, washing machines and air conditioners, the main aim of LG, was to push the county to produce domestically made goods. It economically helped them too.
Market Capital: As of May 12, 2020, the market capitalisation of LG is $8.9 billion.
Sales: There is a revenue of $5.2 billion earned by LG, according to the May 12, in the year 2020.
CEO: Kwang-Mo Koo and Young-Soo Kwon are the two strong CEOs of LG.
Number of Employees: The total number of employees, according to May 12, 2020, is 72,600+. The numbers are still increasing rapidly.
Industry and Production: LG mainly focuses on Semiconductors, Electronics, Electrical Engineering, and Technology Hardware & Equipment. As far as electronics are concerned, LG is known for household appliances like fridge, washing machine etc in Asia.
Headquarters: The headquarters of LG is situated in Seoul.
Country: LG is mainly based in South Korea as it has its headquarters there.
6. Apple
Known for its creation of individual computers for people, Steve Jobs, Apple INC brings delight to its customers. The superior design puts it above all the other android peers in the market. Steve Job's brand is known for giving a rich experience for their customers.
Market Capital: As of November 13, the market capitalisation of Apple is $118.96.
Sales: The revenue received by Apple, according to May 12, 2020, is $267.7 Billion.
CEO: Tim Cook, also known as a philanthropist and industrial engineer, is the current CEO in Apple.
Number of Employees: The total number of employees serving the Apple company as of FY 2020 is 137,000.
Industry and Production: Apple mainly focuses on Semiconductors, Electronics, Electrical Engineering, and Technology Hardware & Equipment. One of the famous products of Apple is the iPhone. iPad, Mac, iPod, Apple Watch were also equally welcomed by the audience.
Headquarters: The headquarters of Apple is situated at Cupertino, California.
Country: Apple is mainly based on the United States.
7. Adobe (ADBE)
One of the popular applications known by all for its visual design applications, Adobe is a backbone for artists. Invented in the year 1987, it is still a program widely used for retouching digitised photos. It is used as both a personal and professional tool to date.
Market Capital: As of November 13, the market capitalisation of Adobe is $469.34.
Sales: $11.6B Sales in Adobe was recorded in the year May 12, 2020.
CEO: Shantanu Narayen, an Indian-American business executive, is the CEO of Adobe since the year December 2007.
Number of Employees: The total number of employees working in Adobe is 22,000 according to the year May 12, 2020.
Industry and Production: IT Software & Services are the main focus of Adobe. Adobe Flash web software ecosystem, Photoshop image editing software, Adobe Illustrator vector graphics editor, Acrobat Reader are few famous products.
Headquarters: The headquarters of Adobe is situated at San Jose, California.
Country: Every decision and administrative measures for Adobe is taken from the United States.
Conclusion
Overall, these are the top companies in Forbes world's best employers list 2020. Forbes world's best employers list 2019 also had most of these companies' names in it. Top employers 2020 only earn a large sum of money but also fame, reputation and respect!
Co-author: Akshaya Saravana Kumar
Akshaya is currently pursuing Masters in English Literature. She is an avid reader, an animal lover and a movie freak. She loves to spend her past time travelling to strange places in different time zones with her imagination and fall in love with fictional characters.
