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A recent ranking by the Burning Glass Institute, the Schulz Family Foundation, and Harvard Business School's Future of Work Management Project ranked WW Grainger and nine other companies as companies that offer employees the most growth in their professional lives. It turned out to be a company.
Industrial supplies company WW Grainger took home this year's number one spot. american opportunity indexThe paper's authors said they “reveal which large U.S. companies are doing the best job of advancing the careers of their employees and growing the middle class in the job market.”
The index considered factors such as hiring, pay, promotion, parity, and culture at a number of large U.S.-based companies over a five-year period to determine Grainger's first list order. . The ranking uses data on the “career trajectories” of more than 5 million workers, with a particular focus on jobs that don't require a college degree.
The American Opportunity Index gives Grainger, which employs more than 26,000 people, a score of 4 for hiring, pay, parity and culture and a score of 3 for advancement.
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“The foundation of the Granger culture is our unwavering belief that all team members deserve the opportunity to have a meaningful and fulfilling career. It's a testament to our investment in cultivating and sustaining our Purpose – We keep the world moving – for our customers and our communities,” Grainger CEO DG McPherson was quoted as saying.
According to the index, industrial supply companies will reach the number one spot in 2024, moving up two places from third place last year.
The other nine companies in the top 10 operate in the retail, financial, technology, transportation, food, and insurance industries.
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According to the American Opportunity Index, the companies with the highest overall rankings this year are:
1.WW Granger
Ukraine – 04/04/2021: This photo illustration shows the Grainger, Inc logo on a smartphone and PC screen. (Photo illustration: Pavlo Gonchar/SOPA Images/LightRocket, Getty Images) (Pavlo Gonchar/SOPA Images/LightRocket via Getty Images / Getty Images)
2.Costco Wholesale
This illustrated photo taken in Krakow, Poland on February 22, 2024, shows the Costco logo and a small shopping cart displayed on a laptop screen. (Jakub Porzycki/NurPhoto via Getty Images / Getty Images)
3. Capital One Financial
MCLEAN, VA – FEBRUARY 08: The sun blazes over the Capital One logo outside the corporate headquarters building in McLean, Virginia on February 8, 2024 (Photo by J. David Ake/Getty Images) (J. David Eyck/Getty Images/Getty Images)
4. Metaplatform
In this illustrated photo taken on October 28, 2021, Facebook's new rebranded logo, Meta, is seen on a smartpone in front of the displayed logos of Facebook, Messenger, Instagram, Whatsapp, and Oculus. Reuters/Dado Ruvic/Illustration (Reuters/Dado Ruvic/Illustration/Reuters Photo)
5.ServiceNow
China – 2024/09/21: This photo illustration shows the ServiceNow logo on a smartphone screen. (Photo illustration: Sheldon Cooper/SOPA Images/LightRocket, Getty Images) (Sheldon Cooper/SOPA Image/LightRocket, Getty Images/Getty Images)
6. JB Hunt Transportation Service
A sign outside the JB Hunt Transport Services Inc. cargo depot on Saturday, January 15, 2022, in Indianapolis, Indiana, USA. JB Hunt Transport Services Inc. is scheduled to report earnings on January 18th. Photographer: Luke Sharett/Bloomberg via (Luke Charette/Bloomberg via Getty Images/Getty Images)
7. Coca Cola
A sign outside the Coca-Cola bottling plant on Tuesday, January 30, 2024, in Albany, New York, USA. The Coca-Cola Company is scheduled to announce its financial results on February 13th. (Angus Mordaunt/Bloomberg via Getty Images/Getty Images)
8. PepsiCo
The new manufacturing facility will be 1.2 million square feet, according to a PepsiCo spokesperson. (Kennedy Hayes/FOX News)
9. MetLife
The logo of life insurance company MetLife on the roof of a building in Kiev, Ukraine, January 31, 2022. (Photo: STR/NurPhoto, Getty Images) ((Photo courtesy: STR/NurPhoto, Getty Images) / Getty Images)
10. Bank of America
Bank of America branch sign in New York, USA, Saturday, October 5, 2024. Bank of America is scheduled to release its financial results on October 15th. Photographer: Michael Nagle/Bloomberg via Getty Images (Michael Nagle/Bloomberg via Getty Images/Getty Images)
Three of these companies jumped into the top 10 in 2024: JB Hunt, PepsiCo, and MetLife. According to the index, last year they were 21st, 19th and 16th, respectively.
The American Opportunity Index includes a total of 395 major American companies, 100 of which are designated as “Top Performers.”
According to the American Opportunity Index, employees at the top 100 companies ranked specifically for pay receive 130% more compensation than employees at the bottom 100 companies in that category. Ta.
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Meanwhile, workers at employers in the top 100 international promotion rankings were 130% more likely to be promoted than those in the bottom 100.
