Octopus Energy has claimed the top spot as the best company to work for in the UK, with Bain & Company securing second place. Other high-ranking companies include Mastercard, Salesforce, and Workday.
The research, conducted by employee development platform Zensai, analyzed company review data from Glassdoor.com for companies with more than 100 reviews in the UK. Eight factors were considered to create an index score for each of the 206 companies studied. These factors were weighted and used to generate a final ranking based on the index score out of 100.
Octopus Energy, founded in 2015 and led by CEO Greg Jackson, scored an impressive 87.16 out of 100. The company’s 722 reviews in the UK reflect positive feedback, with ratings of 4.56 for culture and values, 4.55 for diversity and inclusion, and 4.27 for senior management. Employees gave an average career opportunities rating of 4.22, and 86% of reviewers said they would recommend the company to a friend.
The company scored an average culture and values rating of 4.56 and an average diversity and inclusion rating of 4.55. The average senior management rating scored well, at 4.27, and the average career opportunities rating scored 4.22. Employees on Gassdoor.com demonstrated how happy they are to work for the company, with 86% saying they would recommend it to a friend.
In second place is Bain & Company, with an index score of 85.92 out of 100. The management consulting firm is clearly well-liked by its employees. 92% would recommend the company to a friend. However, the average work-life balance rating only scored 3.40, the lowest on this top ten listing.
Ranking third is Mastercard, with an index score of 82.00 out of 100. The company’s best ratings were for diversity and inclusion, which scored an average of 4.40 and work-life balance, with an average rating of 4.31. The lowest rating for the company was for senior management, with an average rating of 3.96.
Salesforce is in fourth place, with an index score of 81.93 out of 100. The company’s top rating came in compensation and benefits, with an average rating of 4.41. However, the software company’s CEO, Marc Beinoff, may want to check on the firm’s lowest average rating, senior management, with a score of 3.87.
Following closely in fifth is Workday, which has an index score of 81.82 out of 100. The software company achieved high scores in diversity and inclusion and culture and values, with average ratings of 4.50 and 4.45 respectively. The lowest average rating for the firm was in career opportunities, with an average score of 3.96.
Arm is in sixth place with an index score of 80.89 out of 100. Employees scored the company highly in diversity and inclusion, and culture and values, which had average ratings of 4.39 and 4.29 respectively.
In seventh place is Google, with an index score of 80.30 out of 100. Google employees scored the company highest in compensation and benefits, with an average rating of 4.39 and lowest in senior management, with an average rating of 3.82.
Coming in eighth is ServiceNow, which has an average index score of 79.94 out of 100. 81% of employees at the software company would recommend the firm to friends, the lowest in the top ten but still a high percentage.
The penultimate entry on this list is SAP, with an index score of 79.73 out of 100. Employees at the software and technology firm are clearly happy with their pay packet, giving the company an average compensation and benefits rating of 4.40, the highest in this top ten list.
Finally, rounding off the top ten list of the best companies to work for in the UK is Redbull, with an index score of 78.99 out of 100. Redbull employees are clearly comfortable shouting the company’s praises, with 91% recommending the company to a friend, the highest in the top ten.
Commenting on the findings, Rasmus Holst, Chief Executive Officer of Zensai said,
“It’s inspiring to see organisations like Octopus Energy and Bain & Company leading the way in fostering positive work environments. It is also interesting to see so many tech and software companies show up in this top ten listing of the best places to work in the UK.
“While salary is important, employees clearly also prioritise their well-being, as well as company culture and values when choosing where to work. Recognising and supporting what matters most to employees not only benefits the workforce but also contributes to the overall success of the company. We hope study helps inspires more organisations to prioritise their employees and continue making the UK a great place to work.”
