7 consultancies in Fortune 100 best companies list
Google, The Boston Consulting Group and Acuity are according to Fortune the best companies to work for. BCG is for the third year running the highest ranked consulting firm, with in total six other consultancies named in the prestigious list.
Every year business magazine Fortune releases the ‘Fortune 100 Best Companies to Work For’, a list which identifies the globe’s best employers. The ranking, conducted in cooperation with Great Place to Work, is based on key factors: an employee survey and a culture audit. The survey asks employees questions related to the quality of leadership, overall job satisfaction, and camaraderie. The Culture Audit reviews organisational performance, and includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, methods of internal communication, training, recognition programs, and diversity efforts. The ranking is based on an aggregation of scores, with survey results representing two-thirds of a company’s score and the audit accounting for the other third.
For the third year in a row, online giant Google leads the pack, followed by consulting firm The Boston Consulting Group. For BCG, the #2 spot represents a further climb in the rankings; in 2013 the consultancy was ranked #4 and last year it found itself in third spot. With the performance, BCG remains by a wide margin the highest ranked management consultancy, and overall can call itself one of the best performing firms in the Fortune 100, being one of only two companies that has made the top dozen every year for the past decade.
BCG’s performance is according to the jury based on high emphasis on investment in its people, high-impact client work, a collaborative culture, career flexibility and mobility, extensive training, progressive benefits, and a commitment to social-impact work. “Hard work and long hours mark the workplace...but significant compensation and the satisfaction of making an impact provide considerable fulfillment. People are proud of BCG’s over half-century of specialised consulting on business strategy”, comments the jury. BCG was also praised for its ‘Social Impact Leave of Absence’ programme, which provides consultants the opportunity to take a 3 to 12 month leave to contribute to a social initiative.
Top 100: Six other consultancies
The top 100 contains a mix of global multinationals, such as Twitter (#24) and Goldman Sachs (#50), and firms that tend to be less well known outside North America, but can build on a great reputation in the US and Canada. The top 100 includes in addition to BCG six other consultancies: the Big Four accounting and consulting giants, Accenture and Protiviti.
The Big Four have for several years consistently made the Fortune 100, shifts in positions can however be noted. In this years’ edition KPMG (#63) can name itself the Big Four frontrunner, displacing Deloitte. PwC finds itself second (#74), with EY and Deloitte on 79th and 97th spot respectively. Global management consulting and IT firm Accenture is on position #98, with Protiviti – a new joiner to the Fortune 100, concluding the top 100.
