The latest ranking of top workplaces has been unveiled, highlighting companies that excel in employee satisfaction. Over 1,700 organizations across 27 industries were evaluated, with only 200 making the prestigious list. This marks the third annual collaboration between Statista and The Straits Times to recognize outstanding employers.
Google secured the top spot for the second year in a row, reinforcing the tech sector’s strong presence. Meanwhile, the Economic Development Board made history as the first government agency to break into the top 10. The rankings reflect shifting priorities among workers, with workplace culture and career growth emerging as key factors.
The survey gathered feedback from over 14,000 employees, assessing aspects like job satisfaction and company reputation. Scores ranged from 6.91 to 8.82, with the highest performers setting the benchmark for excellence. For more details, explore the full list of recognized companies.
Key Takeaways
- 200 companies were honored out of 1,700+ evaluated.
- Google retained its #1 position for the second consecutive year.
- Employee priorities focused on workplace atmosphere and development opportunities.
- The Economic Development Board debuted in the top 10.
- Survey included responses from 14,000+ employees across industries.
Singapore Best Employers 2022: Statista Unveils Top Companies
This year’s ranking reveals which organizations stood out for creating exceptional work environments. The global data firm evaluated over 1,700 companies, narrowing the list to 200 based on rigorous criteria. Industries ranged from Healthcare Equipment to Travel & Leisure, reflecting diverse workplace standards.
Overview of the 2022 Ranking
To qualify, firms needed at least 200 staff members locally. The data firm Statista identified candidates through databases and research, ensuring no deserving company was overlooked. Notably, 70% of winners also appeared in 2021’s list, proving consistent excellence.
Employees rated their workplaces on factors like diversity and salary fairness. Scores spanned from 9.16 for top performers to 7.00 for the 200th-ranked employer. The Clothing/Sports sector led in compensation perception, while Biotech firms aced diversity metrics.
Eligibility Criteria for Employers
Participation required scale—only organizations with sizable local teams made the cut. The survey gathered 17,000+ responses via online access panels, capturing honest feedback. An open-response format allowed workers to nominate employers beyond the pre-researched list.
Among 27 industries, Banking and Education showed strong representation. Real Estate and Construction firms also earned spots, demonstrating that workplace excellence spans all sectors.
How the Best Employers List Was Compiled
Behind every great workplace ranking lies a meticulous evaluation process. The 2022 list relied on a dual-phase survey conducted from August to October 2021, gathering insights from employees and industry peers.
Survey Methodology and Participant Demographics
Over 17,000 participants shared feedback through anonymous online access panels and a public platform. Responses were demographically balanced to ensure a representative sample across age, gender, and job levels.
A five-point Likert scale measured satisfaction on 40 workplace aspects, from diversity to leadership. Previous years’ results were lightly weighted to track consistency.
Direct and Indirect Recommendation Criteria
Responses fell into two categories: direct recommendations (80% weight) and industry peer assessments (20%). Employees answered, “Would you recommend your employer?” while peers evaluated competitors’ reputations.
This hybrid approach captured both internal satisfaction and external perceptions. Over 200,000 recommendations were analyzed to finalize rankings.
Industry Breakdown and Scoring System
Scores combined direct/indirect feedback, scaled from 7.00 to 9.16. Top performers excelled in both categories—like Google, which maintained high marks for internal culture and industry standing.
Banking and Education sectors had strong showings, while Biotech led in diversity metrics. Real Estate and Construction firms also demonstrated workplace excellence.
Top Employers and Standout Performers
Innovative workplace initiatives propelled these organizations to the forefront of the rankings. With a 9.16/10 score threshold, the top 5 firms—Google, EDB, Lego, Apple, and Wise—set new standards for employee satisfaction and operational excellence.
Google Tops the List for the Second Year
Google’s repeat win underscored its commitment to potential development and flexibility. Its hybrid work policy mandates three office days weekly, paired with regional mentorship programs. During the pandemic, virtual leadership training kept staff engaged and growth-focused.
Government Agencies and Other Notable Rankings
The Economic Development Board (EDB) broke into the top 10 with groundbreaking initiatives. Wellness ambassadors and *”no internal meetings” weeks* boosted morale. Tanglin Trust School earned praise for fitness access and encouraging early leave for work-life balance.
Employee Satisfaction and Workplace Initiatives
Retail standout Lego Group (#3) and healthcare leaders like Raffles Medical Group prioritized diversity and fair salary structures. Cross-industry analysis revealed that career growth opportunities and a supportive work environment were the top drivers of high scores.
Comparing Statista’s List with LinkedIn’s Rankings
Different methodologies lead to distinct outcomes—Statista’s and LinkedIn’s employer rankings highlight contrasting priorities. While Statista’s survey focuses on direct employee feedback, LinkedIn evaluates companies through corporate metrics like advancement potential and gender diversity.
Methodological Differences Between Surveys
Statista’s approach weighed employee opinions heavily (80%), asking if they *would recommend* their workplace. LinkedIn, however, analyzed structural benefits like company stability and career development programs. This explains why DBS ranked #1 on LinkedIn but #33 in Statista’s list.
Mastercard, a LinkedIn top-3 finisher, didn’t appear in Statista’s top 200. Conversely, firms like Apple and P&G secured high spots on both lists, praised for balancing work environment quality with growth opportunities.
Key Takeaways from Both Lists
Banking dominated LinkedIn’s rankings, while tech companies excelled in Statista’s employee-driven scores. Google’s hybrid policies and P&G’s training programs were common strengths. Apple’s #4 Statista ranking versus #12 on LinkedIn suggests employees value culture more than external perceptions.
These disparities reveal a broader debate: Should rankings prioritize staff satisfaction or organizational benchmarks? For job seekers, the answer may lie in aligning personal priorities with each list’s focus.
Conclusion
Workplace excellence continues to evolve, with hybrid models and wellness programs leading the charge. The top 200 companies represent the top 12% of large firms, showing improved scores since 2021. For job seekers, cross-referencing rankings ensures alignment with personal priorities.
A supportive environment and career development now outweigh pure compensation. As hybrid policies become permanent, employers must adapt to retain talent. Future rankings will likely reflect post-pandemic recovery efforts.
Consistent performers like Google and EDB set benchmarks for balancing innovation and employee satisfaction. Their success proves that investing in work culture yields long-term rewards.