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- Job security is one of many factors that you might take into account while planning a career.
- Using data from PayScale and Fortune, we found 20 big US companies with growing workforces where the typical employee stays around for a while.
When planning a career, job security is one of the many factors that you might be considering. We took a look at which major companies are likely to offer that security.
To get a sense of where employees can expect a long career, we reviewed median job tenure data for Fortune 500 companies based on a study from PayScale. We combined that with estimates of how much total employment at those companies changed between 2015 and 2018, according to Fortune, reasoning that companies with growing workforces are more likely to offer better job security than companies that are expanding more slowly or that have a shrinking number of employees.
Both PayScale’s median tenure and Fortune’s employment change estimates were available for 176 companies among the top 200 companies on Fortune’s 2018 list. We ranked those companies from first to 176th on both measures and then averaged the resulting rankings together to get an overall sense of job security at those companies.
Here are the 20 best companies for job security based on that measure:
19 (tie). AT&T was the biggest telecom company by revenues in 2018.
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Median employee tenure: 7.1 years
Percent change in employment between 2015 and 2018: 4%
Source: Fortune
19 (tie). Costco runs 762 warehouse-style stores worldwide.
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Median employee tenure: 4.8 years
Percent change in employment between 2015 and 2018: 19%
Source: Costco company filings
18. AECOM is a massive engineering and infrastructure firm with building projects around the world
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Median employee tenure: 3.9 years
Percent change in employment between 2015 and 2018: 101%
Source: AECOM
See the rest of the story at Business Insider
See Also:
- The 25 best MBA programs in the world for careers in tech
- 26 signs you’re a great boss — even if it doesn’t feel like it
- The 30 highest-paying jobs in California
Source: Business Insider – akiersz@businessinsider.com (Andy Kiersz)