A biotech firm grabs the top spot for the second year in a row
By Melissa Stanger and Melia Robinson
When faced with the decision of choosing between a job you love and a job that pays well, remember this: You can have your cake and eat it too.
The second annual list of the best employers in America by PayScale and Business Insider evaluates companies by both pay and happiness.
For the second year, New Jersey biotechnology company Celgene Corporation topped the list as the Best Employer in America. In fact, many of the best companies are in the health-care industry.
The tech industry was booming last year, with typical top companies such as Google and Yahoo taking the second and eighth spots, respectively. This year, however, tech companies took a noticeable tumble - Google dropped to No. 8 this year, Yahoo fell to No. 17, and Microsoft, which ranked No. 14 last year, fell off the map.
In creating this list, companies in the Fortune 500 were ranked using PayScale's salary and survey database. Final scores were determined by multiplying six criteria factors: high job satisfaction, low job stress, high work-schedule flexibility, high job meaning, experienced median pay, and salary delta (that is, how the median pay compares to other companies in the same industry). Since we think that pay is one of the most important factors, we double-weighted pay in our calculations.
When faced with the decision of choosing between a job you love and a job that pays well, remember this: You can have your cake and eat it too.
The second annual list of the best employers in America by PayScale and Business Insider evaluates companies by both pay and happiness.
For the second year, New Jersey biotechnology company Celgene Corporation topped the list as the Best Employer in America. In fact, many of the best companies are in the health-care industry.
The tech industry was booming last year, with typical top companies such as Google and Yahoo taking the second and eighth spots, respectively. This year, however, tech companies took a noticeable tumble - Google dropped to No. 8 this year, Yahoo fell to No. 17, and Microsoft, which ranked No. 14 last year, fell off the map.
In creating this list, companies in the Fortune 500 were ranked using PayScale's salary and survey database. Final scores were determined by multiplying six criteria factors: high job satisfaction, low job stress, high work-schedule flexibility, high job meaning, experienced median pay, and salary delta (that is, how the median pay compares to other companies in the same industry). Since we think that pay is one of the most important factors, we double-weighted pay in our calculations.
50. Pacific Life
Employees report high rates of work schedule flexibility (87%) and job satisfaction (60%).
Median pay is $91,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the insurance industry
49. Exxon Mobil Corporation
Employees report high rates of job satisfaction (77%) and work-schedule flexibility (73%).
Median pay is $104,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
48. Medtronic Inc.
Employees report high rates of job meaning (91%) and work-schedule flexibility (81%).
Median pay is $88,500 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the medical equipment industry
47. ConocoPhillips Company
Employees report high rates of work-schedule flexibility (67%) and job meaning (57%).
Median pay is $103,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
46. eBay Inc.
Employees report high rates of work-schedule flexibility (86%) and job satisfaction (69%).
Median pay is $114,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in e-commerce
45. Autoliv Inc.
Employees report high rates of job meaning (84%) and low stress (11%).
Median pay is $79,500 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the automotive industry
44. Fannie Mae Corporation
Employees report high rates of work-schedule flexibility (83%) and job satisfaction (65%).
Median pay is $106,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in financial services
43. Pfizer Inc.
Employees report high rates of work-schedule flexibility (85%) and job satisfaction (71%).
Median pay is $99,100 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the pharmaceutical industry
42. Dow Chemical Company
Employees report high rates of work schedule flexibility (81%) and job satisfaction (79%).
Median pay is $96,400 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the chemical industry
41. The Mosaic Company
Employees report high rates of job satisfaction (82%) and low stress (11%).
Median pay is $72,100 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in agriculture
40. Allergan Inc.
Headquartered in Irvine, Calif., this pharmaceutical company has over 10,500 employees.
Employees report high rates of work-schedule flexibility (83%) and low stress (10%).
Median pay is $93,400 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the pharmaceutical industry
39. NextEra Energy Inc.
Employees report high rates of job satisfaction (71%) and low stress (15%).
Median pay is $90,800 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
38. Campbell Soup Company
Employees report high rates of work-schedule flexibility (79%) and job satisfaction (76%).
Median pay is $77,400 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in food-processing
37. Johnson & Johnson
Employees report high rates of work-schedule flexibility (83%) and job meaning (76%).
Median pay is $102,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the pharmaceutical industry
36. Abbott Laboratories
Employees report high rates of work-schedule flexibility (82%) and job meaning (79%).
Median pay is $90,400 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the pharmaceutical industry
35. NiSource Inc.
Employees report high rates of work-schedule flexibility (79%) and job meaning and satisfaction (72%).
Median pay is $80,700 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
34. AGCO Corporation
Employees report high rates of job satisfaction (82%) and low stress (12%).
Median pay is $80,700 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in agriculture
33. FirstEnergy
Employees report high rates of job satisfaction (83%) and work-schedule flexibility (69%).
Median pay is $82,500 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
32. Symantec Corporation
Employees report high rates of work-schedule flexibility (92%) and job satisfaction (71%).
Median pay is $102,000 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the software industry
31. St. Jude Medical Inc.
Employees report high rates of job meaning (83%) and job satisfaction (75%).
Median pay is $84,300 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the medical equipment industry
30. Xcel Energy Inc.
Employees report high rates of work-schedule flexibility (85%) and job satisfaction (79%).
Median pay is $80,600 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
29. Chevron Corporation
Employees report high rates of job satisfaction (81%) and work-schedule flexibility (75%).
Median pay is $113,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
28. Texas Instruments Inc.
Employees report high rates of work-schedule flexibility (85%) and job satisfaction (75%).
Median pay is $105,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the semiconductor industry
27. NRG Energy Inc.
Employees report high rates of work-schedule flexibility (78%) and job satisfaction (76%).
Median pay is $91,700 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
26. Constellation Energy Group Inc.
Employees report high rates of work-schedule flexibility (92%) and low stress (11%).
Median pay is $88,800 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
25. Baxter International Inc.
Employees report high rates of job satisfaction (79%) and low stress (14%).
Median pay is $86,200 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the medical equipment industry
24. Occidental Petroleum Corporation
Employees report high rates of job satisfaction (83%) and work-schedule flexibility (69%).
Median pay is $106,00 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
23. Dominion Resources Inc.
Employees report high rates of work-schedule flexibility (88%) and job satisfaction (80%).
Median pay is $81,400 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
22. FMC Technologies Inc.
Employees report high rates of work-schedule flexibility (81%) and job satisfaction (77%).
Median pay is $90,400 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
21. Broadcom Corporation
Employees report high rates of work-schedule flexibility (86%) and job satisfaction (68%).
Median pay is $125,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the telecommunications industry
20. Amgen Corporation
Employees report high rates of job meaning (82%) and work-schedule flexibility (77%).
Median pay is $107,000 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in biotechnology
19. BlackRock Inc.
Employees report high rates of work-schedule flexibility (82%) and job satisfaction (81%).
Median pay is $115,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in financial services
18. Hershey Foods Corporation
Employees report high rates of job satisfaction (86%) and work-schedule flexibility (86%).
Median pay is $74,500 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in food-processing
17. Yahoo Inc.
Employees report high rates of work-schedule flexibility (90%) and job satisfaction (72%).
Median pay is $125,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job at an internet company
16. NetApp
Employees report high rates of work-schedule flexibility (94%) and job satisfaction (79%).
Median pay is $118,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in data-management
15. Bristol-Myers Squibb Company
Employees report high rates of work-schedule flexibility (84%) and job satisfaction (78%).
Median pay is $106,000 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the pharmaceutical industry
14. MasterCard Worldwide
Employees report high rates of work-schedule flexibility (84%) and job satisfaction (82%).
Median pay is $109,000 after five years and high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in financial services
13. Qualcomm Inc.
Employees report high rates of work-schedule flexibility (93%) and job satisfaction (80%).
Median pay is $113,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the semiconductor industry
12. Williams Companies Inc.
Employees report high rates of job satisfaction (82%) and work-schedule flexibility (81%).
Median pay is $79,400 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
11. Marathon Petroleum Company LLC
Employees report high rates of job satisfaction (93%) and job meaning (74%).
Median pay is $94,100 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
10. Gilead Sciences Inc.
Employees report high rates of job meaning (90%) and job satisfaction (78%).
Median pay is $105,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in biotechnology
9. PG&E Corporation
Employees report high rates of job satisfaction (87%) and work-schedule flexibility(68%).
Median pay is $108,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
8. Google Inc.
Employees report high rates of work-schedule flexibility (83%) and job satisfaction (81%).
Median pay is $127,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job at an internet company
7. Huntsman Corporation
Employees report high rates of work-schedule flexibility (87%) and job satisfaction (74%).
Median pay is $99,400 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the chemical industry
6. PPL Corporation
Employees report high rates of work-schedule flexibility (86%) and job meaning (80%).
Median pay is $84,800 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
5. Anadarko Petroleum Corp.
Employees report high rates of job satisfaction (83%) and work-schedule flexibility (82%).
Median pay is $88,800 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the energy industry
4. Colgate-Palmolive Company
Employees report high rates of job satisfaction (86%) and work-schedule flexibility (79%).
Median pay is $101,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the consumer products industry
3. Celanese Corporation
Employees report high rates of work-schedule flexibility (86%) and job satisfaction (74%).
Median pay is $103,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in the chemical industry
2. Biogen Idec
Employees report high rates of job meaning (87%) and work-schedule flexibility (87%).
Median pay is $96,100 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in biotechnology
1. Celgene Corporation
Employees report high rates of work-schedule flexibility (97%) and job meaning (93%).
Median pay is $116,000 after five years and very high compared to industry peers.
This ranking of Fortune 500 companies was created by Business Insider using data gathered and crunched by PayScale. Read the full methodology here. Find out how your salary stacks up on PayScale.
> Find a job in biotechnology