Google Top Company for Pay and Benefits

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By Douglas A. McIntyre Published
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Google Inc. (NASDAQ: GOOG) topped all companies in terms of best pay and benefits in a new survey by online jobs site Glassdoor. It adds to Google’s prime spot on a long list of “best places to work,” “highest paid jobs” and all round best company in the world.

According to Glassdoor’s Top 25 Companies for Compensation & Benefits (2014):

Google takes the #1 spot with a 4.4 compensation & benefits rating. Costco (4.4), the only retailer on the list, comes in at #2 followed by Facebook (4.3). Rounding out the top five are Adobe (4.2) and Epic Systems (4.2).

And the ratings system:

As part of Glassdoor’s company review survey, employees are asked to rate the compensation & benefits at their companies on a 5-point scale: 1.0=very dissatisfied, 3.0=OK, 5.0=very satisfied.

The list was thick with tech and biotech companies, including Salesforce.com Inc. (NASDAQ: CRM), Intuit Inc. (NASDAQ: INTU), Qualcomm Inc. (NASDAQ: QCOM), Microsoft Corp. (NASDAQ: MSFT), VMWare Inc. (NYSE: VMW) and Amgen Inc. (NASDAQ: AMGN). The list included two telecom companies: Verizon Communications Inc. (NYSE: VZ) and T-Mobile US Inc. (NYSE: TMUS).

The reason the tech and biotech companies are so well represented is likely because they have large engineering staffs, which tend to command high pay.

Glassdoor’s research also showed that most companies do not rate anywhere close to their top 25:

A recent Glassdoor survey found that 2 in 5 (39%) employees do not believe they receive fair pay.

Since Glassdoor’s employee evaluations include tens of thousands of companies, that conclusion should come as no surprise.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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