Great Place to Work® has unveiled the names of the 150 best companies to work for in Europe in 2021; five Luxembourg companies are included in this year's ranking.
Great Place to Work®, the global benchmark for corporate culture, surveyed employees at 3,000 companies in 36 European countries on the key factors that create great places to work for all to determine its "Best Workplaces Europe™ 2021" ranking.
To be named the best in Europe, companies must first be at the top of their national Great Place to Work lists. This recognition is based on confidential survey data assessing employee experiences with trust, innovation, corporate values and leadership.
Companies included in this ranking achieved, on average, an overall score that was 8% higher than other non-awarded organisations. According to Great Place to Work®, the main difference between those included in Europe's top 150 and those who were not was that 82% of employees of the award-winning companies said they were willing to put in more effort than required to get the job done. This is compared to 67% of employees of companies not included in the ranking.
On average, 85% of employees at companies on the list reported "feeling good" at work, as defined by factors such as feeling taken care of, listened to, and working in a psychologically and emotionally healthy work environment. These employees were also 4.4 times more likely to want to work there for a long time, 3.7 times more likely to say that work-life balance was encouraged and 2.8 times more likely to say that the company management's actions matched their words.
Among the 150 organisations awarded in Europe this year, five Luxembourg companies received recognition for their efforts:
- REAZN ranked 13th in the "Small Company" category. Based in Strassen, REAZN is the interface for all products and services offered by REAZN Group, which specialises in the production of zinc alloys through recycling. The company employs 25 people in Luxembourg, all of whom considered REAZN a great place to work. After receiving two national labels, the company made it to the European awards for the first time.
- GSK Stockmann ranked 24th in the "Small Company" category. This independent Luxembourg-based business law firm currently has 40 employees, 94% of whom said the company was a great place to work. In 2021, GSK Stockmann reached both the Luxembourg and European awards for the first time.
- CTG IT Solutions ranked 16th in the "Medium Company" category. With 165 employees in Luxembourg, CTG IT Solutions is the CTG group company exclusively dedicated to European institutions. 94% of employees considered the company to be a great place to work. This year, CTG IT Solutions made it to both the Luxembourg and European awards for the first time.
- System Solutions Luxembourg ranked 25th in the "Medium Company" category. Since 1996, System Solutions has been on a mission to help organisations of all sizes develop and operate solid infrastructures that allow them to manage and grow their business. 98% of its 56 employees considered System Solutions a great place to work. The company won the Luxembourg awards this year for the fourth time and reached the European awards for the very first time.
- The Adecco Group ranked 9th in the "Multinational" category. The Adecco Group is a global leader in human resource (HR) solutions. 76% of employees considered the company to be a great place to work. With 105 employees in Luxembourg, The Adecco Group has been labelled eight times nationally and once again received the Europe label in the multinational category.
The complete list of Best Workplaces™ Europe 2021 is available at bestworkplaces.economist.com/.