LinkedIn has released its annual list of top companies in Singapore to work for — and banking and information technology companies dominated the 2023 list.
The list of top companies also saw a huge reshuffle this year, which is a testament to “Singapore’s strong business ecosystem,” according to the professional networking platform.
Compared to 2022, there are 10 new companies that made this year’s top 15 — including Mastercard, Procter & Gamble, Citi, and tech giants Amazon and Apple.
The banking and finance sector in particular, saw 4 companies in the top 5 on the “LinkedIn Top Companies 2023″ for Singapore.
“The finance industry in Singapore has always been a key pillar in the country’s economy, and companies like DBS, Standard Chartered Bank, and Citi are big employers,” said Pooja Chhabria, LinkedIn Career Expert and Head of Editorial for APAC.
“Singapore is also positioning itself as a fintech hub in the world … which means there continues to be long-term growth and job opportunities for professionals in areas from sustainable finance to data analysis.”
Amazon and Alphabet both made the list, despite making headlines this year with mass global layoffs. However, Alphabet — the parent company of Google — dropped 6 places from last year’s list.
Chhabria told CNBC Make It that attrition and layoffs were considered when compiling the list.
“To ensure we’re only featuring companies that offer a stable workplace where employees can grow long-term, companies that have laid off 10% or more of their workforce during our methodology time period … are ineligible to rank,” she added.
LinkedIn said it drew on in-house data collected between Jan. 1 and Dec. 31, 2022, measuring companies based on eight factors that lead to career progression:
- Ability to advance
- Skills growth
- Company stability
- External opportunity
- Company affinity
- Gender diversity
- Educational background
- Employee presence in the country
To be eligible, companies must also have had at least 500…
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