Once again, Qualcomm and FedEx have made the ranks of Fortune magazine’s “100 Best Companies to Work for in America.”
At No. 23, Qualcomm made the list for the eighth straight year. Based in California, the wireless company provided stock options to all new employees last year and paid for on-site Princeton Review prep classes for employees hoping to go on to graduate school, the magazine noted.
At No. 64, FedEx made the list for the ninth consecutive year. Based in Tennessee, the air and ground transport company has more than 212,000 employees in the United States, the most of any company on the list. FedEx is also one of the most diverse companies and ranked first in job growth based on number of new jobs, the magazine reported.
Fortune bases two-thirds of a company’s overall rating on anonymous responses to a 57-page survey sent to at least 400 randomly selected employees from each company. The rest of the score comes from an editorial evaluation of the company’s policies, culture, pay and benefits.
The No. 1 company on the 2006 list is Genentech, a cancer-fighting biotech company in San Francisco.