Business

Ranked: Top Companies for Employee Retention (U.S. and UK)

Published

2 weeks ago

November 16, 2023

NeoMam Studios

Featured Creator

Article/Editing:

Bruno Venditti

Top Companies for Employee Retention in the U.S. and UK

Workers weigh various factors when deciding to stay with a company for an extended period. These include a positive work environment, fair compensation, job security, opportunities for professional growth, and resilience against disruptive changes in the economy or technology.

So, which companies excel in employee retention?

For the graphics in this post, Resume.io analyzed LinkedIn data to identify large companies where employees have the longest tenures in both the U.S. and the UK.

Benefits like Scholarships and Fertility Treatments

Resume.io ranked the top 100 companies by market cap in the U.S. and UK based on their average employee tenure through an analysis of their LinkedIn pages.

The large energy company ConocoPhillips leads in employee retention in the United States.

Rank	Company	Median Tenure (years)
1	ConocoPhillips	10.6
2	Chevron	9.3
3	Union Pacific	9.3
4	Altria	9.3
5	Southern Company	8.8
6	Duke Energy	8.6
7	Texas Instruments	8.4
8	Verizon	8.3
9	Lockheed Martin	7.9
10	Broadcom	7.4
11	Comcast	7.4
12	Boeing	7.3
13	Caterpillar	7.2
14	Lilly	7.1
15	ExxonMobil	7.0
16	IBM	6.9
17	UnitedHealth Group	6.8
18	Progressive	6.7
19	Wells Fargo	6.6
19	Honeywell	6.6

The company attracts young talent through university scholarships and offers military veterans transitioning into the civilian workforce ‘challenging and rewarding projects around the world.’

Altria Group (formerly Philip Morris Companies, Inc.) is the sole consumer goods company in the top 20. The tobacco, alcohol, and cannabis company, known for brands like Marlboro, holds significant stakes in Belgian brewery AB InBev and global cannabinoid company Cronos Group.

Actively moving away from smoked tobacco products, Altria provides an extensive benefits package to employees, including a profit-sharing plan, financial support for employees pursuing surrogacy or fertility treatments, and on-site amenities such as cafeterias, fitness centers, medical centers, and hair salons.

The top 10 is also notably dominated by energy and engineering companies.

83-Year-Old UK Company Retains Long-Term Employees

With an average tenure of 10.2 years, distribution giant Bunzl keeps its employees longer than any other major UK business.

The family company can trace its business roots back to a retailer that sold clothing back in the 1850s in Slovakia.

The company offers its employees a big package of benefits, including reduced-price stock and tuition assistance of up to $11,000 per year for a graduate degree.

Top Companies for Employee Retention in the U.S. and UK

Bunzl is followed by one of the largest offshore drilling contractors in the world, Noble.

Improving Mental, Physical, and Financial Well-Being

The challenge of retaining good employees has become a top priority for many organizations. A good package of benefits or a clear path to career development can make a difference.

A recent survey by the Pew Research Center revealed that only half of American workers are highly satisfied with their overall employment situation.

According to another survey by Deloitte and Workplace Intelligence, 84% of respondents say that improving their mental, physical, and financial health is a top priority this year.

This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.

Related Topics:jobs employee retention resume ConocoPhillips Altria Bunzl benefits Resume.io

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Markets

Ranked: The Biggest Retailers in the U.S. by Revenue

From Best Buy to Costco: we list out the biggest retailers in the U.S., and how much they earned from their stores in 2022.

Published

1 week ago

November 23, 2023

Marcus Lu

A bar chart showing total sales of the biggest retailers in the U.S., both in America and the rest of the world.

The Biggest Retailers in the U.S. by Revenue

America is the home of retail. The sector is worth more than $7 trillion, nearly one-fourth of the entire global retail industry, and well ahead of its closest rivals, China and India.

But who are its biggest players?

We visualize the biggest American retailers using data from the National Retail Federation (NRF) and Business of Apps.

Ranked: America’s Biggest Retailers

Not only is Walmart the biggest retail store in America, with close to $500 billion in sales, it’s also the biggest retailer in the world, with the company’s global sales crossing $600 billion.

Established in 1962 in Rogers, Arkansas, the publicly-traded, family-owned business is also the largest single corporate employer in the world, with more than 2 million employees—beating out several state companies like the Indian Railways and the NHS.

Here’s a list of America’s biggest retailers, ranked by their U.S. sales.

Rank	Company	U.S. Sales (USD Billions)	RoW Sales (USD Billions)	Total Sales (USD Billions)
1	Walmart	$499	$102	$601
2	Amazon.com	$233	$110	$343
3	Costco Wholesale	$163	$54	$218
4	Kroger	$148	$0	$148
5	The Home Depot	$146	$9	$155
6	Target	$108	$0	$108
7	CVS Health Corporation	$107	$0	$107
8	Walgreens Boots Alliance	$103	$13	$116
9	Lowe's Companies	$89	$5	$94
10	Albertsons Companies	$76	$0	$76
11	Apple*	$71	$10	$80
12	Royal Ahold Delhaize	$57	$35	$92
13	Publix Super Markets	$55	$0	$55
14	Best Buy	$43	$3	$46
15	Aldi	$40	$84	$124

*Apple Stores/iTunes revenue.

Amazon’s market cap might dwarf other retailers but its domestic retail sales are less than half of Walmart’s at $233 billion, putting the company solidly in second place.

Coming in third, Costco brought in $163 billion in revenue in 2022 from their 591 stores in the country. Their hot dog and soda combo is a famous example of how what started as a loss leader strategy, is now a brand icon.

How Do American Retailers Do Internationally?

Kroger, which also owns various supermarket chains like Fred Meyer, Food 4 Less, and Fry’s, is in fourth place, with $148 billion in sales. It’s the biggest American retailer with no foreign presence whatsoever.

The below table shows the revenue share between domestic and foreign sources for America’s biggest retailers.

Rank	Company	U.S. Sales (%)	RoW Sales (%)
1	Walmart	83%	17%
2	Amazon.com	68%	32%
3	Costco Wholesale	75%	25%
4	Kroger	100%	0%
5	The Home Depot	94%	6%
6	Target	100%	0%
7	CVS Health Corporation	100%	0%
8	Walgreens Boots Alliance	89%	11%
9	Lowe's Companies	95%	5%
10	Albertsons Companies	100%	0%
11	Apple	88%	12%
12	Royal Ahold Delhaize	62%	38%
13	Publix Super Markets	100%	0%
14	Best Buy	93%	7%
15	Aldi	32%	68%

Note: Retailers ranked by their U.S. sales.

Ranked 12th and 15th respectively, Royal Ahold Delhaize (Netherlands) and Aldi (Germany) are the only two companies on the list that are not headquartered in America.

Despite this, Royal Ahold Delhaize earns a greater share of their revenue from their U.S. sales (62%) versus the rest of the world (38%) and operates more than 2,000 stores across 23 states in the country.

Apple: Tech Giant and Retailer

Tech giant Apple stands out amidst the many big-box-stores and supermarkets on this list.

At 11th, Apple Retail made $71 billion in 2022, and nearly one-in-four iPhones in the U.S. that year were sold at an Apple store.

In fact, Apple Retail was started in 2001 after the company’s “store-within-a-store” strategy failed—a strategy that Microsoft and Google still employ.

And every time a new Apple product launches, the lineups outside their 272 stores do quite a bit of marketing for the company.

Where Does This Data Come From?

Source: The National Retail Federation (NRF) and Business of Apps.

Note: Company revenues from non-retailing operating segments are removed unless otherwise noted; system-wide sales are provided when the operation is a franchise. Rankings eliminate fuel sales at locations designated as having a gasoline/fueling station as its primary business. Please see NRF’s methodology for further details.