March 2, 2021

Fifty-Nine Percent of 2020 100 Best Companies to Work For Have Employee Ownership

NCEO founder and senior staff member

Forty-six of the 78 companies that have stock on the recently released Fortune 100 Best Companies to Work For list for 2020 have some form of broad-based employee ownership plan, the highest percentage yet. Twenty-two of the companies on the list are law or accounting firms, nonprofits, or a consumer cooperative and have no stock for employees to own. This is the highest percentage yet on the list of such firms with no stock, but normally about half the companies on the list do have employee ownership plans.

Of the remaining companies, twenty-two have employee stock purchase plans (ESPPs) only, ten have a combination of ESPPs and equity grants, four have non-ESPP equity purchase plans, and four have broad-based equity grants but no equity plan. Six companies have ESOPs, and four of these are majority employee-owned (Publix, Burns & McDonnell, West Monroe Partners, and W.L. Gore & Associates).

A table with the employee ownership companies only is below. For the complete list and details on each company, see the Fortune or Great Place to Work sites.

Company

Plan

Rank

Hilton

ESPP

1

Ultimate Software

ESPP, equity awards

2

Cisco

ESPP, equity awards

4

Workday

ESPP, equity awards

5

Salesforce

ESPP, equity awards

6

Edward Jones

ESPP

7

Stryker

ESPP

8

Intuit

ESPP, equity awards

11

Baird

stock purchase

13

Pinnacle Financial

Equity awards

14

CarMax

ESPP

18

Camden Property Trust

ESPP

20

David Weekly Homes

ESOP

23

Capital One

ESPP

24

NVIDIA

ESPP

27

Hyatt Hotels

ESPP

28

Rocket Companies

ESPP

29

HubSpot

ESPP

30

Slalom LLC

Non-ESPP stock purchase

31

Adobe Systems

ESPP/equity awards

36

Publix*

ESOP, stock purchase

39

Accenture

ESPP, equity awards

41

T-Mobile

ESPP

42

Synchrony Financial

ESPP, equity awards

44

West Monroe Partners*

ESOP

46

Red Hat

ESPP

48

Pluralsight

ESPP

51

Workiva

ESPP

58

SAP America

Non-ESPP stock purchase

59

DropBox

Equity Awards

63

Burns & McDonnell*

ESOP

65

Regeneron

Equity awards

67

Bain and Company

ESPP

69

Hilcorp

Buy in to company projects

70

Box

ESPP

71

FirstAmerican Financial

ESPP, equity awards

76

Sheetz

ESOP

80

Cadence

ESPP

82

W.L. Gore

ESOP

83

Nutanix

ESPP

84

Atlassian

Equity awards

85

AbbVie

ESPP

87

Encompass Home Health

ESPP

88

Experian

ESPP

90

Goldman Sachs

ESPP, equity awards

94

Delta Airlines

ESPP

99