In a significant nod to the vibrant business ecosystem of Massachusetts, Forbes has recognized 18 companies from the state among America’s best large employers for 2024. This prestigious acknowledgment not only celebrates the diversity and innovation that these companies bring to the American economy but also their commitment to creating positive and supportive workplace environments.
Let’s delve into each of these esteemed companies, exploring what makes them stand out in their respective industries and among the vast corporate landscape of the United States.
Fidelity Investments: A Beacon of Financial Excellence
Fidelity Investments, with its impressive roster of 61,000 employees, stands as a testament to the strength and reliability of Massachusetts’ financial sector. This firm is not just a giant in terms of its workforce but also in its contribution to the financial services industry, offering a wide range of investment products and financial advice.
The company’s dedication to innovation, client service, and workplace culture has earned it a distinguished spot on Forbes’ list, reinforcing its status as a leader in the financial world.
Boston Medical Center: Pioneering Medical Care and Community Health
The Boston Medical Center, with 5,123 dedicated professionals, is at the forefront of providing exceptional healthcare services. This institution is not only a key player in Massachusetts’ medical landscape but also a beacon of hope for thousands of patients it serves annually.
The center’s commitment to combining high-quality medical care with groundbreaking research and education places it among the elite large employers in the nation, reflecting its crucial role in advancing healthcare and community well-being.
Takeda Pharmaceutical: Innovating for a Healthier World
With a global workforce of 49,905 employees, Takeda Pharmaceutical is a leading name in the pharmaceutical industry, renowned for its commitment to patient-centric innovation and drug development.
The company’s presence in Massachusetts underscores the state’s pivotal role in the biotech and pharmaceutical sectors, fostering an environment where cutting-edge research and development thrive. Takeda’s inclusion in Forbes’ list highlights its global impact and local significance as a top employer and innovator.
Dana-Farber Cancer Institute: Advancing Cancer Research and Treatment
Dana-Farber Cancer Institute, employing 6,725 individuals, is a world-class center for cancer research and treatment. Its dedication to eradicating cancer through groundbreaking research, innovative treatments, and compassionate care for patients and families has solidified its position among the best large employers in America.
The institute’s work not only contributes significantly to the global fight against cancer but also exemplifies the rich ecosystem of medical research and healthcare excellence found in Massachusetts.
Schneider Electric: Leading the Charge in Energy Management and Automation
Schneider Electric boasts a global workforce of 135,000 employees, with its innovative solutions in energy management and automation marking it as a leader in the green technology sector. The company’s efforts to make energy safe, reliable, efficient, and sustainable reflect its commitment to addressing some of the most pressing challenges of our time.
Schneider Electric’s recognition by Forbes underscores the importance of sustainable practices in business and the role of large employers in driving environmental stewardship.
Boston Children’s Hospital: Setting New Standards in Pediatric Care
Boston Children’s Hospital, with its team of 16,000 employees, is globally recognized for its outstanding pediatric care, research, and education. This institution’s unwavering commitment to improving the health and well-being of children around the world exemplifies the profound impact that dedicated healthcare providers can have.
Being ranked among America’s best large employers is a tribute to the hospital’s mission to advance pediatric healthcare and its significant contributions to the medical field.
Sun Life Financial: A Pillar of Financial Stability and Growth
Sun Life Financial, employing 2,700 individuals, is a prime example of the robust financial services sector in Massachusetts. The company’s focus on insurance and wealth accumulation products highlights its role in providing financial security and peace of mind to millions. Sun Life Financial’s inclusion in the Forbes list reflects its commitment to employee satisfaction and organizational excellence, underscoring the vital role of financial services in the state’s economy.
Thermo Fisher Scientific: Driving Scientific Discovery and Innovation
Thermo Fisher Scientific, with a massive workforce of 130,000 employees, is a powerhouse in the realm of scientific research, diagnostics, and laboratory equipment.
The company’s dedication to enabling its customers to make the world healthier, cleaner, and safer is a testament to its leadership in the science and technology sector. Its rank among the best large employers celebrates Thermo Fisher’s impact on science and its commitment to fostering a dynamic and innovative workplace.
LPL Financial Holdings: Shaping the Future of Financial Advice
LPL Financial Holdings, with 6,900 employees, is at the forefront of the financial advisory sector, providing support and technology to independent financial advisors across the country. This company’s innovative platform and services empower advisors to best serve their clients, making it a key player in the financial services industry.
LPL Financial’s recognition by Forbes highlights the importance of technology and innovation in shaping the future of financial advice.
Boston Scientific: Innovating for a Healthier World
Boston Scientific, employing 19,800 individuals, is a leader in medical device innovation, dedicated to transforming lives through innovative medical solutions that improve the health of patients around the world.
The company’s commitment to research, development, and sustainability initiatives places it among the elite employers in the healthcare sector, reflecting Massachusetts’ leading role in medical technology and innovation.
Raytheon Technologies: Pioneering Aerospace and Defense Solutions
Raytheon Technologies, with a workforce of 127,400, is a global technology leader specializing in defense, civil government, and cybersecurity solutions. The company’s cutting-edge technologies and services are crucial to national security and technological advancement. Raytheon’s inclusion among America’s best large employers underscores its role in driving innovation and excellence in the aerospace and defense sectors.
Talbots: Redefining Retail with Style and Substance
Talbots, employing 8,700 individuals, represents the best of Massachusetts’ retail sector, offering quality apparel and exceptional service.
This company’s dedication to customer satisfaction, employee well-being, and community involvement makes it a standout employer in the competitive retail landscape. Talbots’ recognition by Forbes reflects its commitment to creating a positive shopping experience and a supportive workplace environment.
General Electric: Powering Innovation Across Industries
General Electric, with a global workforce of 58,000 employees, is synonymous with innovation and excellence in a variety of sectors, including energy, healthcare, and aviation. GE’s presence in Massachusetts highlights the state’s role as a hub for technological advancement and industrial innovation.
The company’s inclusion in Forbes’ list of best large employers underscores its commitment to pushing the boundaries of what is possible and fostering a culture of innovation and excellence.
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New Balance: A Step Ahead in Athletic Footwear and Apparel
New Balance, employing 8,000 individuals, is a leading name in athletic footwear and apparel, known for its commitment to quality and innovation.
This company’s dedication to manufacturing excellence and community engagement has made it a beacon of the sporting goods industry in Massachusetts. New Balance’s recognition as one of America’s best large employers is a testament to its impactful brand and positive workplace culture.
Veolia North America: Leading Sustainable Resource Management
Veolia North America, with an astounding workforce of 220,000 employees, is a frontrunner in the management of water, waste, and energy resources. The company’s commitment to sustainable development and its innovative solutions to environmental challenges place it at the forefront of the green economy.
Veolia’s rank among the best large employers highlights the critical role of sustainable practices in business and the importance of large corporations in driving environmental progress.
Liberty Mutual Insurance: A Foundation of Trust and Protection
Liberty Mutual Insurance, with 50,000 employees, is a pillar of the insurance industry, offering a wide range of insurance products and services designed to provide security and peace of mind. The company’s focus on innovation, customer service, and ethical business practices has solidified its position as a leading insurer and employer.
Liberty Mutual’s recognition by Forbes underscores its commitment to excellence and its significant impact on the insurance sector.
Charles River Labs: Pioneering Research for a Better Tomorrow
Charles River Labs, employing 13,482 individuals, is a global leader in preclinical and clinical laboratory services for the pharmaceutical, medical device, and biotechnology industries.
The company’s dedication to scientific excellence and innovation supports the development of new therapies and treatments, contributing to the advancement of healthcare and medicine. Charles River Labs’ inclusion in Forbes’ list celebrates its role in driving scientific discovery and its commitment to creating a supportive and dynamic workplace.
Analog Devices: Engineering the Future of Technology
Analog Devices, with a workforce of 24,450 employees, is at the cutting edge of semiconductor design and manufacturing, providing solutions that underpin technological advances across a wide range of industries. The company’s focus on innovation, quality, and sustainability makes it a key player in the global technology landscape.
Analog Devices’ recognition as one of America’s best large employers reflects its role in shaping the future of technology and its commitment to fostering a culture of excellence and innovation.
