Samsung Electronics has topped the world’s best employer ranking in a recent study by Forbes

October 21, 2020 by Sandesh Ilhe

Samsung Electronics has topped the world’s best employer ranking in a recent study by Forbes. The study reportedly asked the participants’ willingness to recommend employers based on covid-19 response, talent acquisition, gender equality, and more.

The said Forbes study is done(via Sammobile) in partnership with market research firm Statistica. Accordingly, more than 160,000 participants from 58 countries took the survey anonymously. They are reportedly full-time and part-time workers. The report says the survey went on a rolling basis from June-July.

Samsung Electronics has topped the list of 750 MNCs(Multi-National Corporations) headquartered in over 45 countries. To be precise, Samsung Electronics ranks No.1 overall, and it is categorized under Semiconductor, Electronics, Electrical Engg., Technology Hardware & Equipment. Surprisingly LG is trailing behind Samsung at 5th Place outsmarting Apple, and Huawei.

Credits: Forbes/Statistica

If we take Samsung, it has had a lot of ups and downs as a company in 2020. However, every time, it woke up from the dust and improved. When the world got hit by Coronavirus, it quickly shut down its factories in South Korea after confirmed cases but soon scaled it back. As a Consumer Electronics company, it didn’t stop there. It opened a UV sanitizing service for its Galaxy series of Smartphones.

Showing concerns for both consumers and employees 

Similarly, in the semiconductor business, it was quick enough to shift the production from Korea to Vietnam to tackle the situation. Later, it smartly reduced the component orders by 50% when the scenario was a near-death sentence back then. Also, it contributed to countries like India by pledging nearly ₹20 crores($2.7 million) to the PM CARES fund and other state govt to combat the virus.

It even launched a new Smartwatch App for Galaxy Smartwatch users that remind them to wash their hands. Add to this, the other measures include UV sterilizer-cum-wireless Charger, anti-microbial smartphone cases, and a Coronavirus checkup center at the South Korean Plant.

And now, it is ready to expand the market even more but also ensure the safety of its future Smart home products with UV-LED technology. All these shows how much commitment Samsung is showing to its consumers, and employees. That said, 2020 is almost over and companies like Samsung are gearing up for a varied strategy in 2021 with well sorted out plans for TV business, smartphones, semiconductors, auxiliary components, and more.

Sandesh Ilhe

With an Engineers degree in Advanced Database Management and Information Security, Sandesh brings the deep understanding of the digital world to the table. His articles reflect the challenges and the complexities that come along with every disruption in the industry. He carries over six years of experience on working with websites and ensuring that the right article reaches the right reader.

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