Five of the 13 companies awarded the Great Place to Work label in Luxembourg have made it into the European top 150. (Photo: Shutterstock)

Five of the 13 companies awarded the Great Place to Work label in Luxembourg have made it into the European top 150. (Photo: Shutterstock)

Reazn, GSK Stockmann, CTG IT solutions, System Solutions Luxembourg and the Adecco group have been included in the European ranking of the 150 best companies to work for.

The Best Workplaces in Europe ranking was revealed on Tuesday with the five Luxembourg companies coming in 9th, 13th, 16th, 24th and 25th place in different categories. This compares to just one company, which made the ranking last year.

In the category of small companies (10 to 49 employees), zinc specialist Reazn (25 employees) comes 13th on the list. Law firm GSK Stockmann (40 employees) ranks 24th.

In the category of medium-sized companies (50 to 499 employees), IT company CTG IT solutions (165 employees) ranks 16th with System Solutions Luxembourg (56 employees), which is also active in the IT sector, taking up the 25th slot.

In the category of multinationals, temporary employment agency Adecco (105 employees in Luxembourg) ranks 9th. 

InTech, a subsidiary of POST Luxembourg and the only Luxembourg company to enter in 2020, no longer appears in the European ranking.

The selection process 

To establish its European top 150, the Great Place to Work institute surveyed employees of 3,000 companies in 36 countries that have received the institute’s stamp of approval. In June, it awarded 13 Luxembourg companies with its Great Place to Work label.

Before being included in the national lists, the companies were subjected to an evaluation. One third of the score came from a company culture file and two thirds from a questionnaire sent to employees.

Multinational organisations were not only assessed on their efforts at headquarters. To be included in the European ranking, they had to appear on at least three national lists in Europe and have at least 1,000 employees worldwide, of which at least 40% or 5,000 were outside the country where they were based.

The difference between a national and a European Great Place to Work is further substantiated by 83% of employees in the 150 award-winning organisations that say they are willing to put in more effort than required to do the job, compared to 67% in the others.

This article  in Paperjam. It has been translated and edited for Delano.