Apple Inc. has returned to an annual list of the 100 best places to work in the US after falling off last year. But the ranking wasn’t as rich with technology firms after layoffs stormed the sector.   

Apple was at no. 39 on the Glassdoor list, a website where employees submit anonymous workplace reviews. Glassdoor has conducted the survey since 2009. Apple was one of the 31 tech-industry firms on the list, down from 41 the previous year. This left more room for old-line employers like banks, retailers, and manufacturers. The best organization to work was management consultant Bain & Co., followed by chipmaker Nvidia Corp., whose products tend to boom within the artificial intelligence field.   

Moreover, Apple’s return-to-office push in 2022 may have been to blame for it falling off the list last year. The tech giant’s lack of large-scale layoffs compared to its peers has likely brought it back. As employees tend to value “stability and security.”   

The 48% gain in Apple’s shares last year has doubled the benchmark S&P 500’s increase, which has probably also kept the employees satisfied.   

Other prominent tech firms on the list include Adobe Inc. at 15, Microsoft at 18, and Alphabet’s Google at 26. While Salesforce, Intel, Netflix, and Yahoo fell off the list.   

Work-life balance has gained importance for many employees last year. And mentions of “anxiety” in posts on Glassdoor’s community sites have shot up fourfold, but factors like career opportunities traditionally carry more weight.   

Further, to be included on the list, the firm must have more than 1,000 employees and receive at least 75 employee ratings over the past year on workplace attributes. These include compensation, culture, and senior management. The rating threshold resulted in last year’s no. 1 software company, Gainsight, falling off the list entirely this year, as it didn’t receive enough reviews.

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