When it comes to professional work, Europe is known for having one of the most favorable approaches in the world.

European countries consistently rank among the best in terms of work-life balance, were among the first to test the four-day work week, and offer some of the highest average salaries in the world, as well as other social benefits.

But which companies on the continent are best to work for?

Related

Fortune and Great Place To Work have published the “Fortune 100 Best Companies to Work for in Europe” list, compiled by analyzing more than 1.3 million responses to a survey of more than 2 million employees across Europe.

Companies at the top of the list had employees who were both more motivated to work and more comfortable with their company’s way of working.

For example, according to a Great Place To Work blog, their market research found that at high-ranking companies, almost 90 percent of workers said they put in extra effort to get their jobs done, compared to only 59 percent. in a typical European workplace.

They also found that camaraderie was a key factor, with workers 108 percent more likely to put in extra effort if they felt a sense of cooperation with their colleagues.

Additionally, 86 percent of employees at these top workplaces expressed an intention to stay long-term, compared to just 60 percent at other workplaces, which was particularly relevant among those who felt that their work had meaning and gave them purpose.

Related

The report also reveals that innovation rates were 66 percent higher in the best workplaces and were mainly due to continuing learning and development opportunities provided by companies.

Here’s a look at the 10 best companies to work for in Europe according to the latest Fortune list.

Work-life balance is also a key factor in company rankings and one of the aspects workers value most.

A high percentage of workers, about 85 percent, who work at one of the top companies said they are encouraged to maintain a balance between their work and personal lives, with 92 percent saying they have the opportunity to take time off. leave when necessary. .

Workplace fairness also played an important role and contributed to some companies’ higher rankings.

Employees at these companies said promotions were fair (78 percent), that they received a fair share of company profits (70 percent), and that their managers did not play favorites among their staff (81 percent). percent).

This feeling of fairness was also linked to employees’ willingness to adopt artificial intelligence (AI) tools in their work.

Only about one in three respondents (34%) in the entire European study said they were enthusiastic about using AI to improve their work; the report also finds that those who believe their company is fair are 29% more likely to be enthusiastic about using AI tools.

Related

What are the main industries in Europe?

Although European workers are still hesitant to adopt AI, the technology sector in general is not a dominant force in Europe when it comes to employment.

This contrasts with the United States, where tech companies like Nvidia, Microsoft and Google are among the best and have become early winners of the AI ​​boom.

In Europe, however, many of the top companies are in more traditional sectors such as fossil fuels, automobiles and finance, as the recent Fortune 500 list shows.

Topping the list, Europe’s largest company was German carmaker Volkswagen, followed by two oil and gas companies, Britain’s Shell and France’s TotalEnergies.

According to Fortune, although only 15 companies on this year’s list are in the technology sector, traditional companies are also opening the door to innovation by adopting automation technologies.

Related

For example, Volkswagen announced earlier this year the integration of the AI ​​chatbot ChatGPT into the voice assistant of some of its vehicles.

Additionally, fossil fuel company Shell has also adopted the use of AI in its operations, including using AI-based technology in deep-sea exploration and production, with the aim of improving operational efficiency, speed up processes and increase production.