Workers at these 15 companies are happiest with their pay, says a new report—here’s why
Low-angle view of sign with logo on facade at office of computer software company Adobe in the South of Market (SoMA) neighborhood of San Francisco, California, June 10, 2019.

California-based tech giants dominate the list of companies where workers feel most satisfied with their pay, according to Comparably's sixth annual report based on employee reviews. Coming in at No. 1, Adobe employees report being happy with their compensation across pay, benefits, bonus structures, equity and more. The Comparably report takes a look at anonymous employee ratings submitted to the reviews site from September 2021 to September 2022. There's no shortage of macroeconomic reasons to be less satisfied with your pay these days, from skyrocketing inflation to a tumultuous stock market deflating equity, says Jason Nazar, Comparably's CEO and founder. The companies that have remained at the top of this year's list have upped the ante to continue paying competitively, especially in a tight hiring market and inflationary period, as well as offer more expansive perks to support workers' interests and wellbeing. Here are the top 15 companies where workers feel happiest with their pay: Adobe: San Jose, California RingCentral: Belmont, California Meta: Menlo Park, California Microsoft: Redmond, Washington Google: Mountain View, California ZipRecruiter: Santa Monica, California Medallia: San Francisco, California Chegg: Santa Clara, California Palo Alto Networks: Santa Clara, California Boston Consulting Group: Boston, Massachusetts Snap Inc.: Santa Monica, California SAP: Newtown Square, Pennsylvania Squarespace: New York, New York IBM: Armonk, New York Calix: San Jose, California

Top-rated companies responded to inflation, well-being and stock volatility

Many companies have increased their pay and compensation in order to stay competitive in a tight hiring market. Others have also pointed the need to raise pay to outpace inflation, which can sour employee morale. For example, No. 4 Microsoft said that beginning July 1, it would nearly double its budget for employee salary increases and boost stock compensation to help workers cope with inflation. But workers want to feel supported beyond their paycheck. At No. 1 Adobe, one employee notes in their review that they value the company's coverage of some child-care costs until the age of 6. Meanwhile, a Microsoft employee notes that the "salary is excellent," and they enjoy a flexible benefits package including a spending account to claim back for hobbies, family care, dog-walking and more. Top companies have also been able to persevere through a volatile stock market. "The biggest trend we see is that as the overall stock market has been affected, so too does people's perspective of their compensation," Nazar says. "Companies that have performed better through the last year have had the advantage of their team members feeling better about their compensation." Notably, early-pandemic success stories including Peloton and Zoom, which suffered their own rise and fall in stock valuation over the past year, fell out of the top 15 list for 2022.

Workers place more value in salary transparency