Professional networking platform, LinkedIn has ranked Konga, Ernst & Young, MTN Nigeria and Sterling Bank, among others are the best companies to work in Nigeria in 2023.
According to LinkedIn, in arriving at the 25 companies, it relied on eight criteria that have been shown to lead to career progression, which include: the ability to advance, skills growth, company stability, external opportunity, company affinity, gender diversity, educational background and employee presence in the country.
It also revealed that the selected companies all stood out for offering their employees the right environment to grow their careers.
Furthermore, LinkedIn said the methodology factored in key components like how employees are advancing both within a company and when they leave, how they are upskilling while employed there and more, which reveal companies that help set people up to get ahead in their careers. Crucially, it also considered factors like attrition and layoffs.
“Companies that have laid off 10% or more of their workforce between Jan. 1, 2022, and the list launch, based on public announcements — or that have attrition greater than 10%, based on LinkedIn data — are ineligible to rank,” it said.
The development comes against a backdrop of significant headcount actions among global tech companies and other top brands, with the likes of Google, Meta (Facebook), Amazon, Microsoft, Accenture, Twitter, Netflix, Shopify, Lyft, Apple, Tesla and Zoom, among others, laying off thousands in the face of uncertain economic conditions. The likes of Jumia, a major player in the Nigerian e-commerce space and Alerzo, a Nigerian B2B e-commerce platform have also announced significant staff cuts in recent times.
A leader in the Nigerian e-commerce space, Konga was identified by LinkedIn as a company offering a wide range of products, including electronics, fashion, beauty and personal care, home and kitchen appliances, and more. Acquired by the Zinox Group in early 2018, Konga has risen to the pinnacle of the e-commerce space, carving a niche for itself with its customer-centric approach, pocket-friendly pricing, status as a reliable source of genuine products and its growing ecosystem of thriving verticals which include KongaPay, a CBN-licensed mobile money wallet, Konga Travels & Tours, an online travel booking agency and Konga Health, a digital healthcare distribution company, among several others.
The company has also received regular rave reviews from shoppers and industry experts alike, with the most recent coming via a consumer-focused survey that projected Konga as the most admired and innovative e-commerce company on the African continent. The survey was published on March 15, 2023, coinciding with this year’s anniversary of World Consumer Rights Day.
In addition to Konga, other companies ranked in the 2023 LinkedIn report include Interswitch Group, First Bank of Nigeria, Standard Chartered Bank, NNPC Limited, Eko Electricity Distribution, British American Tobacco (BAT), Ikeja Electric, Nestlé, ExxonMobil, AB InBev, UBA Group, IHS Towers, SLB, Halliburton, Shell, TotalEnergies, Tropical General Investments (TGI) Group, Huawei, Wema Bank, Deutsche Post DHL Group and 9mobile.
