New York City is famous worldwide as the home of the Empire State Building, Times Square, Broadway, and Central Park. Besides being a major draw for tourists, it’s also a huge financial, manufacturing, and retail hub. In this article, we’ll take a look at the largest companies in New York, what they have to offer, and how you can go about finding a job in this bustling metropolis.
New York City’s Job Market
Historically, New York has been a global cargo shipping port and a financial hub. It’s home to some of the world’s largest banks, as well as plenty of insurance, consumer services, real estate, tech, and trade businesses. As of November 2020, there were around 250,000 jobs available in New York.
Based on data from Glassdoor, the highest-paying job in New York City is an attorney. Still, other job paths continue to grow, like positions in the tech sector as web developers and data scientists.
New York’s Key Industries
- Finance
- Trade
- Health Care
What Is New York City’s Unemployment Rate?
According to the Bureau of Labor Statistics, as of November 2021, the unemployment rate in New York was 6.6 percent. This follows a downward trend from a rate of 7.7 percent in June 2021.
Who Is the Largest Employer in New York City?
IBM is the largest company in New York City in terms of the number of employees, with nearly 350,000 personnel globally. Its employees are called IBMers and the company says it considers them to be its greatest asset.
Top Employers in New York City: At a Glance
| Company | Industry | Global Headcount | Hiring For |
| IBM | IT services | 346,000 | Data scientist, hardware developer, software engineer |
| Deloitte | Accounting | 345,370 | Data analytics support, data scientist, survey researcher |
| PepsiCo | Food and beverage manufacturing | 291,000 | Data scientist, document specialist, lab technician |
| JPMorgan Chase | Financial and banking services | 255,351 | Relationship banker, Qlik sense developer, retail customer service |
| Citigroup | Investment banking and asset management | 210,000 | Data scientist, billing analyst, payroll analyst |
| ABM Industries | Building and personnel services | 140,000 | Electrical field testing engineer, account lead, administrative assistant |
| Verizon | Telecommunications services | 132,000 | Data scientist, UX strategist, big data engineer |
| Genpact International | IT services | 100,000 | HR coordinator, IT specialist, field engineer |
| Pfizer | Biopharmaceuticals | 78,500 | Data scientist, financial analyst, administrative assistant |
| KKR & Co Inc | Investment banking and asset management | 1,800 | Administrative assistant, accountant, software developer |
Largest New York City Companies to Work For
IBM
IBM, or International Business Machines, is a tech giant based just outside of New York City in Armonk, New York. It started as a computing and recording company in 1911 and has grown into a tech hardware and software producer that has operations in more than 170 countries. Its main goal is to help its customers solve tech problems.
What Is It Like to Work at IBM?
At IBM, you’ll experience a decent work-life balance with opportunities to work remotely. In addition, the company offers many opportunities for career advancement and hands-on training. If you are interested in attending a coding bootcamp, then colleagues also support that since it provides an opportunity for personal and professional growth.
Top Reasons to Work at IBM
- Flexible working hours
- Mental health benefits
- Positive work environment
Deloitte
Deloitte is an accounting firm that provides professional services such as auditing, risk management and financial advice, and tax services to its clients. The multinational company has been operating for 170 years and its aim has always been to make a positive difference in society. In the fiscal year ending in May 2021, the company reported 5.5 percent year-on-year revenue growth.
What Is It Like to Work at Deloitte?
Deloitte is very generous when it comes to giving paid time off. This adds to a comfortable work-life balance for employees. Furthermore, the company’s high standards are meant to inspire its employees to continually improve.
Top Reasons to Work at Deloitte
- Flexible work
- Great benefits
- Supportive colleagues
PepsiCo
PepsiCo is an international food and beverage company that was founded in the US in 1965. With headquarters just outside New York City in Purchase, New York, it sells goods in 200 countries around the world. Its most popular brands are Pepsi-Cola and Frito-Lay. The company’s goal is to bring people moments of joy with its products.
What Is It Like to Work at PepsiCo?
If you work at PepsiCo, you’ll get plenty of feedback to help you become a better employee. The work is very engaging, with lots of opportunities for critical thinking and problem-solving. Along with that, the company values diversity and is also reasonable when it comes to handing out promotions.
Top Reasons to Work at PepsiCo
- Great work environment
- Good benefits
- Competitive compensation
JPMorgan Chase
JPMorgan Chase is a multinational bank that came about after several financial giants were merged beginning in the mid-90s, including Chase Bank and JP Morgan & Co. It’s now the biggest bank in the US and the fifth-biggest in the world in terms of assets. It offers investment and financial planning services as well as personalized banking.
What Is It Like to Work at JPMorgan Chase?
At this company, you’ll be working alongside many intelligent colleagues, and JPMorgan Chase encourages employees to learn from one another. The finance company provides plenty of in-house training to set you up for success. Additionally, there’s lots of room for growth and further training as you progress up the ladder.
Top Reasons to Work at JPMorgan Chase
- Great benefits
- Good work culture
- Company is very well-respected globally
Citigroup
Citigroup is known for its financial services to corporate customers and consumers. It offers investment banking, corporate banking, retail brokerage, and cash management services and products. Its mission is to protect people’s savings and improve people’s lives.
What Is It Like to Work at Citigroup?
The company gives lots of holidays and it pays its employees well. They also provide international career opportunities if you are interested. In addition, you’ll meet lots of people that you’ll learn from. There’s also a good work-life balance.
Top Reasons to Work at Citigroup
- Great benefits
- Supportive work environment
- Pleasant work-life balance
ABM Industries
ABM Industries is a facilities management company that provides electrical, janitorial, and energy solutions. Some of the industries ABM caters to include aviation, education, healthcare, sports, and entertainment. Its goal is to take care of its clients and help people feel safe wherever they work.
What Is It Like to Work at ABM Industries?
ABM tries to hire employees who are respectful of one another regardless of their background. The company also strives to create a friendly working environment and pays a reasonable salary based on the employee’s experience level.
Top Reasons to Work at ABM Industries
- Good benefits
- Supportive work environment
- Paid time off
Verizon
Verizon is a tech giant in the wireless communications industry that provides smartphone, TV, and Internet services. It was founded in 2000 and has grown consistently since, anticipating three percent revenue growth in 2022 and 2023. Verizon currently has more than 2,300 retail stores across the US.
What Is It Like to Work at Verizon?
Verizon says it’s committed to creating an inclusive work environment in which employees feel that they’re valued. Verizon employees are generally happy with their pay and benefits and note that they receive adequate support from their manager. The job also provides a lot of opportunities to learn from your colleagues and continue your career growth.
Top Reasons to Work at Verizon
- Great company benefits
- Employees are valued
- Room for growth within the company
Genpact International
The company is a global consulting firm that was started as part of General Electric in 1997 and became an independent consulting firm in 2005. Genpact offers direct procurement, engineering, finance, accounting, and research services to its clients. Its vision is to be the best technology services and process management company in the world.
What Is It Like to Work at Genpact International?
You can expect that working at this company means you’ll be able to learn new technologies and continuously learn new things. You’ll meet friendly colleagues who are willing to help you when you need it. In addition, there’s also a lot of growth potential you can look forward to.
Top Reasons to Work at Genpact International
- Good working environment
- Professional work culture
- Lots of learning opportunities
Pfizer
Pfizer is a biopharmaceutical company that applies science to improve people’s lives. Its portfolio includes vaccines, medicine, and other consumer health products. The company also works with governments, care providers, and local communities. Pfizer has been growing and reported to have an estimate of $82 billion from 2021.
What Is It Like to Work at Pfizer?
Working at Pfizer will allow you to have a good work-life balance. The company’s culture is centered on creating a supportive work environment, with four main values — courage, excellence, equity, and joy. The pharmaceutical company also gives employees break weeks and compensates its employees fairly.
Top Reasons to Work at Pfizer
- Great benefits
- Positive work environment
- Lots of people to learn from
KKR & Co Inc
This global investment firm provides asset management, insurance solutions, and capital markets to its clients. The goal of the company is to bring about attractive investment returns. They also sponsor investment funds and have competent strategic partners who manage hedge funds. In addition, the company has $4.4 million in revenue during the third quarter of 2021.
What Is It Like to Work at KKR & Co Inc?
Working for this company offers advancement as you’ll learn a lot and be mentored by senior employees. You’ll also have great resources from which you can learn a lot and you’ll be surrounded by smart professionals. In addition, the company provides free food for its employees.
Top Reasons to Work at KKR & Co Inc
- Good working environment
- Skilled colleagues
- Good compensation
Other Big Companies Headquartered in New York City
- Standard Chartered USA
- Omnicom Group
- Philip Morris International
- Sullivan & Cromwell
- Marsh McLennan Companies
- NBCUniversal
- American Express
- Revlon Consumer Products Corporation
- Goldman Sachs Group
- Moody’s Investors Service
Where to Find a Job in New York City: Top New York City Job Boards
ZipRecruiter
ZipRecruiter is one of the best sites to turn to when looking for a job in New York City. It’s easy to use and features hundreds of thousands of job listings throughout New York. Furthermore, it uses artificial intelligence-powered matching technology to aid you in your job search.
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Digital.NYC
This tech job board lists more than 1,500 jobs available at both startups and established tech companies in the city. For those in a tech profession, this site can be a great help, especially if you’re new to New York.
NewYorkJobs.com
This website lists jobs all across the state, but you can filter specifically for New York City. Professionals from all industries use this site because it lists jobs for all skill levels and fields, from construction to social work.
What Is New York City’s Tech Scene Like?
New York City’s tech scene has been growing rapidly. Tech jobs rose by 30 percent between 2008 and 2018, and the city is currently home to more than 6,000 startups. Some of the tech companies based in the city include MongoDB, SoundCloud, Spotify, Vimeo, and E-trade.
Can a Bootcamp Help Me Get a Job with a Top New York City Employer?
Attending one of the best bootcamps in New York can help you break into the city’s tech scene. At a bootcamp, you’ll study programming languages and learn how to apply them to a career as a data scientist, web developer, cyber security analyst, or whichever area of tech interests you.
Top Coding Bootcamps in New York City
- BrainStation
- App Academy
- General Assembly
- Codesmith
- Flatiron School
Why New York City Is a Great Place to Achieve Your Career Goals
New York is a great place to achieve your goals because of the seemingly limitless opportunities in the city. The city is home to many tech giants and growing startups, as well as finance, retail, and trade-related companies. By landing a job in New York City, you’ll have plenty of opportunities to learn from your colleagues, network, and continue to improve in your field.
Biggest Companies in New York City FAQ
The leading industry in New York is healthcare. Aside from this, financial services and business services are also thriving.
Some of the fastest-growing small businesses in New York city are suit-maker Knot Standard, FranchiseHelp, which helps people find a franchise to invest in based on their goals, and the cooking community Food52.
Many other companies have made their mark in New York besides those listed above. Some of them include the industrial corporation Alcoa and the American Association of Port Authorities, and retail companies like Tiffany and Co and The Estee Lauder Companies.
In 2020, 54 of the companies that made the Fortune 500 were located in New York. Some include JPMorgan Chase, Verizon, CitiGroup, Metlife, and Stone X.
About us: Career Karma is a platform designed to help job seekers find, research, and connect with job training programs to advance their careers. Learn about the CK publication.
