Working in California is a unique experience. Because of the diversity of the population, as well as the economy, our state offers a huge number of job opportunities to all manner of different people. Not only that, but with California also has a reputation as a cultural and financial hub, several of our state’s biggest companies routinely sit atop the list of revenue generators in both the state and the country.
According to Fortune Magazine, 55 companies with headquarters in California earned a place on the list of companies with the highest fiscal-year revenue. Overall, these Fortune 500 companies make up about 66 percent of the United States’ total gross domestic product (GDP). This amounts to nearly $13.8 trillion in revenue in 2021. Further, these companies employ nearly 29.1 people worldwide.
Maison Law Offers Free Consultations To California Employees
Working for one of these companies in California should be an enjoyable experience. After all, employment is ultimately an agreement between you and your employer. You provide labor and production, and they provide you with wages and other benefits. But a job is often more than that.
For many of us, our job provides us with purpose and identity. Sometimes, even California’s biggest companies can violate your rights under the law. When that happens, our team of experienced California employment lawyers at Maison Law can help.
To learn more about your legal options, contact us today for a free consultation.
Working In California: By The Numbers
As the most populous state in the country, California has a strong economy that is built around a high number of workers. As of the end of 2021, data from the California Employment Development Department (EDD) found that the state’s unemployment rate stood at 6.5%. However, between February and December 2021, California added over a million jobs to the market, with nearly 18 million people being employed in the state at the end of 2021.
The technology industry continues to drive the state’s economy. These Silicon Valley companies provide many high-paying jobs. The leading companies include:
- Apple
- Intel
Additionally, California’s thriving employment numbers are made up of the following industries:
- Trade and Logistics
- Healthcare
- Hospitality and Tourism
- Financial Services
- Film and Entertainment
- Agriculture and Food Production
- Education
- Manufacturing
- Construction and Real Estate Development
No matter what industry or employer you work in, the state of California recognizes that you have certain rights simply by being a citizen and being employed. Still, every company–even the biggest in the state–has its own resources and way of doing things. In looking at California’s biggest companies by number of employees, you can understand how they approach handling their employees.
How Many Employees Do California’s Biggest Companies Have?
With 55 Fortune 500 companies located in California, it’s no surprise that several of these companies are also among the leaders in number of employees. In fact, the top five California companies in terms of revenue are in the technology and gas industries, two of the most profitable industries worldwide.
In terms of number of employees, these companies simply must have
- Apple – Virtually everyone is aware of Apple. With its status as a technological innovator and cultural icon, it offers a line of extremely popular products. Further, its reputation and market share has also been extremely profitable. In 2021, the company brought in $274.5 billion in revenue. Somewhat surprisingly, the company itself is relatively small, employing 132,000 people according to company data.
- Google – Another ever-present tech company, Google has products and services that seemingly everyone uses on a daily basis. This led to $182.5 billion in profits in 2021, and that number is only expected to grow. Google’s headquarters in Mountain View makes it one of California’s most recognizable employers, with the company employing 98,771 people in 2021.
- Chevron – Energy is one of California’s–and the world’s–most important industries. Whether it be from natural gas, oil, or electricity, California has a wealth of options for both employers and employees looking to break into this highly competitive industry. Among the leaders of this industry is Chevron, which is headquartered in San Ramon. Chevron made $94.7 billion in 2021, largely thanks to its over 51,900 employees.
- Wells Fargo – Banking is another leading industry in California. The financial sector is among the largest employers in the state, and Wells Fargo is California’s largest employer. 258,700 people work for the company, which is headquartered in San Francisco and earned $80.3 billion in 2021.
- Intel – The last company on this list is also in the technology industry. Intel was at the forefront of computers and technology but has remained a strong player thanks to its 107,100 employees. Headquartered in Santa Clara, Intel made $77.6 billion in 2021.
Working for one of these or any other company in California provides you with a significant opportunity to provide for your family. However, like any job, your employer may at times step over the line in terms of how they treat you. Under California law, you have several rights in the workplace. When these rights are violated, consider speaking with our team of experienced and knowledgeable employment lawyers to figure out what to do next.
Experienced and Dedicated California Employment and Labor Lawyers
At Maison Law, we take pride in our approach that puts your needs first, and we are steadfast in our belief that your employer–no matter how big they are–should respect both state and federal employment laws and keep the promises that they make to you. Being an employee at one of these companies means you contribute to almost unheard-of levels of revenue, and that should come with some understanding and respect.
When your employer chooses to not keep its promises and violates any of your rights in the workplace, our experience and knowledge can help you. We strive to provide each and every one of our clients with a specific approach to their particular case. If you would like to learn more about our approach or your legal options, contact us today for a free consultation.
Sources:
https://fortune.com/ranking/fortune500/2020/search/
https://www.zippia.com/advice/biggest-companies-in-california/
