Asia's top consulting firms to work for according to big data

10 May 2021 Consultancy.asia 6 min. read
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What are the top companies to work for in Asia? New big data analysis by business network platform LinkedIn sheds light on the top employers for career growth, lauding numerous large consulting firms across its Top Companies Lists for China, India, Japan, Malaysia, Philippines and Singapore.

In an age of evolving work models, LinkedIn screened employers around the world for the best employee experience – assessing career progressions, ability to advance, skill development, business stability, external opportunities, company affinity, gender diversity and educational background. 

“Not only have we worked through a once-in-a-generation global pandemic, but decades of automation, the rise of artificial intelligence and a new shift to remote work have all reshaped what our professional lives look like – and what we’re expecting from our employers,” said LinkedIn in a release, noting the need for a more nurturing workplace. 

Asia's top consulting firms to work for according to big dataAnalysis of LinkedIn’s data shows that a select group of eleven consulting firms have been named to the different lists of best workplaces – an overview by country: 

China

Big local companies feature at the top of China’s list. Huawei. TikTok-owners ByteDance, Alibaba and Tencent are all in the top 5, while enterprise resource planning company SAP occupies third place.

Consulting representation starts in sixth with EY: the Big Four accounting and advisory firm has 22,000 employees in Asia’s largest economy – 40% female – spanning Shanghai, Beijing and Shenzhen and other locations. And the firm has previously been lauded for its work environment in Asia by several sources – including Universum and Great Place to Work. 

Fellow Big Four firm Deloitte follows in ninth place, with its China headcount of 18,000 across key business centres. The firm has previously used hackathons to recruit its talent in China, signaling a vibrant and innovative environment.

Johnson & Johnson, Apple and BMW make up the rest of the top ten. Other consulting representation comes from PwC: in 11th with 23,000 employees in China; and Grant Thornton – 21st – which launched in China in 1981 and has since amassed a 6,000 plus headcount. 

India

Consulting firms dominate in India, taking seven of the top 10 rankings. IT majors made up the bulk of this representation – boosted by their support for millions of employees and their families during the pandemic, including financial support for a vaccination drive

Tata Consultancy Services (TCS) takes the top spot – a notable jump from a similar LinkedIn roundup in 2019. Nearly 470,000 employees make up the TCS India headcount, which benefited from two salary increments despite the economic struggle last year.

Cognizant followed, noted also for its pandemic support and digital skill programmes among a 200,000 plus India headcount. Accenture’s ever-ballooning India operation took third position, with LinkedIn noting its newly implemented gender-neutral policies. Infosys’ near-160,000 India outfit took fifth place.

Big Four accounting and advisory firms Deloitte and EY placed in sixth and seventh respectively. Both have 10,000 or more employees in India, not counting a sizeable delivery centre presence for global services. Wipro – which completed its acquisition of London-based management and tech consultancy Capco in March – rounded off the consulting presence in the top 10, placing eighth with its 150,000 plus headcount in India. 

The remaining spots were filled by construction company Larsen & Toubro (4), Amazon (9) and HDFC Bank (10). Global digital services firm Capgemini placed in 11th, a nod to its 125,000 employees in India alone.

Japan

Deloitte is the highest ranked consulting firm in Japan – placing in fifth behind Amazon, Rakuten, NIT and IBM. The firm is home to 14,500 employees across the country, who benefit from several development initiatives such as ‘tea ceremony’ themed innovation centres to promote conversation and regular check-ins with employees to assess personal goals. 

PwC and TCS follow in eighth and ninth with 9,000 and 2,800 Japan-based employees respectively. Both run active digital skill-development programmes across their outfits. SoftBank, Sony and Mercari make up the rest of the top 10, while Accenture brings further consulting representation in 17th. The digital services giant is striving towards a 50:50 male-to-female ratio in its workforce.

Malaysia

Petronas is the best place to work in Malaysia, followed by Permodalan Nasional Berhad, Tenaga Nasional Berhad, AIA Insurance and Telekom Malaysia. Accenture is the first consulting firm on the list in sixth, with over 3,500 employees in the country, while PwC’s 3,000 plus operation ranked in ninth.

Other top 10 features in Malaysia include Maybank, OCBC Bank and Standard Chartered Bank, while EY missed out by one to rank in 11th. The Big Four professional services firm has nearly 4,000 employees in Malaysia. 

Philippines

Two consulting firms feature in LinkedIn’s Philippines ranking: EY in fifth and Accenture in ninth. EY works with over 8,000 employees in the country in an innovation-focused work environment. Accenture has a Philippines headcount of over 55,000 across several key financial centres. 

Philippine National Bank tops the list, while Smart Communications, Manila Water, Philip Morris International, LandBank of the Philippines, Manulife, Metro Bank and Nestlé make up the rest of the best.

Singapore

Singapore has significant consulting representation at the top. EY ranks the highest here too, with 3,500 employees and myriad opportunities for skill and career development. Accenture’s 2,000 plus Singapore headcount ranks in seventh, while KPMG makes a first Asia appearance as the 13th best place to work in Singapore. Over 3,200 employees enjoy the Big Four accounting and advisory firm’s work environment.