Coca-Cola Is the Best Place to Work to Get Ahead in Your Career

An index backed by Howard Schultz’s philanthropy tracked the career paths of millions of employees to determine which companies and industries invest most in their workforces.

The Coca-Cola headquarters in Atlanta.

Photographer: Elijah Nouvelage/Bloomberg
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What’s the difference between Coke and Pepsi? For job seekers: Coca-Cola Co. offers the best career mobility out of nearly 400 big employers, according to a new five-year analysis of 4.7 million workers. Rival PepsiCo Inc. came in 19th on that same list.

The American Opportunity Index — a product of Harvard Business School, the Schultz Family Foundation and Burning Glass Institute, a labor-focused nonprofit — measured how millions of workers fared at companies by looking at hiring, pay and promotions, particularly among entry-level and lower-skilled workers. By tracking their trajectories, the analysis determined which companies pay better wages for workers in similar roles or promote their people most equitably.