Peruvian beauty company Belcorp remains one of the World’s Best Multinational Workplaces, according to an annual ranking published by Fortune.
To identify the top 25 multinational companies from a pool of hundreds, Fortune partnered with global research and consulting firm Great Place to Work. Results are based on feedback from employees and management around the world.
Belcorp ranked No. 9 in its third consecutive year on the list, climbing from No. 12 last year. The company is headquartered in Lima, Peru—one of just a handful of countries that hosts more than eight of the top companies’ offices.
“The closeness of everyone at Belcorp, and how your work is recognized, makes you feel special and part of something important,” one company employee told Fortune. The maker of cosmetics, fragrances and personal-care products has 8,558 employees worldwide.
For consideration as a World’s Best Multinational Workplace, companies must appear on at least five national Best Workplaces lists and have at least 5,000 total employees, with 40 percent based outside the company’s home country. No. 1-ranked Google is one of several IT companies represented, alongside the likes of professional services firm Adecco, hospitality giant Hyatt and manufacturer S.C. Johnson.