Job site Glassdoor releases an annual list of the 50 best places to work in, which is computed based on inputs from employees and the Employees' Choice Awards for 2013 winner per Glassdoor is social networking site Facebook.

Follow us

"Glassdoor is excited to announce our fifth annual Employees' Choice Awards, a list of the 50 Best Places to Work. The top 50 winners were selected by the people who know these companies best - their employees," noted the job site.

Facebook edged out McKinsey & Company to take the top honors, making it the best place to work in America. The Palo Alto-based company held the distinction in 2010, but had fallen to the third spot in last year's rankings.

In case you're wondering why Facebook is "the" company to work for and tops the popularity chart, it can be largely attributed to the employee-friendly work environment. Facebook is known for having facilities like snack lounges, onsite ping pong, a gym etc. and gives the all-important fat pay check.

Facebook on an average gives salaries of $114,000 per year to software engineers. Product managers at the company have higher pay that hovers around $132,000 per year. What's more, even the newbies get paid well with a tech internship stipend ranging from $5,600 to $6,300 per month on an average, which is nearly $25,000 more than the salary of an average full-time employed American.

The top 10 list also included Google who has fallen from fifth last year to sixth this year. Glassdoor' top 10 list of best places to work is as follows:

1. Facebook
2. McKinsey & Company
3. Riverbed Technology
4. Bain & Company
5. M.D. Anderson Cancer Center
6. Google
7. Edelman
8. National Instruments
9. In-N-Out Burger
10. Boston Consulting Group

The complete top 50 list from Glassdoor can be viewed here. Check out the Glassdoor video below to get a peek into why Facebook employees love the company so much.

Join Our Conversation

Smartphones

Samsung Galaxy S4 Google Edition: $649 Price Tag Explained

Nokia EOS Details Allegedly Leaked: Once Again Nokia Focuses On The Camera

Samsung Galaxy Note 3 May Sport Same Familiar Plastic Design, Not Metal

Intellicam App Brings First Hands-Free Camera Feature To Windows Phone 8

Tablet / Laptop / PC

Nexus 7 Refresh Teased In Google+ Hangouts Video, Sports Glowing Notification Light

AMD Unleashes Radeon 8900M Mobile GPU: Get It In MSI GX70 Gaming Laptop

Dell XPS 10 Drops Price To $300, Marking A New Low For Windows RT

HP Slatebook x2 Convertible Laptop Rocks Nvidia Tegra 4, Android 4.2 Jelly Bean

Gadgets

Google Glass Raises Lawmakers' Concerns: Congress Demands Answers About Privacy

Seven New Apps Coming To Google Glass: Facebook, Twitter, And Evernote Included

Android 4.2.2 Jelly Bean, Chrome Update For Google TV: End Of Flash?

AMD Unleashes Radeon 8900M Mobile GPU: Get It In MSI GX70 Gaming Laptop

OS / Software

Samsung Galaxy S4 Gets TCO Certification

Android 4.3 Jelly Bean Coming On June 10: Absent From Google I/O 2013 Intentionally

Android 4.2.2 Jelly Bean, Chrome Update For Google TV: End Of Flash?

Google Wallet Update: Send Money To Friends With Gmail, Make One-Click Purchases On The Go

Internet / Social Media

Yahoo Is Eyeing Tumblr

Google I/O 2013: Chrome Web Browser Now Has 750 Million Active Users

Google I/O 2013: Google Maps Gets New UI And Google+ Hangouts Shows Massive Improvements

Gtalk Chat Integration Coming To Outlook.com

What's App

Intellicam App Brings First Hands-Free Camera Feature To Windows Phone 8

Seven New Apps Coming To Google Glass: Facebook, Twitter, And Evernote Included

Itsdagram Available Now For Windows Phone: Best Instagram Client Around

Google I/O 2013: Chrome Web Browser Now Has 750 Million Active Users