agenda how it started methodology common myths & traits of winners why this matters: the culture effect key takeaways Q&A
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© Glassdoor, Inc. 2017
Currently the second largest job site in the U.S.—" featuring all of the latest jobs available online.
640,000
companies on Glassdoor
190 ~34M countries
monthly UUs
Glassdoor Internal Data
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© Glassdoor, Inc. 2017
Glassdoor Average and BPTW Average Ratings Average Glassdoor Rating
BPTW Winner Average
3.3
4.2
Career Opportunities
3.0
4.0
Comp & Benefits
3.1
4.1
Culture & Values
3.3
4.3
Senior Leadership
3.1
3.8
Work-life Balance
3.4
3.8
CEO Approval
67%
94%
Recommend to Friend
49%
87%
Positive Business Outlook
46%
80%
Overall
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Methodology
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Methodology • 12 months of data • Current or recently former employees • Location-based • Quantity • Quality • Consistency
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Myths & Traits of Winners
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Common Myths 1 I need to be in tech to be on the list 2 I need to be a large company to be on the list 3 I can’t be on the list because my company " doesn’t provide extravagant perks
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Common Traits 1 Clear path for advancement 2 Transparent leadership 3 Unique culture that aligns with the mission
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Clear Path for Advancement
A culture of innovation cannot exist
without a culture of experimentation. — Source: Forbes, How to Build an Innovation Workplace Culture with Experimentation, January 2017
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Transparent Leadership
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Unique Culture that Aligns with the Mission
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Why This Matters:" The Culture Effect
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Strong Employer Brands Lead to More Resumes Impact of Positive, Neutral and Negative Employer Reviews on Image and Recruiting Ability
Source: Melián-González & Bulchand-Gidumal, 2016
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Findings: Salary is NOT the main driver of satisfaction The Workplace Factors That Matter Most to Employees Culture and Values Senior Leadership Career Opportunities Business Outlook Work-Life Balance Compensation and Benefits 0%
5%
10%
15%
20%
25%
Note: Horizontal axis shows the relative contribution of each factor to overall satisfaction, where all factors sum to one. Source: Glassdoor Economic Research (glassdoor.com/research)
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Findings: Culture, leadership and opportunities matter most The Workplace Factors That Matter Most to Employees Culture and Values Senior Leadership Career Opportunities Business Outlook Work-Life Balance Compensation and Benefits 0%
5%
10%
15%
20%
25%
Note: Horizontal axis shows the relative contribution of each factor to overall satisfaction, where all factors sum to one. Source: Glassdoor Economic Research (glassdoor.com/research)
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Findings Relative Value of “Best Places to Work”" Stock Portfolios vs. the S&P 500 Glassdoor’s “Best Places
to Work” list outperformed
the S&P by 122% Lowest rated companies underperform S&P by 29.5%
Note: Annual returns assume annual rebalancing to reflect portfolio definitions. Source: Chamberlain, Andrew (2015). “Does Company Culture Pay Off? Analyzing Stock Performance of ‘Best Places to Work’ Companies,” online at glassdoor.com/research/. © Glassdoor, Inc. 2017
Key Takeaways
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Key Takeaways 1 Focus on company culture 2 Embrace workplace feedback 3 Remember salary isn’t everything 4 Engage employees to build a successful company 5 It’s not about the list, it’s just the right thing to do
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