Archive for August, 2008

Glassdoor.com – Not Just for the Americans

Over the past week we’ve seen incredible interest from users outside of the United States, with more than 40% of this week’s site traffic coming from our international users.  This response and all the feedback we have received from across the world has been overwhelmingly positive, so we wanted to say thanks – merci – danke – and much more to everyone for helping us make Glassdoor more relevant to all users, regardless of where you work.

It has become clear to us that workers everywhere are curious about what it’s really like on the inside and what it means to be fairly paid. And although discussion of salaries in many countries is considered a taboo subject, it seems like Glassdoor’s anonymous set-up might be just the thing to open up the exchange of information about jobs and the workplace.

As of today the top 10 countries represented in the Glassdoor community are:

United States
Canada
United Kingdom
India
Australia
France
Germany
Ireland
China
Japan

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We’re Going Global

… and we’re doing it with a few other salary improvements that members have been asking for since our launch in June. Now on Glassdoor you can see salary and total pay for any job at a company on one page, and more importantly you can filter by experience and location (with salaries shown in local currency for that location – see below).

This wasn’t as easy as you might think. People get paid in more ways than you can imagine and it gets even more complicated when you throw in local currencies and workplace conventions for more than 100 countries. Thankfully we were able to find a simple solution that addressed a few issues, and in doing so we have set the course for much broader international support.

There’s a lot more work to do and we’re still a ways from offering versions in local languages, but with this move we’ve made a commitment to deliver on the universal appeal of workplace transparency. Thanks to all the non-US community members for their patience, feedback and support as we work through some of our growing pains.

Trust us, we get that work matters no matter where you live – ...

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Where Happy People Go to Work…

Apparently the energy and utilities sector is the place to be, based on the top 10 list on Glassdoor.com. According to 53,000+ reviews we have gathered in just two months since we launched, more 700 employees in this sector at companies like GE Energy in Atlanta, Georgia and Consumers Energy in Jackson, Michigan are proud to say they like their jobs. On average, employees rate this job sector a 3.5 on a scale of 5 possible points, and CEOs have an average approval rating of 62.1%.

Top ten happiest job sectors:

Energy & Utilities
Environmental Services & Equipment
Insurance
Aerospace & Defense
Agriculture
Banking
Cultural Institutions
Education
Food
Health Care

It’s no wonder when one employee at Valero Energy in San Antonio, Texas writes “Company works with you. You pretty much have a set schedule, but have the availability for appointments. If any questions you can call your boss. If you need an emergency day off, you can call your boss or another manager to fill in. If you are having problems with a task, or a question, you can always call another manager ...

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It’s Not Too Early to Start Planning Your 2009 Pay Strategies

In a recent article for The Career Journal in the Wall Street Journal, Sarah Needleman writes about planned compensation increases for 2009 based on the research of many employment consulting firms like Mercer consulting and Watson Wyatt Wordwide.

Overall, the average raise for 2009 is expected to be 3.7% — just slightly below 2008, which was an average 3.8% increase. With the tightening of budgets, how you rate on performance will be more important than ever as “middle of the pack” and “low performers” will likely see less dough. Employers said they plan to give their highest-rated workers — an estimated 14% of their work forces — an average merit increase of 5.6% in 2009. The lowest performers, who represent 7% of workers, are likely to receive just a 0.6% salary upgrade. For someone making $105,000, how you rate at annual review time could be the difference of more than $5000 per year.

So how can you get ahead?

Check in with your boss. If you haven’t had an official mid-year review, make an appointment to see how you’re performance is stacking up to his/her expectations and your peers. Ask if there are things you can do to improve or ...

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Moving…Start-Up Style

I don’t think anyone likes to move.  Packing, unpacking, getting everything set-up just right – it takes forever, and it can be back-breaking work.  But when an office upstairs opened up, I didn’t take much to sell us that it was going to be worth the move.  We were in a relatively small, dark office space with no kitchen (that’s right – we had a bucket instead) – and this new space not only has a kitchen, it is a wide open space with a wall of windows, views of Mt. Tamalpais, and most importantly a deck (with two sliding “glassdoors”).  So as much as I hate moving, I was ready!

What I should say is that I was ready to be in a new office – I’m not sure I was ready for the moving part.  I think Yahoo! might have spoiled me a bit – when I worked there an office move meant throwing your stuff into a few boxes, labeling some equipment, and getting out of the way.  But when you’re at a scrappy start-up you don’t have Office Movers on speed dial.  So we did it ourselves, ...

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Even Students Deserve an Inside Look

I’ve seen a lot of interest from students who want to check out our reviews and salaries – and why wouldn’t you?!   If you’re a student, our “employee generated content” offers you an inside look at some of the largest, most reputable companies in the world – and we’ll cover just about every company you could ever imagine coming to campus.  And most importantly, all this information is available on a student budget (in other words, it’s all free!).

We always knew that Glassdoor would be an invaluable resource for students, so when I read this blog post about college grads settling into their first job – it really hit home just how useful we could be.  The post encourages all you recent college grads to take cues from your co-workers and ask questions of your managers – all great advice.  But wouldn’t it be better to take some of these cues and get some of those questions answered before you’ve even started?  Which is exactly why we’re here.  Think of it – your potential co-workers and managers are already talking on Glassdoor, and they’re giving you more than enough information not just to fit ...

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CEO Approval Ratings Forecast Job Tenure

Could Glassdoor’s CEO approval ratings be an indicator of CEO job security? Magic eight ball says: Signs point to yes – but only time will truly tell. No matter what analogy you use, Glassdoor shows promise as an indicator for CEO longevity based on employee approval ratings.

Case in point: AMD and Alcatel Lucent. The recently ousted CEOs of these companies had a significantly low approval rating. Pat Russo, former Alcatel Lucent CEO held an approval rating of just 5% and Hector Ruiz, former AMD CEO held an approval rating of 8%.

Alcatel Lucent employees stated:

“A once-great company surrounded by the smell of death”
“The future will be ripe with opportunity, all that’s missing is leadership.”
“Poor management makes this a place to avoid.”

And AMD employees under Ruiz commented:

“Fire Hector or at least make him take a salary cut.”
“Hire new senior management.”
“Stop committing company suicide”

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Bush Should Consider Lowering Salary to Boost Approval Ratings

We were catching up on this week’s news…well, the news according to US Weekly. US Weekly reported the whopping salaries of top rated celebrities based on an annual survey in this week’s TV Guide.

For kicks and a couple good laughs, we wanted to compare the salaries of top rated corporate CEOs to the salaries of CEO’s with an approval rating lower than George Bush. For those of us who haven’t taken a US Government and History class in a while, the US President reports a salary of $400,000 annually and according to CNN/Opinion Research Bush has a current 30 % approval rating. From what we’ve observed it looks like George Bush may need to consider dropping his salary to help boost his approval ratings!

Annual salary for the most popular CEOs with more than 50 reviews:*

Steve Jobs, Apple …………………………………..$1
Eric E. Schmidt, Google……………………………$1
John T. Chambers, Cisco…………………$350,000
Jamie Dimon, JP Morgan Chase………$1,000,000
Jeff Bezos, Amazon ………………………….$81,840

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Workplace Ailments and Ways to Avoid the Pitfalls

Work matters – from our compensation that controls our personal finances to our job satisfaction that can ultimately affect our mental and physical health or even non-work relationships. We’ve always known that our work was an important part of our lives (that’s why we launched Glassdoor.com), but a recent article in the Indianapolis Star got us thinking about how to become more aware of the options we have when things at work don’t always seem to work out.

Using research recently conducted by Harris Interactive, we pulled a few insights into common workplace “spillover effects” and how we hope to help you avoid them.

1. Salary Sharing Phobia
In some parts of the world, “how much do you make?” is as common as “where do you live?” or “what do you do?” In the U.S., however, salary phobia is so common in company cultures that it makes it difficult (if not impossible) to find out whether you’re being fairly compensated. From our research, about one in ten (11%) employed adults say they are not comfortable discussing their compensation with anyone and fewer than one in four are comfortable talking about compensation with co-workers. It seems we are clearly more ...

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July’s Review of the Month

Whenever I mention to people that I work at Glassdoor, there are a few questions that always come up:

How do you know these people actually work at the company?
Do people really care enough to write about their work?

Well… I think in its own way our “Review of the Month” answers both these questions. This month’s $500 prize goes to a software engineer from Accenture who has provided one of the most detailed reviews I have seen to date. As the headline for the winning review states – “You have to be in it to understand it” – who else but an employee would have this level of insight into the good and bad of a workplace? And more importantly, is there any doubt that this employee cares about work? After all, work is one of the most important parts of our lives and those that recognize its importance want to make sure everyone has the information they need to make the right decision .

If you take the time to read through this review you’ll see this member cares not only about their work, but about helping others make the right choices. So we thank ...

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