Archive for the ‘Glassdoor Updates’ Category

Glassdoor’s Blog Highlights of the Month

Posted by • April 6th, 2009 • 55 Comments

We know everyone is busy and so you don’t always have time to keep up on the news. Here are some of the highlights from this past month that we wanted to draw your attention to:

U.S. Employees Surprisingly Optimistic Despite State of Economy & Layoffs Yet Those in West Tend to Be a Little More Pessimistic
Vote for Glassdoor! Webware Finalists Announced
Staying Competitive: Tips for Interviewing in Today’s Market
Apple Envy? RIM and Nokia Employees Dish
AOL Changes Guard: Employee Insights to New CEO Tim Armstrong
Engineering Pay Gap? Glassdoor Reveals Many Women Engineers Earn Less than Men
Top Tech Companies that Pay Engineers the Most

Thanks for reading…more exciting blog posts coming down the pipeline soon!

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U.S. Employees Surprisingly Optimistic Despite State of Economy & Layoffs Yet Those in West Tend to Be a Little More Pessimistic

Posted by • April 1st, 2009 • 2 Comments

On Tuesday, the Conference Board released the monthly Consumer Confidence Index for March, showing a slight gain in confidence from February but still hovering around record lows at 26.0.  Today, we released results of a survey conducted by Harris Interactive on our behalf for a handful of confidence indicators.  What we found was  a surprising level of employee optimism relating to their ability to sidestep layoffs, the future outlook of their employer, and expectations for pay increases even though confidence in the areas of job security and pay raises fell since December.

You can read details in our media advisory and supplement, but we highlighted a few key findings below.   We believe employee confidence, like consumer confidence, tends to lag behind market movements but over time can be an important leading indicator for consumer sentiment and – ultimately — economic recovery.  After all, the more confident employees are in their jobs and careers, the more confident they are as consumers and likely to spur demand and spending.  We plan to track this quarterly and report these and potentially other measures over time.

Summary of Q1 Glassdoor.com Employee Confidence Survey

Job Security:

1 in 4 employees (26%) say they are concerned they may lose ...

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Negotiating Severance Packages—A Refresher

Posted by • March 31st, 2009 • 52 Comments

Time Magazine recently wrote a great article on negotiating severance packages in today’s economy, something more and more of us are facing these days.  Glassdoor career and workplace expert Rusty Rueff is quoted in the piece on some if his negotiation tips we’ve written about in the past. 

As a refresher, here are some of the key tips from Rusty when faced with job elimination:

Always take the time to seek counsel to understand separation agreement. Your employer will likely want you to sign an agreement before they extend any severance or other separation benefits, and will offer you the time to talk to a lawyer before signing the release agreement. Take that time.
Ask for employment and salary continuation versus a lump sum severance payment. Severance usually represents the equivalent salary for a period of time, and companies often disperse this as a lump sum payment because there are accounting benefits.  However, staying on the books gives you the benefit of time to take care of other business that may require employment verification. 
Request your benefits to continue through the time of the separation package.  Regardless of whether you are successful in extending employment, you should ask that your health and dental benefits be extended ...

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Vote for Glassdoor! Webware Finalists Announced

Posted by • March 31st, 2009 • 20 Comments

Glassdoor.com has been selected as a finalist in the CNET Webware awards – and we couldn’t be more excited!  But now we need to make it over the finish line and we need your vote to get there (and feel free to tell your friends!) Rules for voting is ‘One vote per email address is permitted per Awards category. Based on rules of voting, a person can vote several times as long as the person uses a unique email address per vote.’ 

What are the Webware Awards?

Webware 100 Awards honor the people’s choice for the 100 best Web 2.0 apps and services. More than 5,000 companies were nominated for the awards, and the Webware team narrowed it down to just 300 finalists.  The 100 winners will be announced in May, and from now until then, it’s up to you to vote for your favorite companies.

Thanks!

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Engineering Pay Gap? Glassdoor Reveals Many Women Engineers Earn Less than Men

Posted by • March 10th, 2009 • 2,819 Comments
Gender pay gap in engineering

Many women engineers1 earn less than their male counterparts and the pay gap widens as years of experience increases, according to a recent analysis of more than 4,700 salary reports submitted anonymously on Glassdoor.com by people in the engineering field, of which 70% are male and 30% are female.  The analysis revealed that women engineers earn 96.7% of what men earn early in their careers (0-3 years experience), and earn 89.1% of what their male counterparts earn when both genders have more than 10 years experience.  This means that the average compensation for a male engineer with less than three years of experience is $70,533 while women with the same experience earn less ($68,237). For those with 10 or more years, men make an average of $111,877 while women typically make $99,733.  That can easily equate to hundreds of thousands  of dollars throughout a career.

Bonus Gap is Bigger

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Job Resource Sites See Traffic Increase

Posted by • March 9th, 2009 • 17 Comments

In an article in today’s San Francisco Chronicle, the reporter highlights the fact that traffic numbers are up on popular job posting sites. It states “traffic to job search sites, for instance, grew 51 percent in January from the same month a year earlier.” In addition to pointing out job posting and social networking sites, the article provides some other useful pieces of information for job seekers, including:

Areas of opportunity: ”The sectors that held up the best were health care, which was down 8 percent to 581,625 job postings, and education, in which job postings fell 9 percent to 62,933.”
Job/Company Insider Resources: Glassdoor.com is referenced in the article as a “resource that can give users an inside look at companies.”  As many of you may know the reviews on Glassdoor list the pros and cons of a workplace, but can also let potential hires know what questions to ask during the interview process.  

Are you looking for a job? What have you noticed in your job search?  What resources have you been tapping to research jobs?

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Glassdoor Community Gives Feedback on the Site

Posted by • March 5th, 2009 • 2 Comments

Here at Glassdoor, we love to hear from you—the good, the bad, the ugly. How has Glassdoor helped you? What improvements would you like to see to the site? We’re committed to transparency when it comes to salaries and job reviews, and feel this same theory should go for the work we do internally to bring you this level of transparency.

We thought we’d share some of the feedback and questions we’ve received from our members since it may also be relevant to others. Below are excerpts from emails we’ve received over the past few months and answers to your questions…

Comments:

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Reality Bites: Are Employees Disconnected from Market Realities?

Posted by • January 7th, 2009 • 1 Comment

It’s the first full week of 2009 and what’s on employees’ minds?  We were curious so we conducted a year-end survey with our friends at Harris Interactive to find out what employees are thinking about a variety of topics that affect our lives — layoffs, compensation, the future.  You can read our advisory with a summary of findings here, but we’ve added a bit more perspective below.  Overall, we were struck that there is an undercurrent of high employee confidence that runs counter to headlines and market realities of late. We’d love your opinions and thoughts on the findings.  Have people been living on an island? Or is it just a basic case of denial?

Little Concern about Layoffs

It’s hard to turn anywhere these days without hearing something about layoffs. Maybe you know someone who’s been laid off or maybe you know 10, but it feels like the effects are everywhere. In fact, we continue to see increases in the frequency reviews are coming in with the word “layoff.”   We did this original analysis in November.  Today the percentage of reviews with the word “lay off” is hovering around six percent.

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CNBC Reports on CEO ratings, the Future of Glassdoor and Who’s Getting A Bonus

Posted by • January 5th, 2009 • 44 Comments

Jane Wells, CNBC Reporter and Funny Business Blogger has been reporting all day today on Glassdoor.com. Jane stopped by our offices to do the taping right before Christmas (which also happened to be the day after our Glasssdoor.com holiday party – if people seem a little sluggish that’s because they were!) in the multi-segment series on her blog, check out further details from our CEO ratings report, discussion about the future of Glassdoor and information about bonuses. In addition, she’s gone a little deeper into companies like Dell and Chrysler.

Part 1:  Do You Love or Hate Your CEO?

Part 2: Can This Web Start Up Make Money?

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Employees’ Choice Unveiled: Glassdoor Announces Top Best Places to Work

Posted by • December 29th, 2008 • 340 Comments

Since launching early this year, nearly 75,000 employees have come to Glassdoor to anonymously contribute salary information and share opinions about their company’s work environment and rate their overall satisfaction. We decided to tabulate the results and see who rated highest… and lowest. We are proud to announce the ultimate Employees’ Choice Awards for Workplaces in our first annual Best Places to Work Top 50¹ list.

Congratulations to General Mills, which topped the list of companies rated by their employees with a 4.5 company rating (on a 5-point scale) while giving General Mills CEO Ken Powell a 96% approval rating. It’s not hard to see why when looking at reviews². One employee writes “I’m proud to work for GMI! They are good community partners, they genuinely care about diversity, and they are well respected as a company. They are consistently ranked among the best companies to work for and their pay/benefits are competitive. The headquarters…is rather impressive as well boasting an impressive cafeteria, health facility…You could probably live on campus if you wanted to. These amenities go a long way into making the real life more manageable so that you can focus on performing well at your job.”

Another General Mills ...

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