MILL VALLEY, Calif. (November 11, 2015) – Glassdoor, the leading jobs and recruiting marketplace, today announced a new research arm, Glassdoor Economic Research, led by Dr. Andrew Chamberlain, Glassdoor’s Chief Economist. Glassdoor Economic Research will leverage Glassdoor’s unique user-generated content and jobs data to shed light on employment and labor trends in a new way, in order to help job seekers, employers, academics, media, government officials and more.
Glassdoor has an incredible data set of millions of job openings and detailed job search behavior. In addition, Glassdoor has approximately 10 million company reviews, CEO approval ratings, salary reports, interview reviews, benefits reviews for more than 445,000 companies in 190 countries.1 It is now the fastest-growing jobs site in the U.S.2 and is rapidly growing worldwide.
“Our mission is to provide a new lens through which to evaluate and understand today’s labor markets and their impact on local and national economies,” said Dr. Chamberlain. “By integrating Glassdoor’s growing global database of unique workplace insights that has been historically hard to find with other real-time labor market data, we plan to provide greater transparency into employment trends that can help inform better-functioning labor markets.”
A sample of what Glassdoor Economic Research offers includes reports such as:
- Why is Hiring Taking Longer?: It isn’t your imagination. The interview process has gotten longer. Hiring times have increased about 3.3 to 3.7 days on average since 2009. This report digs into hiring differences across six countries including the U.S. and UK.
- Does Company Culture Pay Off?: Based on three different portfolios, this study finds companies named to Glassdoor’s Best Places to Work list broadly outperformed the S&P 500 from 2009 to 2014.
- Does Money Buy Happiness?: Think pay is important driver of employee satisfaction? Think again. Given a 10 percent raise, employee satisfaction only increases 1 percent. Other factors like company culture, career opportunities and senior management matter more.
As Glassdoor’s Chief Economist, Dr. Chamberlain leads a team of Glassdoor data scientists and researchers under the Glassdoor Economic Research umbrella. Dr. Chamberlain is an applied microeconomist and previously served as an economist at the Tax Foundation and the Cato Institute among others. He received his doctorate in economics from the University of California, San Diego and bachelor’s degrees in economics (cum laude) and business administration (magna cum laude) from the University of Washington in Seattle.
SUBSCRIBE to Glassdoor Economic Research: If you are interested in receiving updates from Glassdoor Economic Research, visit www.glassdoor.com/research to subscribe to the latest research updates and periodic newsletters.
NOTE TO RESEARCHERS: If you are interested in collaborating with Glassdoor Economic Research, email firstname.lastname@example.org.
For media inquiries or to interview Dr. Chamberlain contact email@example.com.
1 Glassdoor Internal Data, September 2015
2 Compared to LinkedIn.com, Indeed.com, CareerBuilder.com and Monster.com, based on unique users, custom job list sites % Change Media Trend Report, comScore September 2015 Media Metrix®
Glassdoor is the most transparent jobs and career marketplace that is changing how people search for jobs and how companies recruit top talent. Glassdoor combines free and anonymous reviews, ratings and salary content with job listings to help job seekers find the best jobs and address critical questions that come up during the job search, application, interview and negotiation phases of employment. For employers, Glassdoor offers recruiting and employer branding solutions to help attract high-quality candidates at a fraction of the cost of other channels. In addition, Glassdoor operates one of the most popular job apps on iOS and Android platforms. The company launched in 2008 and has raised approximately $160 million from Google Capital, Tiger Global, Benchmark, Battery Ventures, Sutter Hill Ventures, DAG Ventures, Dragoneer Investment Group, and others.
Glassdoor.com is a registered trademark of Glassdoor, Inc.