Glassdoor Offers Insider Reviews and Salaries of Major Employers
Posted on: Thursday, 12 June 2008, 14:10 CDT
For those considering whether the grass may be greener with a different employer, a new Web site is hoping to provide the answer.Sausalito, CA-based startup Glassdoor.com offers information on current salaries paid by hundreds of major employers, along with anonymously written reviews from current and past employees. The service is provided free of charge.
"We think it's super important that people are able to find a job where they can go home happy at the end of the day," Robert Hohman, Glassdoor's co-founder and CEO, told the Associated Press.
Rich Barton, CEO of online home appraisal site Zillow.com, is another founder of the company.
Glassdoor’s service providing free access to often brutal company reviews and sensitive salary information is likely to upset some employers, according to Barry Parr, an analyst with Jupiter Research.
"I like the idea, but there is absolutely no question that some CEO is going to see something negative on the site and hit the roof," Parr told the AP .
"It just makes me wonder who long it will take before they get sued."
One particularly provocative Glassdoor feature allows workers to rate their company’s CEO. Results of a Glassdoor trial based on a small sampling of opinions showed that employees of Microsoft appeared to have a higher opinion of their CEO, Steve Ballmer, than Yahoo Inc. workers had of their CEO, Jerry Yang. The trial phase involved about 3,300 people who provided information on approximately 250 companies.
Yang has been in the headlines lately for having walked away from a $47.5 billion takeover offer from Microsoft last month.
Hohman is trying to persuade employers that Glassdoor is a helpful tool for collecting feedback from their employees. The 12-employee startup has an incentive not to estrange corporate America because it hopes to generate revenue through advertising. The company plans to screen all worker reviews for fictional or libelous comments.
For now, Glassdoor is allowing all visitors to view salary information and reviews of four leading technology companies: Microsoft Corp., Cisco Systems Inc., Google Inc. and Yahoo Inc. To gain access to information about additional companies, viewers must first disclose their own salaries and employer reviews.
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On the Net:
Glassdoor.com
Source: redOrbit Staff and Wire Reports
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