The Culture Code of a Best Place to Work
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Transcript of The Culture Code of a Best Place to Work
© Glassdoor, Inc. 2017
The Culture Code of a Best Place to Work
Glassdoor is a registered trademark of Glassdoor Inc.
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Webinar Tips for Attendees
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Featured Speakers
Jim Conti Director of Talent at Sprout Social
@SproutJim
Lisa Holden Employer Communications Manager
at Glassdoor @LisaAHolden
Juliandra Rittmann Director, HR Talent Management at
The Clorox Company @CloroxCo
© Glassdoor, Inc. 2017
agenda how it started
methodology
winner’s spotlight: The Clorox Company & Sprout Social
why this matters: the culture effect
key takeaways
Q&A
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companies on Glassdoor 640,000
countries 190
monthly UUs ~32M
Glassdoor Internal Data
Currently the second largest job site in the U.S.— "featuring nearly all of the latest jobs available online.
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Methodology: Reviews
• U.S. Large Companies: at least "75 Glassdoor-approved reviews
• U.S. Small Companies: at least "25 Glassdoor-approved reviews
• Canada: at least "25 Glassdoor-approved reviews
• UK: at least "30 Glassdoor-approved reviews
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Common Myths
I need to be in tech to be on the list
I need to be a large company to be on the list
I can’t be on the list because my company "doesn’t provide extravagant perks
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Create Meaningful Impact Impact of Positive, Neutral and Negative Employer Reviews "
on Salary Demands by Prospective Employees
11.9 9.8
7.5
Negative Reviews Neutral Reviews Positive Reviews
14 – 70% or h igher 13 – 65% ra ise 12 – 60% ra ise 11 – 55% ra ise 10 – 50% ra ise
9 – 45% ra ise 8 – 40% ra ise 7 – 35% ra ise 6 – 30% ra ise 5 – 25% ra ise 4 – 20% ra ise 3 – 15% ra ise 2 – 10% ra ise
1 – Any pay ra ise Source: Melián-González & Bulchand-Gidumal, 2016
Cat
egor
y of
Sal
ary"
Incr
ease
Req
uire
d
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Bright minds, bold thinkers and people"dedicated to making the world a better, healthier
place — that is the face of Clorox.
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Empower Your People by Embracing Transparency
Glassdoor U.S. Site Survey, January 2016
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Clorox has a culture that thrives on diversity"and supports growth by empowering employees"to put the consumer first, be curious, embrace
change, think boldly and act like an owner.
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Challenge How Things Are Done
— Source: Forbes , How to Bui ld an Innovation Workplace Culture with Experimentat ion, January 2017
A culture of innovation cannot exist "without a culture of experimentation.
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We’re a newer company — we approach"this from the perspective of challenging how
companies are built…
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It’s just as important"for the candidate to"interview you as it is"
for you to interview them.
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We look for people who draw outside the lines, challenge conventional thinking, and
exceed their own expectations.
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0% 5% 10% 15% 20% 25%
Compensation and Benefits
Work-Life Balance
Business Outlook
Career Opportunit ies
Senior Leadership
Culture and Values
Findings: Salary is NOT the main driver of satisfaction
The Workplace Factors That Matter Most to Employees
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)
© Glassdoor, Inc. 2017
0% 5% 10% 15% 20% 25%
Compensation and Benefits
Work-Life Balance
Business Outlook
Career Opportunit ies
Senior Leadership
Culture and Values
Findings: Culture, leadership and opportunities matter most
The Workplace Factors That Matter Most to Employees
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)
© Glassdoor, Inc. 2017
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/.
Findings Relative Value of “Best Places to Work” "
Stock Portfolios vs. the S&P 500
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Key Takeaways
Focus on company culture
Embrace workplace feedback
Remember salary isn’t everything
Engage employees to build a successful company
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© Glassdoor, Inc. 2017
Jim Conti Director of Talent at Sprout Social
@SproutJ im
Lisa Holden Employer Communicat ions Manager
at Glassdoor @LisaAHolden
Juliandra Rittmann Director, HR Talent Management at
The Clorox Company @CloroxCo