Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee listening to in Washington, October 23, 2019.
Erin Scott | Reuters
Facebook noticed its rating on Glassdoor’s checklist of the “Best Places to Work” checklist slide for a second 12 months in a row, tumbling 16 spots to 23rd. Its desirability rating dropped from 4.5 to 4.Four out of an ideal 5 in keeping with workers, who use the location to judge their employers anonymously.
It’s a precipitous fall for Facebook, which claimed reached the highest spot in Glassdoor’s 2018 rankings. It fell to No. 7 within the 2019 list, following reviews in March 2018 that political consulting agency Cambridge Analytica had improperly accessed the info of 87 million Facebook customers.
Facebook’s drop comes as regulators put the social media firm in the crosshairs of antitrust investigations. The 2020 Glassdoor rankings present that workers not regard working on the social media firm as they as soon as did. After the Cambridge Analytica scandal, the company struggled to recruit school graduates and software program engineers, former Facebook recruiters informed CNBC in May.
Glassdoor bases its rating on eight elements, together with work/life steadiness, senior administration and compensation and advantages. To be ranked, corporations should have not less than 1,000 workers and obtain not less than 75 rankings throughout the eight classes that Glassdoor takes into consideration throughout the eligibility interval.
Among the complaints, workers informed Glassdoor that Facebook is now “painstakingly slow” in the case of making choices on issues of privateness on account of its quite a few scandals over the previous two years. Employees additionally complained that high-profile initiatives are extraordinarily political and there’s a lack of work-life steadiness.
“There’s been a lot of external criticism that’s been coming toward Facebook,” mentioned Glassdoor Community Expert Sarah Stoddard. “There’s a high expectation for employees to be highly productive which leads to long working hours, and that’s a reason we keep seeing Facebook drop.”
Despite its declining rating and fall within the rankings, Facebook stays nicely above the common Glassdoor firm score of three.5. Employees praised Facebook’s mission-driven tradition, the expertise on the firm and the perks and advantages.
“Employees continue to call out that the mission of the company is part of what drives them,” Stoddard mentioned.
Facebook was not the one tech firm to drop within the rankings. Google dropped three spots, touchdown at 11th place with an award rating of 4.5. Apple dropped 13 spots to 84th and an award rating of 4.3. Amazon as soon as once more didn’t crack the checklist of 100.
Microsoft, in the meantime, climbed up 13 spots, touchdown at No. 21 with an award rating of 4.4.