Survey tracks workforce sentiment after Facebook IPO
A new report suggests internal worries following Facebook's tumultuous IPO last year were just a little out of control.
A new report from the online jobs and careers community Glassdoor examines how Facebook employees feel about their work environment, both before and after the beleaguered initial public offering event.
Based on overall sentiments toward the company's CEO, Mark Zuckerberg, as well as some other improvements (higher salaries, etc.), it would appear that all of those worries were just overreactions.
As of April 30, Zuckerberg had an approval rating of 98 percent, while 95 percent of current employees said they would recommend the Menlo Park, Calif.-headquartered company to friends looking for work. That's based on 393 ratings posted to Glassdoor.
Note that Facebook has between 1,000 and 5,000 employees, so there is definitely room for error.
Nevertheless, Glassdoor researchers asserted that the company rating is up, citing that it received a 4.7 rating ("very satisfied") over the past 12 months -- a slight increase from the 4.6 rating during the year leading up to the IPO in 2012.
Here are a few examples of anonymous employee reviews about Facebook one year after the IPO:
"Facebook is also a mission-focused organization, in the same sense that the military or a relief agency is. Most employees understand the goal of the company to be larger than just making its employees and shareholders materially successful." -- Facebook Software Engineer (Menlo Park, CA)
"The post-IPO scramble has made many lose confidence in the forward thinking and strategy of top level management; lower level management often lacks the skills or will to deflect from the increasing corporate politics." - Facebook Employee (Dublin, Ireland)
Software engineers are also said to be earning more. According to Glassdoor, the average base salary for Facebook software engineers grew over the past year to $119,262, up from $112,193 previously.
Yet, senior management ratings have taken a turn for the worse as ratings decreased by 0.3 points to 4.0.
That's still considered "very satisfied," but it is a drop from the 4.3 rating posted during the year before the IPO.
Charts via Glassdoor
This story originally appeared as "Glassdoor report surveys Facebook workforce sentiment one year after IPO" on ZDNet.