Bad mouthing by disgruntled employees writing bad reviews about their managers and employers.
Embracing transparency is not an option. It’s a necessity.
Today, Glassdoor operates sites under the company’s brand in 13 countries. In 2015, it received a $70 million investment by Google Capital, giving it a cool $1 billion valuation.
With its massive reach, companies quickly realized that online reviews about culture, compensation policies and interviewing tactics could cost them a competitive edge for securing new talent.
It’s a kind of phenomenon that happen when current and former employees post their thoughts about working at a specific company, and the employer finds that they’re soon scrambling to change policies in an effort to stay competitive in the war for talent.
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