Tuesday 14 May 2013

Zuckipo


 


Just hours before Facebook became a publicly traded company last May, Mark Zuckerberg took the stage at a pre-IPO hackathon and received a standing ovation from thousands of his employees.


In the year since then, those same employees have watched as Facebook’s stock plummeted to less than half its IPO value before recovering somewhat, and presumably heard some of the negative comments from investors and analysts about Facebook’s long-term viability as a company. Yet, almost exactly one year after that night, employees appear to approve of Zuckerberg as much as ever — perhaps more so in fact.


Zuckerberg had a 99% approval rating at Facebook for the full year since the IPO compared to 95% in the year leading up to the IPO, according to data provided to Mashable by Glassdoor, a job site that features anonymous employee reviews for thousands of companies. In fact, Zuckerberg had a 100% approval rating in three of four quarters last year based on new reviews on the site during those time periods, though it dipped slightly to 96% in the first quarter of this year.


 



 


Likewise, reviews on Glassdoor suggest that employees have actually been slightly more satisfied with working at Facebook in the year since the IPO than in the year leading up to it, with the average employee satisfaction rating being 4.7 (out of 5) for this past year compared to 4.6 the year prior.


 



 


“Facebook still offers huge career opportunity, as well as opportunities for personal development and growth,” one current employee wrote in their evaluation on Glassdoor last month. “They invest heavily in their people, and have a strong hacker culture. The benefits are manifold and superb — even by Bay Area standards.”


 



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