About Glassdoor.com
Glassdoor.com is a career and workplace community where anyone can find and anonymously share real-time reviews, ratings and salary details about specific jobs for specific employers. What sets it apart is that all its information comes from the people who know these companies best — employees.
Description of user contribution system
Before users can access all of the information shared by others in the Glassdoor community, Glassdoor asks users to post an anonymous review or salary of their own. If users submit a review, then the users can see other reviews for their company or any other company within Glassdoor. If users submit their salary information, then the users can see the salary ranges for their position or any other position at any company within Glassdoor, including their own.
Benefits for the users
Users get a couple of extremely valuable benefits.
- Salary information - users can see how their salary and benefits stack up against others at their own company or others. This is useful when negotiating salaries or considering employment elsewhere.
- Company information - the reviews are very honest. With some companies having hundreds of reviews, it becomes possible to get an insider's view into a company without knowing an insider. This allows users unprecedented access into the internal culture of possible employers.
Benefits for the creators of the system
Glassdoor plans to make money from ads targeted at job seekers, premium services, and aggregated compensation data it wants to sell to HR professionals.
History of the idea (from Glassdoor web site)
It was the summer of 2007, and Glassdoor.com co-founder Robert Hohman was busy taking time off after having left his position as president of Hotwire.com. His long-time friend Rich Barton called up with an interesting question:
“What would happen if someone left the unedited employee survey for the whole company on the printer and it got posted to the Web?”'
The two had previously worked together at Microsoft and then Expedia, which Rich founded in 1994. Robert and Rich contemplated why it's so difficult to find helpful information about jobs and workplaces. Robert called on good friend Tim Besse and they expanded the survey concept to include salary details down to the job level and CEO approval ratings, just like politician approval ratings. And thus, Glassdoor was born to deliver new transparency to an incredibly important part of our lives — our work.
Scale
Not sure of this yet. Features 11,000 companies in over 80 countries as of September 2008.
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