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Wednesday, 7 December 2016

Facebook ranks as the top tech company to work for in 2017

Facebook ranked as the best tech company to work for in 2017 as well as  coming in second among world companies overall, according to a new report from Glassdoor. The ninth annual list is based on employee reviews posted on the job site from Nov. 2, 2015 to Oct. 30, 2016.

In 2011 and 2013 Facebook took the number one spot overall,  and was number five last year. This year, management consultancy Bain and Company returned to the top spot.The tech industry overall had another good year, since it accounted for 20 of the top 50 companies in the United States. Apple and Google, along with Bain, are the only employers to make the list for all nine consecutive years.

Glassdoor's Allison Berry :
 “The tech industry "really pioneered this whole idea of providing really fantastic benefits and offering very competitive compensation. It’s been interesting to see other companies that are outside of the space following through,"


Berry, looking at the Glassdoor reviews, pointed to employee frustrations with management and work hours. "As companies try to scale, you see less transparency. Employees are putting in longer hours and you might see less work-life balance, and employees aren’t as confident as career procession," Berry said."We are constantly working to improve and expand in these areas through initiatives that foster professional development, support health and well-being, and we are expanding other benefits such as matching 401(k) contributions in 2017," Brittany Cornejo, a public relations specialist with Airbnb  says.
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