Wednesday, December 11, 2013

Twitter edges out Facebook as best tech employer, according to employee survey

For three straight years, Facebook has been considered the best place to work, according to an annual survey amongst engineers. For 2013, though, its main social networking rival Twitter claims the top spot.

Every year, career website Glassdoor comes up with its Employees’ Choice Awards, which ranks the 50 best places to work for in the coming year. The leading technology company for 2011, 2012 and 2013 was Facebook, but for 2014, the best technology employer award goes to Twitter.

Facebook did not even manage to get second place amongst tech companies, as that particular spot was taken by professional social network LinkedIn. Facebook does get third place in the tech category.

Overall, the three social networks get spot #2, #3 and #4, respectively as top employers for 2014, with the best place to work spot taken by management consulting firm Bain & Company.

In total, 22 technology companies were part of the list, including familiar names like Google, Qualcomm, Redhat, Rackspace, Intel, Texas Instruments and eBay, among others. Glassdoor’s data included firms that have at least 1,000 employees and at least 50 approved reviews within the survey period. Microsoft is notably missing from the list this year, as it was in the previous year’s results.

According to Glassdoor, the results are computed by its proprietary algorithm, part of which includes user ratings for their employers, on a 1-5 scale. Other inputs from employees include feedback on their job, work environment and company as a whole. The overall ranking is “based on the quantity, quality and consistency of reviews.”

While Twitter is currently at the top spot among technology firms, however, The Next Web‘s Emil Protalinsky suggests that 2014 might be an altogether different year for Twitter’s management and employees, particularly with its recent IPO at the New York Stock Exchange. Publicly-listed companies, after all, are usually under pressure to perform, in order to grow and retain value for their corporate boards, shareholders and other stakeholders.

Source: Glassdoor / Via: The Next Web

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