What is Glassdoor Net Worth? Lets Find out About their History

Glassdoor is a US-based platform where current and former employees post anonymous company reviews. It operates as an independent subsidiary under Japanese Recruit Holdings. Headquartered in San Francisco, California, Glassdoor also has offices in Chicago, Dublin, London, and São Paulo.

Brand Name	Glassdoor
Founders	Tim Besse, Robert Hohman and Rich Barton
Origin	American
Established In	2007
Services	Online employment
Headquarters	Mill Valley, California.
Operational Areas	United States
Glassdoor Net Worth	$1.6 billion (Last Updated August 2023)

Glassdoor Net worth

Glassdoor’s net worth stands at an impressive $1.6 billion. The US-based company, acquired by Japanese Recruit Holdings in 2018, operates as an independent subsidiary. It serves as a prominent platform for anonymous employee reviews of companies, providing valuable insights into workplaces worldwide.

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Glassdoor Founders

In 2007, Glassdoor was co-founded by Tim Besse, Robert Hohman (currently the CEO), and Rich Barton, the founder of Expedia who served as the company’s chairman.

The idea originated from a conversation between Barton and Hohman, reflecting on an accidental employee survey leak at Expedia.

This led them to envision a platform that could assist individuals in making career decisions. Glassdoor’s headquarters were set up in Mill Valley, California.

Glassdoor History

Glassdoor was co-founded in 2007 by Tim Besse, Robert Hohman, and Rich Barton. It officially launched in June 2008, offering a platform for anonymous company reviews and real salaries by employees. It quickly gained popularity, including reviews of tech giants like Google and Yahoo.

Glassdoor expanded its focus on workplace experiences and introduced the Employees’ Choice Awards, ranking companies based on user-generated reviews. In 2010, it launched “Enhanced Employer Profiles” for companies to add their content.

The platform continued to grow, reaching 30 million users in 190 countries and catering to Fortune 500 clients by 2015. It expanded globally, creating localized websites like Germany’s. In 2016, Glassdoor acquired Love Mondays to enter the Latin American market.

 The company faced legal challenges, including a court order to disclose anonymous users’ identities. Glassdoor continues to be a significant platform for job seekers and employers alike.

Glassdoor competitors

Glassdoor had several competitors in the online job search and company review space. Some of the notable competitors include:

• Indeed: A popular job search engine that aggregates job listings from various sources, including company career websites, job boards, and staffing agencies.
• LinkedIn: A professional networking platform that also provides job listings and company reviews, allowing users to connect with potential employers and colleagues.
• Monster: An online job search platform that offers job listings, career advice, and company reviews.
• CareerBuilder: A job board and recruiting platform that provides job listings, company profiles, and career resources.
• ZipRecruiter: A job posting and applicant tracking platform that helps connect employers with job seekers.
• Comparably: A website that provides company reviews and salary data, allowing employees to compare compensation and workplace culture.
• Payscale: A platform that provides salary and compensation data for different job positions and industries.
• LinkedIn Salary Insights: A feature within LinkedIn that provides salary data based on job title, location, and experience level.

Glassdoor Achievements

Glassdoor had achieved several significant milestones and accomplishments since its founding in 2007. Some of the notable achievements include:

• Founding and Launch: Glassdoor was founded in 2007 by Tim Besse, Robert Hohman, and Rich Barton, and officially launched in June 2008 as a platform for anonymous company reviews and real salaries.
• Global Expansion: Glassdoor expanded its presence globally, reaching users in over 190 countries and offering localized websites in various national jurisdictions.
• Employees’ Choice Awards: Glassdoor introduced the Employees’ Choice Awards, ranking companies based on user-generated reviews to determine the best places to work each year.
• User Growth: Glassdoor rapidly grew its user base, attracting millions of users who rely on the platform for job search, company insights, and career-related information.
• Corporate Clients: The platform secured corporate clients, including a significant portion of the Fortune 500 companies, making it a valuable resource for employers and job seekers alike.
• Acquisitions: Glassdoor made strategic acquisitions, such as Love Mondays in Brazil, to expand its presence into new markets and regions.
• Positive Impact: Glassdoor played a crucial role in providing transparency in workplace experiences, empowering employees to share their insights and experiences anonymously.
• Technological Innovation: The platform continued to innovate, adding features like “Enhanced Employer Profiles” and job interview insights, enhancing the overall user experience.
• Social Impact: Glassdoor took a stand on social issues, announcing that it would no longer post job advertisements that exclude people with criminal records.

Glassdoor Contributions

As a prominent online platform, Glassdoor has made several significant contributions to the job market, employees, and employers. Some of its key contributions include:

• Workplace Transparency: Glassdoor has played a crucial role in promoting workplace transparency. By allowing current and former employees to post anonymous reviews about their companies, it provides valuable insights into the work culture, salaries, benefits, and overall employee experiences. This transparency empowers job seekers to make informed career decisions and encourages employers to foster positive work environments.
• Employee Empowerment: Glassdoor’s platform empowers employees to have a voice and share their experiences openly. By offering a platform to express their opinions without fear of retaliation, it encourages a culture of open communication within companies and helps in addressing workplace issues constructively.
• Job Search and Career Development: Glassdoor serves as a valuable resource for job seekers, providing them with access to millions of job listings and company profiles. Additionally, the platform offers salary data and interview insights, assisting candidates in preparing for interviews and negotiating job offers.
• Employees’ Choice Awards: Through the Employees’ Choice Awards, Glassdoor recognizes and honors companies that have created exceptional workplace cultures based on employee reviews. This recognition fosters healthy competition among companies to improve their work environments and employee satisfaction.
• Employer Branding and Insights: Glassdoor provides employers with an opportunity to showcase their company culture and employer brand through Enhanced Employer Profiles. This feature allows companies to add their own content, such as executive biographies, classifieds, and social media links, to attract potential candidates and build a positive employer image.
• Business Impact: For employers, Glassdoor offers insights into employee sentiment, which can help in understanding the strengths and weaknesses of their organizations. Companies can use these insights to make informed decisions, improve their work environments, and address areas of concern.
• Social Impact: Glassdoor’s commitment to promoting diversity and inclusion is evident through its policy not to post job ads that exclude people with criminal records. This move helps in reducing employment barriers and promoting a fair and inclusive hiring process.

Overall, Glassdoor’s contributions have transformed the way companies are perceived by employees and job seekers, promoting transparency and accountability in the modern job market.

Glassdoor Facts

Here are some interesting facts about Glassdoor:

• Founding: Glassdoor was founded in 2007 by Tim Besse, Robert Hohman, and Rich Barton.
• Anonymous Company Reviews: One of Glassdoor’s defining features is its platform for anonymous company reviews, where current and former employees can share their experiences without revealing their identities.
• Real Salaries: Glassdoor provides real salary data, allowing users to access information on average salaries for different job positions and industries.
• Global Presence: Glassdoor has a significant global presence, reaching users in over 190 countries and offering localized websites in various national jurisdictions.
• Employees’ Choice Awards: Each year, Glassdoor presents the Employees’ Choice Awards, ranking companies based on user-generated reviews to determine the best places to work.
• Parent Company: In 2018, Glassdoor was acquired by the Japanese company Recruit Holdings for US$1.2 billion. Despite the acquisition, Glassdoor continued to operate as an independent subsidiary.
• Enhanced Employer Profiles: Glassdoor introduced the “Enhanced Employer Profiles” program, allowing companies to add their own content to their profiles, including executive biographies, classifieds, social media links, and referrals.
• Social Impact: Glassdoor announced that it would no longer post job advertisements that exclude people with criminal records, promoting diversity and inclusivity in the hiring process.
• Verification Process: To maintain the authenticity of reviews, Glassdoor verifies that each review comes from real employees through technological checks of email addresses and screenings by a content management team.
• User Base: As of 2015, Glassdoor had over 30 million users and corporate clients, including one third of all Fortune 500 companies.
• Expansion into Latin America: In 2016, Glassdoor acquired Love Mondays to expand its presence and services into the Latin American market.

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