Why Your Glassdoor Score is So Important

Accountability Management Organizational culture

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Story: Salesforce.com is flying high at the moment. It’s not intentionally in the award winning business, but it is cleaning up on “trophies” in a variety of prestigious and significant categories. The widely respected Great Place to Work organization has selected Salesforce as THE best place to work in both Canada and the U.S. They are also recognized as the most innovative organization in the world, which is impressive when competing against Apple, Google, Amazon, etc. At the GPTW conference in Toronto last week, a Salesforce executive, during her compelling presentation, pointed out that their research on employee retention was quite straightforward. They lost top talent to companies that had a higher Glassdoor score, and successfully recruited top talent from companies that had a score worse score than theirs. It is that clear and simple. Salesforce’s current Glassdoor score is 4.3 and Marc Benioff, the CEO, has a 97 percent approval rating. For most of the last six years, ATB Financial’s Glassdoor rating was 4.4, and CEO Dave Mowat had an amazing 99 percent approval. Last year, GPTW picked ATB as the No. 2 company to work for in Canada.

Key Point: If it can be rated, it will be rated. If it can be posted, it will be posted. To the extent one believes this premise to be true, what’s rated and posted on Glassdoor should matter greatly to leaders. According to its website, Glassdoor’s mission is: To help people everywhere find jobs and companies they love, through the power of transparency. The company’s numbers from Q1 2017, show 41 million unique users and 5,800 paying employer clients/partners. The average company rating is 3.3, on a five-point scale where 1.0 is very dissatisfied; 72 percent of employees rate their job/company “ok,” and the average CEO approval rating is 67 percent.

Glassdoor holds a growing database of millions of company reviews, CEO approval ratings, salary reports, interview reviews and questions, benefits reviews, office photos and more. Most of this information is shared by those who know a company best — the employees. Add to that millions of the latest jobs — the site allows you to see which employers are hiring, what it’s really like to work or interview there according to employees, and how much you could earn. According to the website, what differentiates Glassdoor from other recruiting channels is the quality candidates and the company’s influence on candidates’ decisions as they research jobs and companies.

Glassdoor’s transparency and integrity is vital, and has to be above being manipulated by trolls, bots, etc., where it might be gamed or faked. From my understanding, they have done a great job in this regard. While smart companies work at proactively encouraging favorable reviews, and are able to respond to negative comments, Glassdoor’s ratings and results are very real and demand serious attention. Would you work for a company that was more or less than___? What’s your minimum number?

Personal Leadership Moves:

  1. Be aware of your company’s Glassdoor score.
  2. Read the rating/reviews, and have the leadership courage to non-defensively discuss both openly.
  3. Have a Glassdoor strategy. Not for the purpose of strategic trickery, but to really know and understand what current, past, and prospective employees are publicly declaring on this important platform. Then take action accordingly.

Aspiration: Higher than 4.5 on Glassdoor in Personal Leadership, 

– Lorne

One Millennial View: Glassdoor is definitely a useful window into what to expect from the company you might work for. I’ve been surprised to see some of the low, and high numbers from a variety of workplaces. Like with all social media, bots and trolls are likely involved, but if we Millennials are good at anything, it’s filtering through electronic nonsense.

– Garrett

Edited and published by Garrett Rubis.

 

FUD Yourself!

Abundance Authenticity Organizational culture

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Story: The picture of the guy I’m hanging with above is Michael Katchen, the co-founder and CEO of Wealthsimple. He is one of Canada’s scintillating young leaders: Top 40 under 40, MBA, McKinsey alum, instrumental leader at Ancestry.com, and now heading one of the hottest robo-financial advising firms in North America and the UK. He has done a lot to build a very modern company and culture. I heard him speak about Wealthsimple’s inspiring purpose and values at the Great Place to Work conference I had the honor of hosting in Toronto this week. He noted almost as a “throw away idea,” that once a week he has “FUD Day” for the entire company. What is FUD Day? And why does Michael do it?

Key Point: More than ever, emotional/psychological safety is taking on much greater importance and focus within leading organizations. This is understandable in that work/life is becoming more integrated than ever, and exponential change/disruption has enveloped us all. There is just more volatility, uncertainty, complexity, and ambiguity (VUCA) in the world. So, what is emotional or psychological safety? The definition according to one eminent scholar, William Kahn, is: “A shared belief that the team is safe for interpersonal risk taking. It can be defined as ‘being able to show and employ one’s self without fear of negative consequences of self-image, status or career.’”

In psychologically safe teams, members feel accepted and respected. Creating conditions for emotional safety does NOT invite complacency or entitlement. On the contrary, it is fundamental for meaningful inclusion, a sense of belonging, and an environment of sustainable innovation. No less than four current research based works I am aware of, (although I know there are many more), reinforce the vital nature of intentionally establishing the foundation of emotional safety and well-being: Google’s extensive study on teams, Daniel Coyle’s work in his recent, excellent book, “The Culture Code,” the Great Place to Work For All, research as emphasized in their analysis with well known behavioral economist Dan Ariely, and in Tasha Eurich’s terrific, “Insight.” All the data, which makes total intuitive sense, reinforces the idea that if people are fearful, they just can’t do their best. Yet, my experience is that many leaders have not given sufficient attention to this matter. I think that executives have become more anxious/pressured to increase performance through bringing in the right DNA (aka replace “underperforming” people more often), and also because I’m not sure they know what else to do to get results. The long standing idea to counter workplace anxiety, is that we tell the “survivors” that they’re “ok” after a round of firings. I actually believe, that while well intended, this is disingenuous. We all know this year’s super stars, including each of us, might be replaced next year for whatever reason. Furthermore, creating an emotionally safe culture goes way beyond the concept of job security. We all know that there is no such thing as pure job security, and that’s part of the issue. So what can we do about intentionally taking steps to create conditions for greater emotional safety in our organizations?

At a minimum, we need to consciously recognize that people at all levels, must be able to work in an environment where they are invited to openly express their views in a supportive, accepting atmosphere. Of course, that doesn’t mean that we’re all in agreement on things. However, respectful listening and frank dialogue are BOTH necessary ingredients. The conversation is indeed the relationship.

And now back to FUD. At Wealthsimple, it stands for Fear, Uncertainty or Doubt. On FUD Day, Katchen simply reads out any FUD he has received (which he intentionally invites to be sent directly to him beforehand) to the entire company. He encourages transparency ,and that people self-identify. Anonymous FUDS are also accepted. What’s unique about this process is that neither he nor anyone answers or offers a solution to the FUD at the time of disclosure. It is simply read out, a momentary pause is taken after each one, and they move to the next. Just the idea that one is invited to express a FUD and that ALL people openly hear it, adds to the emotional stability of the company. The CEO admits some are hard to read, and that he has to bite his tongue occasionally. Still, that’s the key, a non-judgmental acceptance of any FUD. It’s a great example of one small step for creating a more emotionally healthy atmosphere.

Personal Leadership Moves:

  1. Learn/read more about the role both leadership and team members have in creating a truly emotional/psychological/physically safe environment.
  2. Why not try applying a FUD process? I am going to try it.
  3. Ask for feedback first! Lead the way. The very act of asking sets an example.
  4. Think of increasing the use of “YES, AND,” rather than “NO, BUT.”  
  5. Celebrate well intended failures with authenticity.

Addressing FUD in Personal Leadership,

Lorne

One Millennial View: I think this is an outstanding concept. It makes sense that anyone in a workplace has plenty of fears, uncertainties and doubts, and if we’re able to just “rip the band-aid” off by addressing them from the top, then how great is that? I just would hope that FUD Day doesn’t turn into “Why does George in Accounting have to eat tuna and hard boiled eggs at his desk every day?”

– Garrett

Edited and published by Garrett Rubis

 

My Company. Want to Join?

Accountability Organizational culture Purpose

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Story: So how are we doing in terms of creating great places to work? The following are stats for the U.S. as of 2017. (Let’s assume for the purpose of this blog, that the numbers for Canada and Europe are in the same ballpark).

51 percent of the U.S. workforce is not engaged (Gallup).

Disengaged employees cost organizations between $450 and $550 billion dollars annually (The Engagement Institute).

16 percent of employees said they felt “connected and engaged” by employers (EmployeeChannel).

There’s a lot more data, and little of it is sterling in terms of really positive trends. We don’t seem to be making much progress creating great workplaces.

Key Point: Most organizations are still struggling to create workplaces where participants are treated as fully functional, self-accountable, highly capable, trustworthy, well-intended adults. When one stand backs and looks at most institutional structures and processes, you realize they were built for an industrial era rather than modern one. How would you like to work for an organization that had the following attributes? 

  1. Purpose matters most. You join because you want to make the purpose more true everyday. Not just for a job. WHY the company exists, is clear, inspirational, and advances humankind. 
  2. Three values drive every part of the company; Self Accountability, Respect and Abundance. Every day starts for all with a quick reflection on the purpose and values.
  3. The business model constantly evolves to achieve the purpose. People are always first AND focused totally on how everything they do impacts the customer experience.
  4. Jobs and roles are fluid. Expectations are clear at both the individual and team level. Work constantly pivots to get the right stuff done for the customer.
  5. Every development conversation is aimed at helping people do what they’re good at, passionate about, and how value is created.
  6. Each leader is publicly rated by all, daily. The results are transparent and there for everyone to see. The same goes for each team member. There are NO stupid annual performance reviews. Results and behaviors are transparent, respectful, candid and deeply appreciated. When trends are negative, people are expected to reach out for help. All team members need to help and move the trend in a positive direction. Peer coaching in the context of work, is an everyday practice.
  7. Anyone can leave the company with a fair, pre-determined severance package at any time. Every team member has total control. The organization can also remove anyone at anytime with the same formula. No any one person can hire or fire (unless an egregious act of disrespect requires an immediate firing). Both hiring and firing is done after careful data-driven assessments by a small panel of team members.
  8. Pay and compensation benefits are fully transparent, and on a platform designed for a person of one, based on individual changing needs. 10 percent of all compensation is added for personal learning investment determined by each employee at their discretion. 
  9. Personal Time Off and vacation is determined by each person. Take what you need, when. Of course, the company values are thoughtfully applied. Employees are considerate and keep the impact to team members, customers and results in mind.
  10. Health care is aimed totally at keeping people healthy in every way. No designated sick time off. Take what’s needed. Stay as healthy as possible.
  11. Work where, when, and how you need to for the best results. Dress code is what helps you get stuff done.
  12. There is an annual profit share open and transparent to all. The more profit, the more everyone wins.
  13. Don’t be an ass.
  14. Ensure the customer becomes your best advertiser. 

Leadership Moves:

  1. Seriously consider the framework and rules behind the way you work. Do they make sense? Would you work for a company with the above framework? Why? Why not?

Loving and advancing humans everyday,

Lorne

One Millennial View: I think everyone can be extremely attracted to the autonomy, freedoms, and values that this company offers. We Millennials, especially, would need to keep in mind that this also requires a ton of discipline, transparency and honesty. Perhaps at a more extreme level than we’re used to. How long till answering No. 6 above just turns into a “yeah yeah, everyone’s performing great,” when maybe they’re not? How long till that negatively affects No. 12? This is an inspiring system, but is human nature ready for it? If not, let’s individually ask ourselves what we need to do so we can be. 

– Garrett

Edited and published by Garrett Rubis

 

Homegrown Feelings, TRUST & Great Organizations

Accountability Organizational culture Teamwork

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Story: Last week I sat with nearly 40 people, each of whom run a small business in towns across southern Alberta, Canada. We gathered in a circle, and each participant shared a story about their beautiful little communities. They lovingly described the way people are mostly there for each other, how neighbors TRUST, put each other first, often greet with a hug, and personally connect before any business is transacted. Of course, not everything is perfect in small town life. People know each others’ business, small town politics, etc. Their stories made me a little homesick for these “homegrown” feelings. Coincidentally, I concluded the week visiting one of our smallest bank branches in the wonderful town of Daysland (pop. 824 people), where I also ran into a teammate from my college football days. For 40 years, he was the town pharmacist and proudly showed me around his former store and the world class medical clinic he was generously instrumental in developing for the greater good of the community. This overall experience made me pause… What did it teach me about expectations we might have for aspiring organizations?

Key Point: Great companies and institutions are often like the very best of these outstanding little towns. Yes, people are there for themselves, yet they thrive with meaningful purpose in advancing the community at large.

During the same week, I sat on a panel with the CEO of Edelman Canada, a leading journalist, several other execs, and a host of invited leaders to discuss the results of Edelman’s (world’s largest PR agency) annual Trust Barometer (33k respondents in 28 world markets). The Trust index conclusions are fascinating and concerning. To sum it up, trust is eroding amongst all institutions in most western democracies (a startling drop of 23 points in America). More than ever, especially in Canada, the US and Europe, there is a vacuum inviting business to urgently step up in leadership, while advancing trust amongst ALL stakeholders, not just shareholders. 

Personal Leadership Moves:

  1. If you’re an executive leader, you must have the courage to create an organization purpose that really matters because living it clearly advances humankind. Additionally, you must create a sense of TRUST throughout the entire organization community and its ecosystem. Decisions about who fairly continues to be a member or not, is part of the hard work in maintaining that trust.
  2. If you’re an organization participant, not just a formal leader, you have a responsibility to be part of creating an environment of trust as well. Each of us is a vital part of the “village.” Ideally, going to work feels somewhat like living in a great little town… We feel at home.

P.S. You may enjoy listening to the Zac Brown song titled “Homegrown.” For me, it captures some of this feeling.

Homegrown in Personal Leadership,

Lorne  

One Millennial View: I completely agree that humans perform best when working in small tribes. That’s kind of what thousands of years of evolution has ingrained in us. There should be as much diversity, opposing views, different backgrounds, various upbringings and experiences as can be in these groups, but common values and purpose are what small towns really thrive on. And that’s what I want in an organization too. 

– Garrett

Edited and published by Garrett Rubis

 

Getting Flatter Than Ever

Abundance Organizational culture Transformation

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Key Point: Familiar vertical leadership models are rapidly disappearing. As business models are being disrupted, so are the organizational structures many of us have grown up with. Modern companies are recognizing that new, collaborative communications and productivity tools along with the serious need for more adaptive, agile, and innovative cultures are quickly turning org charts inside out. The idea that people progress from worker to supervisor to manager to director to exec director to maybe VP is going bye-bye. Why? Connecting problems to solutions and necessary information flow is way too slow if it has to move up, down and across functions. If formal leadership is essentially command and control, is it really adding value? I don’t think so.

New leadership models like Holacracy and Agile are getting traction. These emerging leadership and governance principles involve much broader spans of control, more team/individual autonomy, accelerated peer-to-peer initiatives/coaching, teaming versus teamwork, and more. The thought that formal leaders have a few direct reports who they provide day-to-day direction is both inefficient and not adding value. It may make sense that formal leaders have at least 25 or more direct reports. These leaders would then have to focus on value added strategic support instead of daily direction. Who reports to whom becomes much less important than who is best equipped to get things done.

Personal Leadership Moves:

  1. Ask yourself the hard questions as what value formal leaders in your organization really add. What’s the evidence? Is your leadership structure most efficient?
  2. What do you really need from a leader? Are you getting that? If not, what better contribution might you receive? From who? How often?
  3. Consider whether technology/skills/attributes are coming together for more autonomous, and greater contributions for all. How might we unleash that?

Unleashing all in personal leadership,

Lorne

One Millennial View: This is interesting. It seems to me that most Millennials can get on board with more autonomy, and it’s fine if the typical progression or “ladder climbing” is done differently. But most importantly, there are still ladders that we want to ascend, so it would be great if whatever new leadership platforms take over still have an avenue to promote, compete, grow and succeed.

– Garrett

Edited and published by Garrett Rubis