MAY 1 UPDATE: Due to COVID-19’s impact on the job market, Glassdoor will not publish its Top CEOs award for 2020. Instead, Glassdoor is reallocating resources to provide as much support as possible now and in the coming months for the millions of people around the world who have unexpectedly found themselves looking for work.
Is your Chief Executive Officer (CEO) an extraordinary leader who employees love to work for? If so, you can help your company and your CEO win a Glassdoor Employees’ Choice Award for the Top CEOs in 2020.
Today, Glassdoor is excited to share the Top CEOs awards criteria for 2020 to help employees and employers better understand what it takes to be considered.
Unlike other workplace awards, there is no self-nomination process or cost involved. To win a Glassdoor Employees’ Choice Award, winners are determined based on feedback provided by those who really know a CEO best — their employees. If employees don’t share reviews on Glassdoor during the year-long eligibility time frame, a CEO cannot be considered. That’s why we encourage all employees to share a review today.
When providing a company review, employees are asked to share their opinion on some of the best reasons to work for their employer (pros), any downsides (cons) and are encouraged to provide advice to management. Employees are also asked to rate several factors tied to their employment experience, including sentiment around their CEO’s job performance, in addition to rating workplace attributes such as senior management, among others. Specifically, when rating their CEO on Glassdoor, employees are able to choose from one of three options: approve, disapprove or no opinion of the CEO.
For the Employees’ Choice Awards recognizing the Top CEOs in 2020, Glassdoor will feature six distinct categories in five countries. For each category, company reviews and ratings from current and former employees will be considered between May 2, 2019 and May 1, 2020. Reviews submitted after May 1, 2020 will be considered for next year’s Top CEOs award.
While Glassdoor accepts reviews from former employees within five years of leaving a company, only reviews from former employees who have left the company in 2019 or 2020 will be considered for the Employees’ Choice Awards for Top CEOs.
In addition, each list of winners is based on local-employee feedback shared on Glassdoor. For example, reviews from U.S.-based employees will be used to determine if a CEO is eligible for a U.S. list, while reviews from UK-based employees will be used to determine if a CEO is eligible for the UK list. A CEO can win a Top CEO award in multiple countries.
To determine the 2020 winners, quantity, quality and consistency of reviews and ratings will be taken into account during the eligibility time frame. The following information sheds more light on these three areas:
1. For quantity of reviews, a minimum number of ratings are required across two leadership attributes that employees can rate when submitting a company review. They include CEO job performance and senior management. If there are not enough ratings across both or either of the two leadership attributes, a CEO will not be considered. As part of the algorithm developed by the Glassdoor Economic Research team, a CEO’s job performance is mostly taken into account, along with other factors including an employer’s senior management rating.
To be considered for a specific category, a CEO and employer must meet the following requirements during the eligibility time frame:
100 Top CEOs – U.S. large companies: At least 100 ratings across the two leadership attributes from U.S.-based employees; at least 1,000 employees at the end of the eligibility time frame.
50 Top CEOs – U.S. small & medium companies: At least 35 ratings across the two leadership attributes from U.S.-based employees; fewer than 1,000 employees at the end of the eligibility time frame.
50 Top CEOs – UK: At least 35 ratings across the two leadership attributes from UK-based employees; at least 1,000 employees at the end of the eligibility time frame.
Via: Glassdoor Blog