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Current DateTime: 09:44:19 05 Jul 2009
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Jan.05
4:09 PM ET
Monday, 5 Jan 2009
Chrysler Workers Feel "Hopeless" (Pt 5)

It's not just white collar bankers and tech types reviewing their companies and CEO's at www.Glassdoor.com, a web start-up I've been blogging about all day. A growing number of users work on the assembly line in Detroit. I first mentioned this in a post last month, which is when I first discovered the Glassdoor web site.

I was so intrigued by the site that I went up to the firm's Bay Area headquarters recently and spoke with CEO Robert Hohman. In this clip he compares and contrasts the way people who work at the Big 3 auto makers feel about their companies, versus the ratings given those firms by Wall Street analysts. Usually employee sentiment and analysts' ratings are similar. Turns out that is not always the case in Detroit.

And then there are the CEO approval/disapproval ratings. Glassdoor users rate CEO's on a scale of 1 to 5. A rating of 1 or 2 goes into a "disapproval rating", while a score of 4 or 5 goes into an "approval rating". A score of 3 is neutral. So here are the the approval and disapproval ratings for the CEO's of Ford [F  Loading...      ()   ] GM [GM  Loading...      ()   ] and Chrysler.

                                   APPROVAL              DISAPPROVAL

Ford's Alan Mullaly         63 percent                13 percent

GM's Rick Wagoner        45 percent                33 percent

Chrysler's Bob Nardelli    19 percent                64 percent

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