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Funny Business
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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
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] GM [GM
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] 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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Data is a real-time snapshot *Data is delayed at least 15 minutes