Technology, Insurance and Finance Chief Executives Dominate Top 25
MILL VALLEY, Calif., June 20, 2018 /CNW/ -- Glassdoor, one of the world's largest job and recruiting sites, today announced the winners of its annual Employees' Choice Awards, honoring the Top CEOs in 2018 across North America and parts of Europe. Unlike any other workplace award, the Glassdoor Employees' Choice Awards are based on the input of employees who voluntarily provide anonymous feedback by completing a company review about their CEO's leadership, along with insight into their job, work environment and employer over the past year.
This year, the Glassdoor Employees' Choice Awards for the Top CEOs feature six distinct company categories across the U.S., Canada, UK, France and Germany. In Canada, Glassdoor has revealed the 25 Top CEOs, honoring CEOs at employers with 1,000 or more employees. Winners are ranked based on their overall approval ratings from employees during the past year.
"Winning a Glassdoor Top CEO award is a true acknowledgement of exceptional leadership, as it reflects the opinions of the employees who work with a chief executive every day. I congratulate all of this year's winners on this significant achievement," said Robert Hohman, Glassdoor co-founder and CEO. "It can be a real recruiting advantage to have a top-rated CEO at the helm of a company who has strong support from his or her employees. The best CEOs are inspiring, trustworthy, innovative and can be great motivators for people to bring their best selves to work."
Glassdoor's 25 Top CEOs in Canada list features winning chief executives across diverse industries spanning technology, finance, insurance, gaming and more. Salesforce's Marc Benioff now ranks as the No. 1 CEO in Canada (99 percent approval), previously debuting on the list at No. 4 in 2017. Brookfield Renewable's Sachin Shah (No. 2, 99 percent approval) is among 14 CEOs debuting as one of Canada's 25 Top CEOs, along with CPP Investment Board's Mark Machin (No. 9, 98 percent approval), STEMCELL Technologies' Allen C. Eaves (No. 13, 97 percent approval) and Harris Computer's Jeff Bender (No. 15, 95 percent approval). One woman CEO appears on the list, KPMG's Lynne Doughtie (No. 6, 98 percent approval).
This year, there are 15 CEOs who are recognized by employees in multiple countries, including only one CEO who has made five lists — Microsoft's Satya Nadella (U.S. Large, Canada, UK, France, Germany) — and one who has made four lists — SAP's Bill McDermott (U.S. Large, UK, Canada, Germany).
Three other CEOs on the Canadian list also appear on other country lists: Salesforce's Marc Benioff (U.S. Large, Canada and UK), KPMG's Lynne Doughtie (U.S. Large, Canada and France) and Apple's Tim Cook (U.S. Large, Canada and UK).
When employees submit reviews about their employer on Glassdoor, they are asked to rate several factors tied to their employment experience, including sentiment around their CEO's leadership, in addition to rating workplace attributes like senior management, among others. Specifically, when rating their CEO on Glassdoor, employees are asked to report whether they approve, disapprove or are neutral about the performance of their CEO.
Among the more than 770,000 employers reviewed on Glassdoor, the average CEO approval rating is 69 percent.
Employees' Choice Award winners for the 2018 Top CEOs in Canada are determined using Glassdoor's proprietary algorithm, taking into account the quantity, quality and consistency of Glassdoor-approved company reviews shared by Canada-based employees between May 2, 2017 and May 1, 2018. At a minimum, employers considered for the large list must have received at least 25 company reviews, including at least 25 CEO approval ratings and at least 25 senior management ratings, during the eligibility period. For reporting simplicity, CEO approval ratings are displayed as whole numbers, though calculations extend beyond the thousandth place to determine final rank order. Complete award methodology can be found and downloaded here:https://www.glassdoor.ca/List/about-employees-choice-awards.htm
WHAT MAKES A GREAT CEO?: According to a study from Glassdoor Economic Research, highly rated CEOs are statistically linked to companies with great cultures. Among measures of company culture, the biggest driver of high CEO approval ratings is employee satisfaction with senior leadership. The study also reveals a strong link between CEO approval rating and financial performance.
About Glassdoor Glassdoor combines all the latest jobs with millions of reviews and insights to make it easy for people to find a job that is uniquely right for them. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like job advertising and employer branding products. Launched in 2008, Glassdoor now has reviews and insights for 770,000 companies located in more than 190 countries. For more information, visit glassdoor.ca.
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For further information: North America: Scott Dobroski OR Sarah Stoddard; [email protected], http://www.glassdoor.com