Do happy employees make for happy stock returns?
In the case of the firms honored in Glassdoor’s most recent “Best Places to Work” list, that appears to be true. Our analysis of the data underlying the rankings found that on average, the year-to-date stock return for the 27 large public companies on the Glassdoor list was 15.0%. (The median was also 15%.) That handily outpaced the 9.7% return for the S&P 500 during the same period.
The Baha Men.
In April 2001, Battery published this blog post about the dawning age of scale-out computing and huge datacenters. This was pre-VMWare and pre-Amazon Web Services. The piece outlined an investment thesis that led to the formation of BladeLogic, a seminal, datacenter automation company Battery helped create and build.
Like many companies, Dell ignored Glassdoor at first. Wasn’t Glassdoor a social platform for people to just complain about their jobs? Isn’t it a small site with users just based in the United States? Wouldn’t directly engaging with users that had negative experiences open us up to even more criticism? After committing to a partnership with Glassdoor over 18 months ago, our experience has been dramatically different.
Two of the biggest trends in corporate IT today are BYOD—the “bring your own device” preference of employees who want to use their own phones and tablets at work—and software delivered as a service (SaaS). But those two trends are creating a huge security headache for companies. And no one, to date, has been able to cure it.
On Oct. 30, Battery General Partner Itzik Parnafes took part in a panel discussion about trends in financial technology at the annual Ernst & Young Journey conference in Tel Aviv. Participants at the event–billed as Israel’s largest business conference–debated just how much, and how quickly, the financial industry will be disrupted by new technologies.
Nitro Software COO Gina O’Reilly with company CEO Sam Chandler.
Fairly or unfairly, ‘traditional’ human resources conjures images of problems, paperwork, and processes with an unhealthy amount of bureaucracy and red tape.