REPORT: Approval Ratings For Facebook, Zuckerberg Rise In Year Following IPO Vs. Prior Year

With the one-year anniversary of Facebook’s initial public offering coming up Saturday, social jobs and career community Glassdoor looked at the 12 months before and after the IPO and found that the company rating for Facebook and approval rating for Co-Founder and CEO Mark Zuckerberg have risen, as have salaries for software engineers, but the social network’s senior management rating has taken a hit.
Facebook company rating for the 12 months following the IPO was a 4.7, or very satisfied, up slightly from a 4.6 prior to the company going public, according to Glassdoor.
Zuckerberg, meanwhile, saw his approval rating as CEO soar to 99 percent from 95 percent.
And the average base salary for software engineers rose to $119,262 post-IPO to $112,193 pre-IPO.
However, the rating for the social network’s senior management fell slightly, to 4.0 from 4.3 in the year leading up to the IPO.
Glassdoor shared comments from two employees. A software engineer based at its headquarters in Menlo Park, Calif., said:

Facebook is also a mission-focused organization, in the same sense that the military or a relief agency is. Most employees understand the goal of the company to be larger than just making its employees and shareholders materially successful.

And an employee at the company’s European headquarters in Dublin added:

The post-IPO scramble has made many lose confidence in the forward thinking and strategy of top-level management. Lower-level management often lacks the skills or will to deflect from the increasing corporate politics.