Synopsis Great Place To Work Methodology
Synopsis Great Place To Work Methodology
The organization in charge of this study is Great Place Institute (GPTW from now on). They base their results in two different indexes:
Trust Index: a score taken from the surveys given to the employees. It takes into consideration five aspects from the employee point of view:
TRUST: subdivided in FAIRNESS, CREDIBILITY and RESPECT.
CAMARADERIE.
PRIDE.
Culture Audit: a score given by GPTW which details the opinions of the company’s work environment. “…They would interview senior leaders, conduct employee focus groups, tour the facilities, take photos, eat lunch in the company cafeteria, and more…”
GPTW does not consider both scores to be weighted equally; the Trust Index is 2/3 of the final score and the Culture Audit is 1/3. That means that taking a good score or giving a good impression to the representatives of GPTW will not grant the company a spot in the Best Workplace list. The most important issue is what the employees think about the company.
The employees’ opinions are best shown in when results of the smaller companies are compared. Even though the biggest companies use to have better scores in the Culture Audit, smaller ones trend to tighten the relations between employees and managers in a better way than the multinationals or the large companies. Due to this, they have a better score in the Trust Index and are considered better than the larger companies.
The conditions for being a candidate for the European Best Workplace List are as follows:
To be one of the 50 Small & Medium companies:
50 to 500 employees.
To appear on one of the 18 national Best Workplaces in Europe.
To be one of the 25 Large Companies:
+500 employees.
To appear on one of the 18 national Best Workplaces in Europe.
To be one of the 25 Multinationals companies:
At least 1.000 employees on global level.
40% of the company’s global workforce must work outside the company’s headquarter country.
Must be listed on at least
The organization in charge of this study is Great Place Institute (GPTW from now on). They base their results in two different indexes:
Trust Index: a score taken from the surveys given to the employees. It takes into consideration five aspects from the employee point of view:
TRUST: subdivided in FAIRNESS, CREDIBILITY and RESPECT.
CAMARADERIE.
PRIDE.
Culture Audit: a score given by GPTW which details the opinions of the company’s work environment. “…They would interview senior leaders, conduct employee focus groups, tour the facilities, take photos, eat lunch in the company cafeteria, and more…”
GPTW does not consider both scores to be weighted equally; the Trust Index is 2/3 of the final score and the Culture Audit is 1/3. That means that taking a good score or giving a good impression to the representatives of GPTW will not grant the company a spot in the Best Workplace list. The most important issue is what the employees think about the company.
The employees’ opinions are best shown in when results of the smaller companies are compared. Even though the biggest companies use to have better scores in the Culture Audit, smaller ones trend to tighten the relations between employees and managers in a better way than the multinationals or the large companies. Due to this, they have a better score in the Trust Index and are considered better than the larger companies.
The conditions for being a candidate for the European Best Workplace List are as follows:
To be one of the 50 Small & Medium companies:
50 to 500 employees.
To appear on one of the 18 national Best Workplaces in Europe.
To be one of the 25 Large Companies:
+500 employees.
To appear on one of the 18 national Best Workplaces in Europe.
To be one of the 25 Multinationals companies:
At least 1.000 employees on global level.
40% of the company’s global workforce must work outside the company’s headquarter country.
Must be listed on at least