Glassdoor, a Sausalito, Calif.-based job-listing website, has announced its annual list of the “Best Places to Work 2014,” in which Apple (NASDAQ:AAPL), one of the world's most valuable companies, slid more than two-dozen places to be ranked 35, based on reviews from the company’s employees.
While Bain & Company once again took the No. 1 spot on the overall list, Twitter made it to the top of the technology companies' rankings. Apple, which secured the No. 10 spot on Glassdoor’s list in 2012, earning a rating of 3.9 out of 5, fell to No. 35 in a list of 50 U.S. companies, despite dropping only 0.1 points (3.8 out of 5) on a five-point rating scale.
“The 2014 Employees’ Choice Award winners were determined based on employee feedback shared on Glassdoor via an online company review survey,” an official statement read. “As part of the company review survey, employees share what it’s like to work at their company by rating their overall satisfaction as well as workplace factors like work-life balance, compensation, benefits and career advancement opportunities.”
According to Glassdoor, the list was prepared based on responses from more than 500,000 company reviews that came in over the past 12 months. Apple's score is the result of an average taken from 2,557 ratings.
The “Review Highlights” section, which produces snippets from recurring keywords found in individual reviews, provided two "Pros" and two "Cons" of working at Apple:
"The pros are that you work with great people with great hours and great benefits"
"You get to meet a lot of great people since you are always in the public eye"
"Being relentlessly driven also means it is not easy to achieve work/life balance"
"Sometimes long hours because of product launches, but thats the best part of apple"
Overall, Boston-based Bain & Company reclaimed the top spot it held in 2012, followed by Twitter (NYSE:TWTR) and LinkedIn (NYSE:LNKD), which scored 4.6 points each. While Twitter took the top honor as the best place to work among 22 tech firms, LinkedIn and Facebook (NASDAQ:FB) rounded out the top three in the category. Apple was the 16th-best tech company to work for.
For Twitter, the "Pros" and "Cons" went something like this:
"Colleagues are extremely smart people that you would grab a beer with them"
"Great people, like a family, that are passionate about growing Twitter to help everyone"
"With growth comes some minor growing pains as more people fit into the organization"
"Starting to feel like a big company, losing the startup feel"
Check out the complete list of the 50 companies here.