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GlassDoor

glassdoor.com

Founded Year

2007

Stage

Acquired | Acquired

Total Raised

$201.5M

Valuation

$0000 

About GlassDoor

Glassdoor is a transparent career community that is changing the way people find jobs and companies recruit top talent. Glassdoor offers members the latest job listings as well as access to proprietary user-generated content including company-specific salary reports, ratings and reviews, CEO approval ratings, interview questions and reviews, office photos and more. Members also have the ability to see Inside Connections at particular companies via their Facebook network. In addition, thousands of employers use Glassdoor's Talent Solutions to support their employment branding and recruiting efforts.

Headquarters Location

100 Shoreline Highway Building A

Mill Valley, California, 94941,

United States

415-382-2885

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Research containing GlassDoor

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned GlassDoor in 1 CB Insights research brief, most recently on Apr 1, 2020.

Expert Collections containing GlassDoor

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

GlassDoor is included in 1 Expert Collection, including HR Tech.

H

HR Tech

4,021 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

GlassDoor Patents

GlassDoor has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/28/2016

9/10/2019

Computer memory, Network protocols, Wireless networking, Data management, Diagrams

Grant

Application Date

6/28/2016

Grant Date

9/10/2019

Title

Related Topics

Computer memory, Network protocols, Wireless networking, Data management, Diagrams

Status

Grant

Latest GlassDoor News

Is College Worth It? How to Calculate Your ROI on College

Jan 23, 2023

January 23, 2023 - Advertisement - While the thought of taking on student loan debt makes many prospective students reconsider post-secondary education, the impact of a degree on future financial well-being far outweighs the pain of loan debt. A college degree represents a sound investment in your future earnings. The lifetime financial return makes an undergraduate education a sound investment. - Advertisement - Remember, college graduates earn, on average, 84% more over their lifetime than just high school graduates. While stories of successful college dropouts like Bill Gates encourage the notion that a bachelor’s degree is not worth the time or money spent, those entering the workforce without a degree face uphill battles. Once hired, degree-less employees may find their lack of a degree a barrier to future promotions and raises. - Advertisement - So, how do you know if college is worth it? Here’s how to dive in and watch. cost of college - Advertisement - Why do people go to college? There’s a lot of great value – learning, networking, building lifelong relationships. But the truth is that college costs money. And most students are going to college because they are trying to learn skills that will allow them to earn more money after graduation. stop? It sounds like an investment. because it is! Students are paying money first only to see a return on investment after graduation. It is also part of the student loan crisis today. A lot of students borrowed money for this investment, and the return on investment is not what they expected (thus making it difficult to repay the student loans they took out). What does the data show about the cost of college? Well, one of the most commonly cited pieces of data demonstrating the value of college comes from the Social Security Administration. “Men with bachelor’s degrees earn nearly $900,000 more in average lifetime earnings than high school graduates. Women with bachelor’s degrees earn $630,000 more. Men with bachelor’s degrees earn $1.5 million more in average lifetime earnings than high school graduates.” earn more. Women with bachelor’s degrees earn $1.1 million. More.” That’s a great data point – but it leaves out an important factor. How much did that person pay for that degree? It sounds amazing to suddenly earn $900,000 more in your lifetime (that’s about 45 years of working after college graduation). But what if you paid $900,000 for that degree? Is it worth it? Absolutely not. And that’s the crux of the issue – what is the lifetime incremental earnings worth in today’s dollars? net present value of lifetime earnings This is where the eye opens. It can also be a bit messy as we have to make some assumptions – like the rate of return/inflation. We also have to understand that all are not equal, all careers are not equal, etc. But it’s good to have some data points. Let’s calculate the net present value of both $900,000 and $630,000 in 45 years (this means you graduate college at age 22 and work until age 67). We’ll use a 5% return rate for our calculations. Net Present Worth for Men ($900,000): $100,167 Net Present Worth for Women ($630,000): $70,117 With this incredibly rudimentary calculation, we can see the value of college very easily. For a man, if you spend $100,000 on your college education, you’ll be on par for the rest of your life. If you’re a woman, that number is $70,000. If you spend less, you start getting positive ROI, if you spend more than that, your ROI becomes negative. Although here it gets a little scary. What if we used the more reasonable 8% return rate? The cost of college goes down significantly. Net Present Worth for Men ($900,000): $28,195 Net Present Value for Women ($630,000): $19,373 The truth is that the cost of college lies somewhere in between these two calculations. But you can see that if you spend a lot of money it really starts to become not worth it. So, how can you personally incorporate this into your college decision? Calculating Your College ROI The key to deciding whether college is worth it is simply to calculate your Return on Investment (ROI). Specifically, we’re going to look at how much you should be borrowing to pay for college. If you can afford to pay cash for your degree then it doesn’t matter if it’s worth it because you’re buying a luxury you can afford (yes, I know education as a luxury Must not be seen – but may pay cash for it to be). It’s only when you’re going into student loan debt that it really matters. It’s like buying a car to go to work. The goal is to work so that you can make money, and you need a car to get there. You can buy a really cheap old car – it takes you from your home to work. Or you can buy a brand new Mercedes. They both perform the same function – but one is much cheaper and has a better ROI. But if you have that much money and the price doesn’t matter, buy whatever car you want. But most Americans are not in that position – so we have to think critically about the cost and return on investment. So, the name of the game is to borrow only as much as makes financial sense. And that’s the amount: never borrow more than you expect to make your first-year post-graduate salary. “Never borrow more student loans than you expect to earn in your first year of graduate school.” So, if you plan to become an engineer and expect to earn $60,000 per year, don’t borrow more than $60,000 in student loan debt. If you want to be a teacher and expect to earn only $38,000 per year, don’t borrow more than $38,000. This is a very simple rule to understand, but it can be difficult to follow. There is also a lot of research today on understanding ROI. For example, the Foundation for Research on Equal Opportunity recently released a set of data calculating the ROI on 30,000 graduate degrees from various schools and programs. You can see the real answer is that college was worth it. RELATED: Where to Apply for College (Finding Financial and Academic Eligibility) How to understand what you will earn after graduation This one can be tough – but it’s where you have to start. What do you want to do after graduation and how much will you earn? It can be impossible to know when you’re 17 or 18. But you can (and you should, depending specifically on what area you want to visit) get a ballpark. Remember, only 27% of graduates have jobs related to their major in college, but it’s a good baseline of where to start. Once you have a ballpark, you can build a buffer around it. Want to go into education? See what low level teachers in your state make. Marketing? See what marketing jobs are available? Want to be a doctor? Well, I hope you talked to some doctors. If you don’t know where to find salaries, look at sites like Glassdoor and Indeed. Both sites have salaries and company reviews – which can be helpful for understanding a little more about the big companies in the industry you want to join. reduce tuition costs Research in-state school tuition as well as other low-cost programs. While the benefits of an Ivy League education can pay off in networking and career opportunities, it doesn’t make sense to overspend for those benefits. Find well-ranked, low-tuition options. You can choose a hybrid option of starting at a community college (which is free in 30 states), and then transfer to an in-state school after completing your general education requirements. Seek financial aid and scholarships. Funding is available to students of all abilities and financial backgrounds. With a little leg work, it is possible to reduce ballooning school tuition for a minimal cash investment. Don’t rule out working for a university, often employee benefits include free tuition in addition to a comfortable salary. Choose to live at home or rent a low-cost apartment off-campus. Reducing or eliminating room and board expenses can help limit the amount of student loan debt. RELATED: The Ultimate College Budget Guide speed up your studies Take AP courses in high school, or test through entry-level courses with options like CLEP. Choose a major and stick to core studies to prevent spending valuable tuition money on outside classes. Opt to take low-cost general education credit hours at a community college. Get ahead in your investments by graduating early and on time. Extending your stay in school only increases debt and postpones your ROI. In my case, I took as many AP courses as possible, and took AP exams each spring. As a result, I was able to start college because of the amount of credits I received for my AP classes, and I was able to graduate early (even though I changed my major). AP courses were the key to graduating early and saving a little on college costs. work through college Don’t be afraid to go out and work during school. Beyond the fact that you get paid and can use this money to offset the cost of your college education, working gives you amazing skills that you can transfer to any job after college. . For many college students, working in retail or a restaurant is a flexible way to find a job while still being able to balance their school schedule. Conclusion – Is College Worth It? maybe. Like any investment, you won’t know until you make it and start realizing the returns. But you can protect yourself by spending as little as possible. For example, reducing the amount of student loan debt you carry into adulthood creates a better foundation for future investing and personal wealth growth. While there are many paths to success, a bachelor’s degree is still a good option for those who want to make a solid living and be in financial comfort. The return on investment depends on students managing money wisely, making strong career choices, and backing up their diploma with discipline and work ethic. While loan debt sets students behind non-degree workers for the first few years of employment, the earning potential of people with college degrees is much higher than those who do not have college degrees. However, this only makes sense if you don’t spend a lot of money on that graduate degree. what do you think Is college worth the investment?

GlassDoor Frequently Asked Questions (FAQ)

  • When was GlassDoor founded?

    GlassDoor was founded in 2007.

  • Where is GlassDoor's headquarters?

    GlassDoor's headquarters is located at 100 Shoreline Highway, Mill Valley.

  • What is GlassDoor's latest funding round?

    GlassDoor's latest funding round is Acquired.

  • How much did GlassDoor raise?

    GlassDoor raised a total of $201.5M.

  • Who are the investors of GlassDoor?

    Investors of GlassDoor include Recruit Holdings, Sutter Hill Ventures, Battery Ventures, Tiger Global Management, CapitalG and 7 more.

  • Who are GlassDoor's competitors?

    Competitors of GlassDoor include Comparably, Fishbowl, TeamBlind, PayScale, Blendoor and 9 more.

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