Overstock.com Tops in Satisfied Employees

December 4, 2010  by in UnCategorized   

By Home Furnishings Business in Internet on December 5, 2010

Online retailer Overstock.com (NASDAQ: OSTK) ranked tops in employee satisfaction in a Glassdoor.com survey commissioned by Forbes magazine.

The Salt Lake City-based company earned high marks for its fun, relaxed work culture. CEO and Chairman Patrick M. Byrne earned a 92 percent employee approval rating, the highest of any retailer on the survey list.

"This ranking is a very nice recognition for our company culture," said Overstock.com President Jonathan Johnson. "We focus on making Overstock.com a place that our employees look forward to coming to each day. Our motto is 'We save people money,' and we have a lot of fun doing it. It is great working at a place where people put aside office politics and just get the job done. This award is a reflection of how Patrick cultivates the Overstock.com culture from the top down."

The survey ranked employers based on criteria such as "career opportunities," "communication," "compensation & benefits" and "employee morale." Collected from current and employee feedback since June 2008, the study ranked brands that had at least 20 reviews or more over the last 30 months.

Overstock.com currently employs more than 1,500 people.  Its corporate office, two warehouses and two call centers are all located in the greater Salt Lake City area. The retailer recently earned another top ten ranking in a customer service survey conducted by the National Retail Federation and American Express.  Overstock has earned the number two spot in this same survey for the past two years.