Riverbed Ranks Third in Glassdoor Employees' Choice Awards 2013
Ranks Second Overall Among Technology Companies
SAN FRANCISCO—December 12, 2012— Riverbed Technology (NASDAQ: RVBD), the performance company, has been named a top three Best Place to Work for 2013 in the Glassdoor Employees' Choice Award. In its fifth year, the Employees' Choice Awards rely solely on the input of employees, who provide feedback on their job, work environment, and company through Glassdoor's anonymous online company review survey. Riverbed® ranked third out of close to half a million global companies rated by their employees, and second overall among technology companies.
During the past 12 months employees submitted anonymous reviews to Glassdoor to help put their employers in the running for the award. The Glassdoor company review survey asks employees to rate their satisfaction with the company overall and key workplace factors like career opportunities, compensation and benefits, work/life balance, senior management, as well as culture and values. The overall rating is based on the cumulative average rating from US-based employees who elected to participate in the survey between November 23, 2011 and November 13, 2012.
Employees gave Riverbed an overall 4.5 out of five stars. In the reviews, employees applauded the company for creating a great atmosphere, picking a great headquarters location and offering great benefits. Employees also noted the excellent leadership team that knows how to get things done and keep employees energized. Management was recognized for caring for the staff, respecting the staff, and not micro-managing. Employees who responded also highlighted the many opportunities for career advancement within the company. Additional response highlights include:
99 percent approved of the President and CEO Jerry Kennelly
93 percent of employees who participated in the survey recommended Riverbed as a great place to work to a friend
67.4 percent gave a company rating of very satisfied or five out of five stars
Riverbed employees gave the most favorable rating for culture and values (nearly five stars), followed closely by work/life balance (four plus out of five stars) and senior leadership (four plus out of five stars) while career opportunities and compensation and benefits closely followed (with scores of four out of five stars)
"Riverbed is honored to be ranked third overall by employees in the Glassdoor Employees' Choice Award. The hard earned mutual respect between our employees and our leadership helps set the foundation for a great place to work. We take great pride in taking care of our employees as they are truly the key to our success. Our people bring new ideas to the table that improve efficiencies within the company and help drive innovation in our expanding product lines enabling our customers to transform their business capabilities for their globally connected enterprises."
- Mike Guerchon, senior vice president of employee services at Riverbed
"The Glassdoor Awards symbolize employees' support for how their employers operate, drive culture, and foster success. Companies on the 2013 list tend to see high marks for career advancement opportunities, clear company vision, and a sense of respect among colleagues."
- Robert Hohman, co-founder and CEO of Glassdoor
The pride, expertise, and innovation that are built into performance solutions are an integral part of who Riverbed is. In July 2012, Riverbed was named one of San Francisco Bay Area's Top Workplaces for 2012 by the Bay Area Newspaper Group and was also recognized in April 2012 by the San Francisco Business Times, Silicon Valley/San Jose Business Journal and its employees as one of the Best Places to Work in the San Francisco Bay Area for the third consecutive year.
About Glassdoor Glassdoor is a jobs and career community that is changing the way people search for jobs, and companies recruit and retain top talent. Job seekers get access to the latest job listings as well as reviews, ratings and salary reports and the ability to see Inside Connections at specific companies based on their Facebook network. Employers turn to Glassdoor to help drive their employment branding and recruiting efforts forward. Glassdoor, founded in 2007, is backed by Benchmark Capital, Sutter Hill Ventures, Battery Ventures and DAG Ventures. More information about Glassdoor can be found on its blog, and by following the company on Facebook, Twitter and LinkedIn.
Glassdoor.com is a registered trademark of Glassdoor, Inc.
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; shortages or price fluctuations in our supply chain; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Riverbed's business are set forth in our Form 10-Q filed with the SEC on October 25, 2012. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. Any future product, feature or related specification that may be referenced in this release are for information purposes only and are not commitments to deliver any technology or enhancement. Riverbed reserves the right to modify future product plans at any time.
Riverbed enables organizations to modernize their networks and applications with industry-leading SD-WAN, application acceleration, and visibility solutions. Riverbed’s platform allows enterprises to transform application and cloud performance into a competitive advantage by maximizing employee productivity and leveraging IT to create new forms of operational agility. At more than $1 billion in annual revenue, Riverbed’s 28,000+ customers include 97% of the Fortune 100 and 98% of the Forbes Global 100. Learn more at www.riverbed.com.
Riverbed and any Riverbed product or service name or logo used herein are trademarks of Riverbed Technology, Inc. All other trademarks used herein belong to their respective owners.