March 20, 2013 // By: Brian Wasson
SAP Co-CEOs Bill McDermott and Jim Hagemann Snabe took second place in the list of “50 Highest Rated CEOs” put out by Glassdoor.com, nearly tying with Facebook CEO Mark Zuckerberg for the top spot.
The popular career and workplace community Glassdoor.com recently released its annual ranking of top CEOs based on independent feedback from employees. Coming in second place overall were SAP Co-CEOs Bill McDermott and Jim Hagemann Snabe, with a 99% approval rating. They matched this year’s top-ranked CEO, Facebook’s Mark Zuckerberg, also with 99%. (The 99% rating is a rounded number; Zuckerberg scored slightly higher in the unrounded ranking.) SAP’s Co-CEOs climbed seven places from their 2012 position.
As part of Glassdoor’s company review survey, employees indicate whether they approve or disapprove of the way their CEO is leading the company. The “50 Highest Rated CEOs 2013” list was determined using the average approval rating a CEO received between February 25, 2012 and February 24, 2013. More than half a million company reviews were submitted to Glassdoor over the past 12 months. Reviews posted online by SAP employees on Glassdoor.com include comments such as “great company,” “supportive working climate” and “great place to work.”
“The CEOs who are most successful in gaining employee approval are those who paint a clear vision of what the company is setting out to achieve and how it’s going to get there,” said Robert Hohman, Glassdoor CEO and co-founder. “To be recognized by your employees as a strong leader also comes as a result of having a solid company culture that helps employees foster the skills necessary to move business forward and meet the needs of customers.”
Since being appointed Co-CEOs in 2010, McDermott and Snabe have focused SAP on innovating in key growth areas such as cloud computing, mobile business, and in-memory technology. As a result, the company has experienced 12 consecutive quarters of double-digit growth. An internal survey of employees shows that employee engagement and employee satisfaction are reaching near all-time highs. In 2012, SAP’s internal employee engagement score increased from 77% to 79%, while 89% said they are proud to work at the company, and 91% said they have a strong belief in SAP products and services.
The five highest-rated CEOs on the list for 2013 are: Facebook CEO Mark Zuckerberg (99% approval), SAP Co-CEOs Bill McDermott and Jim Hagemann Snabe (99% approval), McKinsey & Company CEO Dominic Barton (97% approval), Ernst & Young CEO Jim Turley (96% approval), and Northwestern Mutual CEO John E. Schlifske (96% approval).