Home Depot employees are more optimistic about their company's business outlook than workers at rival Lowe's, if you use research by the career website Glassdoor as a guide.
Glassdoor, which allows current and former employees to review their companies, asked participants to speculate whether business "will get better, stay the same or worsen in the next six months?"
The question is timely since both Atlanta-based Home Depot and Mooresville, N.C.-based Lowe's report earnings this week. Home Depot reports Tuesday and Lowe's on Wednesday.
Despite signs that the economy is improving and hiring is up, Glassdoor’s survey of attitudes about 250,000 companies it tracks found an average of only 38 percent of employees believe their company’s outlook is bright.
The survey didn’t define “outlook,” and employees weren't asked specifically what they thought it covered (for example, revenue or hiring outlook). Instead, researchers sought to get a general feel for where employees thought their company was headed over the next six months, according to Glassdoor spokesman Scott Dobroski.
Glassdoor said said 61 percent of workers who submitted reviews about Home Depot said the outlook was bright, ranking the company No. 10 on the overall list. Thirty-four percent said business would be unchanged, and 6 percent said things would get worse.
For Lowe’s, 28 percent of workers said the business outlook would be better; 48 percent said business would stay the same, and 25 percent said things would get worse.
Glassdoor said it included the "outlook'" question on an April survey that allowed employees to voluntarily and anonymously share their perspective on what it’s like to work at their company.
The most optimistic employees were at Google, where 86 percent of staffers believe business will improve. Fourteen percent of Google staffers said business would stay the same and none expected business to get worse. Google was followed by Qualcomm (76% better); Yahoo (75%); SAP (73%); Amazon (69%); Tata Consultancy Services (65%); Publix (64%); General Motors (62%); and Whole Foods (62%).
What about your company’s business outlook? Will it improve over the next six months, the same or get worse?
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