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Ask HN: As an employee of a company, how do you assess its health?

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41–50 of 197 posts

Re: Ask HN: As an employee of a company, how do you assess its health?

#43

My company's CEO says he looks at the survey answers to "Would you recommend Company X as a good place to work" as a health indicator of how the company's doing. Which makes sense to me, since if the employees overall would recommend it as a place to work, it's probably reasonably stable and rewarding, has reasonably trusted managers, etc. I've never delved deep into actual statistics on this, though, so consider thi…

Yup - that's an ENPS survey (more info-> https://www.fridayfeedback.com/enps-employee-net-promoter-sc...) and is modeled after the NPS survey organizations send to customers.

Re: Ask HN: As an employee of a company, how do you assess its health?

#44

I've read that a good way to get an early indicator of future health is to pay attention to the spending on the small things. Does your company have paid lunches? Does it have a snack vending machine or something similar? A coffee machine with k-cups? Other little perks that seem insignificant but are nice to have. If these things start to go away, the company is experiencing financial stress.

I am laughing so hard right now.

Re: Ask HN: As an employee of a company, how do you assess its health?

#45
My dad used to say: "Son, when assessing the company's health, look for two things: coffee, and toilet paper. If the coffee is not refilled, it means nobody cares, and the company soon will start having serious trouble. If the toilet paper is not refilled, it means there's no money whatsoever, and you should nope out". Worked for me ever since.

Re: Ask HN: As an employee of a company, how do you assess its health?

#46
post #39

Many answers are negative assuming decline, or provide an extremely complicated answer to a simple problem. I'd propose based on decades of observation that you model the behavior and personality of all of management as if it was one person. Now is that imaginary merged individual person a lunatic deep in cocaine addiction psychosis? That might be a bad sign. Is that imaginary merged person a reasonable good leader?…

Plenty of companies with great leaders fail, and some companies with terrible leaders succeed. The question is how you assess the health of the company regardless of leadership ability.

Re: Ask HN: As an employee of a company, how do you assess its health?

#48
The last company I worked at before it was acquired went through a phase of making everything 'legit' - which looking back on it now makes sense.

- Making sure that everybody had their work laptops/phones properly secured, requiring RSA tags for VPN access etc.

- Lots of new policies, mainly things that we did anyway, but just fully documented and meetings to make sure that everybody understood their roles in them.

- Lots more focus on 'customer satisfaction' and making sure that deadlines were met

- Rewards for helping to clear the backlog of things that needed doing

Basically, a lot of dotting the I's and crossing the T's. Oh, and a lot more visits from the head guys over in the US.

Edit: Not a startup, just a company doing well.

Re: Ask HN: As an employee of a company, how do you assess its health?

#50

I've read that a good way to get an early indicator of future health is to pay attention to the spending on the small things. Does your company have paid lunches? Does it have a snack vending machine or something similar? A coffee machine with k-cups? Other little perks that seem insignificant but are nice to have. If these things start to go away, the company is experiencing financial stress.

However, if these things never were there in the first place, it just means that you're not in the SV bubble.
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