Cengage CEO Michael Hansen has won the 2019 Employees’ Choice Award from Glassdoor, one of the world’s largest job and recruiting sites. The annual award honors the top CEOs whom employees love working for around the world.
Hansen received an impressive 91 percent approval rating based on the anonymous and voluntary reviews that Cengage employees shared on Glassdoor over the last year, far exceeding the average rating of 69 percent. This is the second consecutive year that Hansen has achieved a Glassdoor Top CEO ranking.
“I am humbled to receive this recognition, and firmly believe it reflects the strong culture my Cengage colleagues and I have built together over the last six years. This culture is powered by collaboration, transparency and setting the bar higher, which have allowed us to disrupt our industry from within and bring affordable options for quality learning to millions of students.
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“As we look forward to the next stage of our company’s journey, including the merger with McGraw-Hill, these tenets remain at the forefront of our student-focused mission. Gaining and keeping the trust and support of our world-class talent base continues to be paramount for me and our executive team.”
Cengage, an education and technology company with 5,000 employees, was also named a Glassdoor Best Place to Work for 2019. The company serves all levels of education – K20 through adult learning – with a large focus on higher education. Hansen joined the company as CEO in December 2012 and spearheaded its rapid transformation from a traditional print publisher into a digital education company. In August 2018, the company launched Cengage Unlimited, the first-of-its-kind subscription service for college textbooks and course materials. For one price, Cengage Unlimited gives students access to more than 22,000 digital course materials, including eBooks, online homework access codes and study guides, thus significantly reducing the cost of materials. Cengage Unlimited surpassed one million subscriptions sold in the first seven months alone, and has already saved college students $60 million.
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Glassdoor’s Top CEOs in 2019 were determined using company reviews shared by U.S.-based employees between May 2, 2018 and May 1, 2019. The final list is compiled using Glassdoor’s proprietary algorithm, led by its Economic Research Team, and takes into account quantity, quality and consistency of reviews.
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