The Employee Experience Platform | Culture Amp

Y Combinator 2021

Y Combinator is a startup accelerator that invests in a wide range of startups twice a year. Y Combinator provides seed funding for startups. Seed funding is the earliest stage of venture funding. It has been used to launch over 2,000 companies, including Stripe, Airbnb, Cruise Automation, DoorDash, Coinbase, Instacart, Dropbox, Twitch, and Reddit.

  • ~1.9m

    Questions answered
    in last 12 months

  • /
  • ~60

    Organizations

These insights represent ~1.9m questions answered from ~60 organizations, ranging in size from 40 to 4,600 people, in the last 12 months.

The data meet our criteria as being robust and reliable; unlikely to substantially change over time; and representative of the wider industry. Read more about the methodology.

Data provided by ] Culture Amp

Industry breakdown

  • Internet

    30%

  • Computer Software

    28%

  • Information Technology and Services

    14%

  • Online Media

    4%

  • E-learning

    4%

Region breakdown

  • North America

    76%

  • Europe

    13%

  • Asia

    6%

  • Oceania

    3%

  • South America

    2%

Are employees committed to their organizations?

Engaged people are emotionally committed to their organization. These people stay at their organizations longer and are more productive and effective. Successful organizations have more engaged employees.

73% of Y Combinator employees are engaged

This is in the bottom 28% compared with other industries.


The average eNPS score for organizations in this benchmark is 25 and is in the bottom 45% compared with other industries.

Understanding the engagement questions

Engagement is defined through these five industry-standard questions from Culture Amp’s engagement survey template.

I am proud to work for [Company]

89%

2% above global average

[Company] motivates me to go beyond what I would in a similar role elsewhere

73%

2% above global average

I would recommend [Company] as a great place to work

84%

Same as global average

I rarely think about looking for a job at another company

57%

2% below global average

I see myself still working at [Company] in two years' time

60%

7% below global average

The highest scoring question for Y Combinator had 91% of people agreeing that they know how their work contributes to the goals of [company] (+0% compared to overall) while they were generally most positive about Work & Life Blend.


People in Y Combinator were generally least favourable about Service & Quality Focus, and were most negative towards 'I have seen positive changes taking place based on recent employee survey results' with 13% of people disagreeing (+1% above average).

Which questions matter the most?

Different things are important to different cultures. If you want to make more of your people engaged then you need to know what is important your people. These questions are most important to keeping people engaged in Y Combinator organizations.

1

[Company] is a great company for me to make a contribution to my development

80% favorable


The factor this relates most closely to is Learning & Development

Which questions matter the most?

Different things are important to different cultures. If you want to make more of your people engaged then you need to know what is important your people. These questions are most important to keeping people engaged in Y Combinator organizations.

1

[Company] is a great company for me to make a contribution to my development

80% favorable

Learning & Development
2

The leaders at [Company] have communicated a vision that motivates me

72% favorable

Leadership
3

I have confidence in the leaders at [Company]

77% favorable

Leadership
4

I believe there are good career opportunities for me at [Company]

67% favorable

Learning & Development
5

I am happy with my current role relative to what was described to me

71% favorable

Alignment & Involvement

How long do people stay?

In the short term, 19% of people in this benchmark are thinking of or actually seeking jobs elsewhere (+1% compared to overall) while on a longer time frame, 13% of people see themselves leaving within two years (+3% compared to overall).

The following questions had the biggest impact on whether individuals felt that they were planning to stay at their organization and not actively looking for alternative jobs.

1

I believe there are good career opportunities for me at [Company]

67% favorable

Learning & Development
2

[Company] is a great company for me to make a contribution to my development

80% favorable

Learning & Development
3

I am happy with my current role relative to what was described to me

71% favorable

Alignment & Involvement
Average Glassdoor ratings

We’ve connected the employee feedback data for each company included in the benchmark with ratings from Glassdoor.com, which is one of the world’s largest job and recruiting sites combined with a growing database of company reviews, CEO approval ratings and more.

Overall Rating

4.0 stars (+0.2)

Culture and Values

4.2 stars (+0.3)

Work Life Balance

4.1 stars (+0.3)

Compensation and Benefits

4.0 stars (+0.4)

Career Opportunities

4.0 stars (+0.5)

Recommend to Friend

77.0% (+6)

CEO Approval

83.0% (-1)

How does Y Combinator compare?

Organizations in Y Combinator tend to be very similar to the global all industries insights, with no significant departures from the average.

Insights data provided by Culture Amp.

What makes Insights special? Gain a deeper understanding of how they work.

Learn more about Insights with Culture Amp’s benchmarks

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