Profession detail update bug - where do you work?

Bug in section of “Where do you work?” - selecting “Not in the list?” will ask for organization name. But filling company name results in mail receiving as

“You are getting this e-mail because you have selected ‘Company Name.’ as your institute, which we could not find in our database :(. The institution has been queued up for admin approval. Want to know why? Read here.”

It should be organization not institute? because it is where do you work