Here is how long tech companies retain their employees
posted by Victor H. / Oct 10, 2013, 9:35 AM
Now, you might not be surprised to see average retention at IBM is 6.4 years, after all people working there are often employed on long term projects and are experts in fields that are not all that common.
However, what’s surprising is that some of the biggest names in tech, known for their great working conditions actually retain employees a fairly short amount of time. Google for instance, a company that has won awards for being the best place to work on Earth multiple times, retains its employees just a 1.1 year, less than all other major tech companies save for one.
Surprisingly yet again, Amazon is the company with the lowest employee retention of exactly one year.
Microsoft in comparison keeps its workers for an average of 4 years. Is it the tough tasks and the abrasive management style of Bezos or something else we don’t know, but it’s an interesting stat to look at. Which of those companies would you work for?
source: Business Week
Posts: 257; Member since: Feb 15, 2011
posted on Oct 10, 2013, 9:45 AM 10
Posts: 22; Member since: Nov 28, 2012
BIG TECH Wal-Mart!!!
posted on Oct 10, 2013, 9:50 AM 5
Posts: 328; Member since: Jan 08, 2010
Amazon and Walmart are the only two places on the list that you can buy pampers, a 3-person camping tent and a dell laptop in the same purchase, and have the sent from that companies warehouse. I think they're there for comparison purposes...
posted on Oct 10, 2013, 10:20 AM 2
Posts: 813; Member since: Jun 10, 2013
If you look at how Walmart elevated inventory control procedures, tech is a big part of their daily work flow. It's all in house though, can't say the consumers are getting advantaged by it, save for the peanut butter being stocked more quickly.
posted on Oct 10, 2013, 10:36 AM 1
Posts: 202; Member since: Mar 14, 2013
amazon will never have regular employees stay long unless their somewhere in management they might stay awhile. Amazon one of my favorite places to shop is also a sweat shop forcing employees to work like dogs kinda sucks. Suprises costco isnt on this list they're proud company that says a happy employee makes a more productive employee hard to see real companies really take care of the people who work for them rather than just a whipping post.
posted on Oct 10, 2013, 6:57 PM 0
Posts: 1418; Member since: Mar 02, 2011
Even if you don't stay long, it's still something nice to add to a future resume.
posted on Oct 10, 2013, 9:50 AM 9
Posts: 5993; Member since: Dec 22, 2010
Not necessarily. It depends on what you were doing at Amazon. Network administrators are a-dime-a-dozen. Team-leader who heads Amazon's cloud development effort is another matter. Team-leader is probably tied up with golden handcuffs.
posted on Oct 10, 2013, 10:02 AM 0
Posts: 328; Member since: Jan 08, 2010
I don't know why Amazon's retention rating surprises anyone... They're an online store with a relatively new technology division; they run warehouses as well as a cloud service. I'm sure the retention rating at UPS or Costco isn't very high for those workers either (I've worked for both and it doesn't seem to be). I'm guessing Walmart is on the list to give some retail contrast.
posted on Oct 10, 2013, 10:17 AM 0
Posts: 851; Member since: Apr 22, 2013
Does this account for seasonal hires? People moving out of the company because they hate it, are fired or find something that suits them better? I thought Amazon was supposed to be a great place to work if you had less than traditional needs. Fashion, moving around and just need a few bucks, etc.
posted on Oct 10, 2013, 4:28 PM 0
Posts: 396; Member since: Nov 13, 2012
ive been working where i work (cant say the name for privacy purposes and its not any of the above) for just over 3 years. I have worked my way up from the bottom to upper middle management and have no intention of leaving anytime soon. Most people who work here leave after a year or so.
posted on Oct 10, 2013, 10:58 AM 0
Posts: 368; Member since: Feb 11, 2012
It's ok dude. I'm sure lots of people who post here also work at McDonalds.
posted on Oct 10, 2013, 12:53 PM 12
Posts: 1544; Member since: Feb 16, 2012
Sorry but the explanation is simple: Google and Amazon are quite young companies, which means two things. 1) There are no employees with 40 years in the company to increase the average 2) They are still growing and hiring people, which count them for only months as they have been for just a while in the company. The interesting statistic would have been the average from when they stated till they LEFT, so not counting the ones still in the company. But hey, doing thoughtful and sensible statistics have never been in the human mind for the experience I have with them...
posted on Oct 10, 2013, 11:34 AM 2
Posts: 843; Member since: Aug 01, 2011
How can you not include Apple?
posted on Oct 10, 2013, 1:09 PM 0
Posts: 1770; Member since: Oct 18, 2011
Most of their employees commit suicide so its hard to count those in this survey ;)
posted on Oct 10, 2013, 4:36 PM 2
Posts: 47; Member since: Apr 24, 2013
I work for IBM now and am hitting 2years come Nov 11th. I honestly would rather work for google. I dislike the bosses where I work and the constant Policy changes that happen, but alas, It is a job and I am simply waiting for the call to another :(
posted on Oct 10, 2013, 2:38 PM 0
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