Employee Turnover at Akvelon, Inc.
Contributions to staff retention at Akvelon, Inc.
About Akvelon, Inc.
Akvelon is a software engineering organization focused on enabling software-centric companies to deliver on their engineering and business commitments, knowledge retention, and growth by building and operating dedicated, long term software engineering team extensions. Ranked one of Washington’s ...
What is "Avoidable" turnover?
Employee retention at Akvelon, Inc. is unusually high compared to other similar companies. Employee turnover is normal. Employees come and go for many reasons, including personal reasons and reasons that have nothing to do with a specific company. That being said, Akvelon, Inc. seems to be doing better than most of their immediate competitors.
What is driving turnover at Akvelon, Inc.?
Employee turnover at Akvelon, Inc. is primarily driven by company size and in-demand employee skills. Akvelon, Inc. has lower than average company size. Companies with high company size typically have higher turnover. In other words, the larger the company, the more difficult it is to keep employees. Additionally, Akvelon, Inc. is a technology company, and as such, many of its employees have specialized skills in software development, engineering, or marketing. As a result, when these employees leave Akvelon, Inc., it can be difficult to find replacement employees with the same skills. Akvelon, Inc. has higher than average in-demand employee skills. Companies with high in-demand employee skills typically have higher turnover. In other words, the more important the skills of the employees, the more difficult it is to keep them.
The numbers reported here are based on statistical analysis of publicly available employment data of current and past employees of the company. We determine mean tenure based on how long past employees have stayed at the company and how long current employees have been employed. We determine the annual turnover percentage as (1/tenure * 100). We analyse a sample of the employees at a company. We make an effort to sample in a representative way but some bias is unavoidable. Some types of employees may be overrepresented in our sample based on their job, their online activity, and their geographic location. We expect our number to have a confidence interval of approximately 1 year. In other words, if the mean tenure reported is 4 years, the true value lies between 3 and 5 with 98% confidence. Similarly if the average turnover reported is 20% we expect the true value to be between 15% and 25%.
We make an effort to report accurate information and to be transparent regarding our methodology. However, we make no warranty of any kind as to the accuracy of these reports. Use at your own risk. If you feel that any of the information reported here is inaccurate for any reason, please let us know.