Employee Turnover at Andersen Lab

3.5
yr
Mean employee tenure
28.5
%
Implied Annual Turnover
3.5
%
pp. higher than the industry average

Contributions to staff retention at Andersen Lab

Company Age

15 yr

Company Size

2.4K empl.

Mean Seniority

2.6K days

Industry

Software / Tech

Country

other

Intrinsic

30.4 days

About Andersen Lab

Andersen is a company with 3100+ developers, QA engineers, business analysts, and other software development professionals. We've been on the market for over a decade already and today represent a large and mature organization, which meets the highest standards and excels as an advancing and reli...

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What is "Avoidable" turnover?

Employee retention at Andersen Lab 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, Andersen Lab seems to be doing better than most of their immediate competitors.

What is driving turnover at Andersen Lab?

Employee turnover at Andersen Lab is primarily driven by in-demand employee skills and seniority. Andersen Lab has higher than average in-demand employee skills. Companies with high in-demand employee skills typically have higher turnover. This means that Andersen Lab's turnover is likely due to a higher demand for their employees' skills rather than to a lack of employee retention. Andersen Lab has lower than average seniority. Companies with high seniority typically have lower turnover.

Methodology

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%.

Disclaimer

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.