Employee Turnover at CHI Software
Contributions to staff retention at CHI Software
Company Age
Company Size
Mean Seniority
Industry
Country
Intrinsic
About CHI Software
CHI Software is a reputed software development company with four offices in Eastern Europe, Ukraine, and official representatives in the USA, Great Britain, Germany, and Japan. Since 2006, the company has grown from a small web studio into a 600+ team of experts in various business domains. ...
What is "Avoidable" turnover?
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. In addition, turnover is known to be high in some industries and for some job types. So how much can a company actually do to improve retention? This differs from company to company but we estimate this number. For CHI Software, we estimate average tenue could be increased by 218 days with effective retention programs. We base this number on a comparison of CHI Software to other similar companies.
What is driving turnover at CHI Software?
Employee turnover at Chi Software is primarily driven by in-demand employee skills and employee seniority. CHI Software has higher than average in-demand employee skills. Companies with high in-demand employee skills typically have higher employee turnover. This means that they are more likely to need to replace employees quickly. CHI Software has lower than average employee seniority. Companies with low employee seniority typically have higher employee turnover. In other words, employees are less likely to stay with a company for a long period of time.
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.