Employee Turnover at Ciklum
Contributions to staff retention at Ciklum
Company Age
Company Size
Mean Seniority
Industry
Country
Intrinsic
About Ciklum
Ciklum is a global Digital Solutions Company for Fortune 500 and fast-growing organisations alike around the world. The company is headquartered in London and has software development centres and branch offices in the United States, Spain, Switzerland, Denmark, Israel, Poland, Ukraine, Belarus, U...
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 Ciklum, we estimate average tenue could be increased by 138 days with effective retention programs. We base this number on a comparison of Ciklum to other similar companies.
What is driving turnover at Ciklum?
Employee turnover at Ciklum is primarily driven by in-demand employee skills and sexyness. Ciklum has higher than average in-demand employee skills. Companies with high in-demand employee skills typically have higher employee turnover. Meaning, employees are more likely to leave a company for a job with high in-demand skills. Ciklum has higher than average sexyness. Companies with high sexyness typically have higher employee turnover because their employees are more likely to be poached by competitors.
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.