Employee Turnover at DXC Technology
Contributions to staff retention at DXC Technology
About DXC Technology
DXC Technology is a Fortune 500 global IT services leader. Our more than 130,000 people in 70-plus countries are entrusted by our customers to deliver what matters most. We use the power of technology to deliver mission critical IT services across the Enterprise Technology Stack to drive business...
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 DXC Technology, we estimate average tenue could be increased by 235 days with effective retention programs. We base this number on a comparison of DXC Technology to other similar companies.
What is driving turnover at DXC Technology?
Employee turnover at Dxc Technology is primarily driven by employee seniority and company size. The employees at this company have been in their career for a longer period of time than average. Employees who have been with the company for a longer period of time are less likely to leave than employees who have been with the company for a shorter period of time. There are a few possible reasons for this. First, employees who have been with the company for a longer period of time are likely to have developed a sense of loyalty to the company and its employees. Second, employees who have been with the company longer have found a way to contribute to their company in a way they find satisfying. DXC Technology is a larger company than most of the companies in its industry. Smaller organizations are less likely to experience high levels of employee turnover and to have to replace key employees frequently. A company with a smaller staff is likely to have a smaller pool of potential replacements, which would make turnover more painful. Additionally, the smaller company may have a more intimate and supportive work environment, which would also help to keep employees from looking for new jobs.
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.