Employee Turnover at GoIT - простой путь в IT
Contributions to staff retention at GoIT - простой путь в IT
About GoIT - простой путь в IT
GoIT is an international EdTech company that has been improving IT education for seven years, and from now also abroad (30+ countries online and branches in Ukraine, Poland, Turkey, Mexico and the USA). Our mission is to "Help everyone create their own success story!" During our work, we have h...
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 GoIT - простой путь в IT, we estimate average tenue could be increased by 368 days with effective retention programs. We base this number on a comparison of GoIT - простой путь в IT to other similar companies.
What is driving turnover at GoIT - простой путь в IT?
Employee turnover at Goit - Простой Путь В It is primarily driven by in-demand employee skills and employee seniority. These employees are sought-after by employers. Employee turnover is lower at companies that employs skills that are in lower demand. This is because such employees are less likely to be poached by competitors and have fewer opportunities to leave for other jobs. The many employees with this company have less experience than the industry average. Junior employees tend to leave a company more frequently for higher-paying jobs with more prestige or for more congenial work environments.
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.