Employee Turnover at Huawei
Contributions to staff retention at Huawei
Company Age
Company Size
Mean Seniority
Industry
Country
Intrinsic
About Huawei
Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and org...
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 Huawei, we estimate average tenue could be increased by 65 days with effective retention programs. We base this number on a comparison of Huawei to other similar companies.
What is driving turnover at Huawei?
Employee turnover at Huawei is primarily driven by company size and employee seniority. This company is larger than the average company. Companies with fewer employees likely to retain workers and develop a loyal workforce. Employee turnover is often a measure of employee engagement. Engagement is the extent to which employees are satisfied with their job, their working conditions, and their co-workers. In general, companies with lower employee turnover are more likely to have high levels of employee engagement. The employees at Huawei are, on average, relatively new to the company. 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.
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.