Employee Turnover at Mirantis

4.5
yr
Mean employee tenure
22
%
Implied Annual Turnover
3
%
pp. lower than the industry average

Contributions to staff retention at Mirantis

Company Age

23 yr

Company Size

723 empl.

Mean Seniority

3K days

Industry

Software / Tech

Country

US

Intrinsic

-56.7 days

About Mirantis

Mirantis helps organizations ship code faster on public and private clouds. The company provides a public cloud experience on any infrastructure to the data center to the edge. With Lens and Docker Enterprise Container Cloud, Mirantis empowers a new breed of Kubernetes developers by removing infr...

Show More

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 Mirantis, we estimate average tenue could be increased by 57 days with effective retention programs. We base this number on a comparison of Mirantis to other similar companies.

What is driving turnover at Mirantis?

Employee turnover at Mirantis is primarily driven by in-demand employee skills and company size. The skills needed by employees at this company are not in high demand. Employee turnover differs significantly between employee groups with different skills sets. Employees with skills that are in hight demand, like software engineering, typically stay with a company for less time than employees in, say, operations or finance. Mirantis has fewer employees than average. Employees are more loyal to their employers at smaller companies. It also means that employees are less likely to leave for another job, which can be beneficial to the company's reputation and bottom line. With lower employee turnover, employers can save money on recruitment and training costs.

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.