Employee Turnover at Netcracker Technology

4.6
yr
Mean employee tenure
21.9
%
Implied Annual Turnover
3.1
%
pp. lower than the industry average

Contributions to staff retention at Netcracker Technology

Company Age

29 yr

Company Size

7.7K empl.

Mean Seniority

2.5K days

Industry

Telecommunications

Country

US

Intrinsic

230.6 days

About Netcracker Technology

We are a forward-looking software company, offering mission-critical solutions to service providers around the globe. As a wholly owned subsidiary of NEC Corporation, our comprehensive portfolio of software solutions and professional services enables large-scale digital transformations, unlocking...

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What is "Avoidable" turnover?

Employee retention at Netcracker Technology is unusually high compared to other similar companies. 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. That being said, Netcracker Technology seems to be doing better than most of their immediate competitors.

What is driving turnover at Netcracker Technology?

Employee turnover at Netcracker Technology is primarily driven by in-demand employee skills and employee seniority. The skills demanded by this company are not in high demand by the market. Employee turnover is lower at companies that employs skills that are in lower demand. Some of the most in-demand employee skills include: 1. Customer service skills 2. Problem solving skills 3. Leadership skills 4. Technical skills 5. Social skills. The employees at Netcracker Technology are, on average, relatively new to the company. Employees who have been with a company for a longer time are more likely to leave than employees who have been with the company for a shorter time. There are a few reasons why this might be the case. First, employees who have been with a company for a longer time may be more settled in their roles and may not be as excited about the prospect of leaving their job. Second, employees who have been with the company for a longer time may be more jaded about their chances of finding a new job and may be less likely to be enthusiastic about the opportunity to work for a new company.

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.