Employee Turnover at Sigma Software Group
Contributions to staff retention at Sigma Software Group
About Sigma Software Group
Sigma Software provides top-quality software development solutions and IT-consulting to more than 170 customers all over the globe. Volvo, SAS, Oath Inc., Fortum, IGT (previously GTECH), Checkmarx, Formpipe Software, JLOOP, Vergence Entertainment, Collective, Genera Networks, Viaplay, and others ...
What is "Avoidable" turnover?
Employee retention at Sigma Software Group 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, Sigma Software Group seems to be doing better than most of their immediate competitors.
What is driving turnover at Sigma Software Group?
Employee turnover at Sigma Software Group is primarily driven by in-demand employee skills and country category. 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 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.