Employee Turnover at TEAM International
Contributions to staff retention at TEAM International
About TEAM International
TEAM International Services Inc., is a US-owned and managed software development and technology consulting company with almost 30 years of experience and 1000+ employees on board globally. With delivery hubs in the US, Colombia, Western Ukraine, Poland, and Portugal we create dedicated teams for ...
What is "Avoidable" turnover?
Employee retention at TEAM International very similar compared to other similar companies. While retention is impacted by many factors. A lot of those factors are outside the control of the company. For example, factors like company size, industry, or required skills cannot be easily changed. TEAM International has an employee retention rate that is comparable to others with the same fixed attributes. Which suggests they may not be able to do much to change how long workers stay with them.
What is driving turnover at TEAM International?
Employee turnover at Team International is primarily driven by in-demand employee skills and company size. These employees are in high demand within the workforce. 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. TEAM International has fewer employees than average. This is because a smaller company has a tighterknit culture, which makes it easier for employees to get along and feel valued. They are also more likely to be provided with ample opportunities to develop their abilities and to receive feedback on their work. As a result, employees are more likely to stay with a smaller company for a long period of time.
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.