Employee Turnover at Yalantis

3.7
yr
Mean employee tenure
26.7
%
Implied Annual Turnover
1.7
%
pp. higher than the industry average

Contributions to staff retention at Yalantis

Company Age

14 yr

Company Size

470 empl.

Mean Seniority

2.7K days

Industry

Software / Tech

Country

UA

Intrinsic

93.3 days

About Yalantis

Yalantis provides software engineering services. We help our clients create solutions that facilitate their business’ growth. Clients testimonials proving the fact mentioned can be found here: https://clutch.co/profile/yalantis You can always join us here: Twitter: https://twitter.com/yalantis ...

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What is "Avoidable" turnover?

Employee retention at Yalantis 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, Yalantis seems to be doing better than most of their immediate competitors.

What is driving turnover at Yalantis?

Employee turnover at Yalantis is primarily driven by in-demand employee skills and company size. This company relies on skilled employees to achieve its goals. Employers with lower in-demand employee skills typically have lower employee turnover. Employees are more likely to stick around if their job is not too stressful or if they are well-liked by their colleagues. With less stress in their lives, employees are more likely to be content with their job and stay with the company for a longer period of time. Additionally, if the employees do leave, it is likely for more interesting job opportunities. Yalantis is a smaller 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.

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.