Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

The companies employees don't want to leave in 2023

resume.io

Post reply on HN
Print view View original

31–40 of 42 posts

Re: The companies employees don't want to leave in 2023

#33

Post by codingdave »

In addition to the other flaws pointed out in other comments, scraping LinkedIn data will also skew towards longer tenure for companies/industries in which LinkedIn is not a primary recruiting tool, so people don't keep their profiles up to date. I know I have people in my "network" whose profile is listing a job they haven't worked at in a decade.

Re: The companies employees don't want to leave in 2023

#34

Post by dahdum »

Looks like they include retail, warehouse, contract, part time, and seasonal workers in their data. Also only includes those with LinkedIn profiles. Kinda makes the conclusions pointless. They are just shooting for viral blog content.

> Methodology & sources

To find out which companies employees don't want to leave in 2023, we analyzed the LinkedIn pages of the top 100 companies in the UK, U.S., Canada and Australia and compared them to see which businesses have the highest average tenure.

First, we collected the top 100 companies by market cap using CompaniesMarketCap.com for the UK, U.S., Canada and Australia. Then we analyzed each company's LinkedIn page and collected the median tenure when available, ranking each business based on its average tenure.

The data of this analysis is correct as of June 2023

Re: The companies employees don't want to leave in 2023

#37

Post by manymatter »

AndrewKemendo wrote: post #11
hn_throwaway_99 wrote: post #9

While I think the data is good, the conclusion of "don't want" is downright silly to me, because if you look at all the top contenders, "don't have any better options" seems like a better interpretation to me. If you work at Apple (company with the shortest tenure), then you likely have tons of other options, and can job hop your way into higher and higher comp. If you work for one of the giant oil companies, where e…

Yeah, this is simply a chart of worker mobility. I think you nailed that one.

It looks like lack of mobility at the top end, but probably another factor near the bottom.

Re: The companies employees don't want to leave in 2023

#38

Post by manymatter »

margalabargala wrote: post #29
jsnell wrote: post #21

The study is garbage. The metric they're using (average tenure) is not useful for comparing employee retention across companies. E.g. a company that's growing will automatically have a lower average tenure than one that's not growing. Now, it's understandable why they're using an inappropriate metric. It's the only thing they can even remotely reliably derive from their data set of scraped Linkedin profiles. But when…

> Now, it's understandable why they're using an inappropriate metric. It's the only thing they can even remotely reliably derive from their data set of scraped Linkedin profiles. I don't think even that is true. They could do a better metric like "Among the employees that were employed by company X ten years ago, what percentage are still employed there?" This also solves the "average tenure at a growing company" pro…

I had to look a few times to convince myself they weren't at least using tenure of ex-employees. But I'm not sure they could actually search linkedin that effectively on anything but current employees without hitting monetized APIs, etc.

Re: The companies employees don't want to leave in 2023

#39

Post by hn_throwaway_99 »

signatoremo wrote: post #31
hn_throwaway_99 wrote: post #17

Earlier quoted context omitted.

Because those employees have lots of options.

Would that apply to non tech workers?

For people who work at giant energy and freight companies, or the world's largest tobacco company (the companies at the top of the tenure list), my guess is most definitely no, it doesn't.
Post reply on HN