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Remote Teams Win with Retention

1 pointsby EndXA12 months ago

1 comment

tuttyboy12 months ago
I&#x27;m sure the impressive retention rate has more to do than being remote. The intention of what remote means (enjoy your work) is what matters.<p>&quot;Only 8 people (out of 112) have ever left the company voluntarily, resulting in a 98.5% voluntary retention rate over 10 years (our total retention rate is 97%).&quot;<p>Also, I think it&#x27;s a mistake to compare a startup like this with Amazon and Google. They are much larger companies. The purity of any &quot;enjoy your work&quot; concept becomes harder to maintain as a company grows. There are too many people joining with too many different motivations, and the power of money and fame can cloud the minds of once integrous founders.<p>&quot;Our remote-first peers boast similar stats: Buffer has a retention rate of 94% and an average tenure of 2.4 years, GitLab’s retention is 85%, BuySellAds is 90%, and Zapier’s is 94%. Meanwhile companies like Google and Amazon struggle to keep employees for barely a year.&quot;