Employee churn? It's more like a vortex at these companies. See where employees report the shortest tenures, whether it’s because of working conditions, employee demographics or competition in their industry. Hopefully they take the PayScale Survey before they accept another job offer.
Mass Mutual is one of the largest life insurance companies in the world, but the lifespan of their typical employee is the shortest of any company on the Fortune 500 list, clocking in at just .8 years. The most common jobs at this company (claims adjusters, investigators and salespeople) often report high stress levels and are subject to rapid turnover, possibly explaining the short stints common at this company.
Median Employee Age: 38 Median Tenure: 0.8 Median Pay: $60,000 % Low Stress: N/A % Satisfied: N/A Industry: Finance & Insurance
In the last 15 years, Amazon has transformed retail. But big change requires a workforce of talented software engineers, and that’s a job where demand exceeds supply, so many of their employees are constantly being wooed by competitors. In addition, the company has grown so rapidly in recent years that many jobs are new, another reason why the typical Amazon employee has only been with the company for one year.
Median Employee Age: 32 Median Tenure: 1.0 Median Pay: $93,200 % Low Stress: 33% % Satisfied: 71% Industry: Retail Trade
Most people have heard of AFLAC (mostly because of their catchy commercials) but don’t know what the company actually does. As the world’s largest provider of supplemental insurance, a large percentage of their employees work in sales, a job family known for high turnover.
Median Employee Age: 38 Median Tenure: 1.0 Median Pay: $38,000 % Low Stress: 44% % Satisfied: 70% Industry: Finance and Insurance
Google is famous for luxe working conditions, generous perks and a workforce comprised of top-notch software engineers. So why does the typical employee only stick around for 1.1 years? Like many tech companies, it’s the combination of a hyper-competitive market and the fact that many of the jobs at this company, which has only existed since 1998, are relatively young themselves.
Median Employee Age: 29 Median Tenure: 1.1 Median Pay: $107,000 % Low Stress: 48% % Satisfied: 84% Industry: Professional, Scientific, and Technical Services
Mosaic, which mines and manufactures potash and phosphate products, pays 10% above market and claims their mission to help the world grow food. Our data shows that employees are finding fertile ground in other jobs, with an average tenure of just over a year.
Median Employee Age: 37 Median Tenure: 1.1 Median Pay: $69,900 % Low Stress: N/A % Satisfied: N/A Industry: Manufacturing
We all know that anything having to do with energy or mining is hot hot hot, so why do employees at Chesapeake Energy Corporation spend so little time with the company? With a median employee age of only 31, most of their workforce is made up of laborers, who tend to change jobs more often.
Median Employee Age: 31 Median Tenure: 1.2 Median Pay: $60,500 % Low Stress: 54% % Satisfied: 78% Industry: Mining, Quarrying, and Oil and Gas Extraction
Group 1 Automotive is the largest owner of car dealerships in the United States. If you’ve ever bought a car, you know how stressful it is being a customer – just imagine what it’s like working at one day after day. So it’s no surprise that their typical employees, many of whom are in sales, only spend 1.2 years with the company.
Median Employee Age: 32 Median Tenure: 1.2 Median Pay: $33,200 % Low Stress: N/A % Satisfied: N/A Industry: Retail Trade
Ross is a mecca for the budget fashionista. But is it a great place to work? The fact that their typical employee only spends 1.2 years with the company suggests otherwise. Low median pay and young median age, plus the fact that less than half say they are satisfied, give other reasons why employees don’t spend much time on the job.
Median Employee Age: 29 Median Tenure: 1.2 Median Pay: $23,800 % Low Stress: 32% % Satisfied: 49% Industry: Retail Trade
Just saying the words “health insurance” out loud can cause someone’s blood pressure to skyrocket – is it any surprise that employees at Wellcare Health Plans, Inc., suppliers of Medicare and Medicaid to more than two million members, don’t stay at their jobs for very long?
Median Employee Age: 38 Median Tenure: 1.2 Median Pay: $49,900 % Low Stress: N/A % Satisfied: N/A Industry: Finance and Insurance
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