Formlabs Claimed Company

Formlabs develops high resolution, low cost 3D printers for designers, engineers, and other creators. read more

EMPLOYEE PARTICIPANTS: 45

TOTAL RATINGS: 542

CEO: Maxim Lobovsky

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Formlabs Retention Score

Formlabs is in the Bottom 45% of similar sized companies in its ability to retain quality employees. 50% of employees would not leave Formlabs if they were offered a job for more money while 65% are excited to go to work each day. Quality employees are difficult to find which makes retaining them all the more important.

Last updated months ago.

Where This Score Ranks Formlabs' Retention

BOTTOM
45%
In the Bottom 45% of 2032 Similar Sized Companies on Comparably
BOTTOM
40%
In the Bottom 40% of 272 Nearby Companies in Boston
1st
1st place versus 2 competitors rated on Comparably

Jan

Mar

May

Jun

Jul

C68 / 100

Jan

Who Ranks Formlabs' Retention the Highest?

Experience - 6 to 10 Years 92/100

Department - Marketing 84/100

Department - HR 81/100

Who Ranks Formlabs' Retention the Lowest?

Tenure - Less than 1 Year 59/100

Experience - 1 to 3 Years 67/100

Tenure - 2 to 5 Years 67/100

Formlabs Retention At a Glance

Formlabs' Retention score is rated a "C" by 45 employees. The category helps understand Formlabs' focus and commitment to retaining employees in their organization.

Over the past three months, Formlabs' Retention score has remained steady at 68/100. Formlabs ranks in 1st place versus 2 competitors which include Markforged and MakerBot. The Marketing and HR departments are likely to stay at the company the longest, while the Engineering department is likely to have the highest turnaround.

Formlabs' Retention score is in the Bottom 45% of 2032 similar sized companies (201-500 Employees) on Comparably. The Company ranks in the Bottom 40% compared to 272 nearby companies in Boston.

Formlabs' Retention Trendline

Formlabs68
Other Companies in Boston
Similar Size on Comparably

How Formlabs' Retention Score is Calculated

Answer	Percent
Yes	44%
No	56%

Do you believe you're paid fairly?

Answer	Percent
Yes	95%
No	5%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	65%
No	35%

Are you typically excited about going to work each day?

Answer	Percent
Every week	33%
Once a month	17%
Once a quarter	50%
Once a year	0%
Never	0%

How often do you get valuable feedback on how to improve at work?

Answer	Percent
Yes	17%
No	83%

Do you approve of the job your executive team is doing at your company?

Answer	Percent
Yes	0%
No	100%

Do Your Company Leaders Do What They Should to Retain You as an Employee?

Answer	Percent
Very Secure	50%
Secure Enough	38%
Neutral	12%
Insecure	0%
Very Insecure	0%

How secure do you feel your job is at your company?

Answer	Percent
Yes	80%
No	20%

Do you have a close friend at work?

Answer	Percent
Yes	75%
No	25%

Would you leave your current job for a 20% raise at a different company?

Answer	Percent
Multiple times a week	20%
Once a week	20%
Once a month	40%
Once a quarter	20%
Never	0%

How often do you socialize with team members outside of work?

Answer	Percent
Yes	80%
No	20%

Do you feel burnt out at work?

Answer	Percent
Yes	67%
No	33%

Are you challenged at work?

Answer	Percent
Yes	50%
No	50%

Would you turn down a job offer today, for slightly more money?

Answer	Percent
Yes	100%
No	0%

Are you proud to be a part of your company?

Formlabs' Retention Rank Against Similar Sized Companies on Comparably

BOTTOM

45%

Formlabs ranks in the Bottom 45% of other companies on Comparably with 201-500 Employees for Retention Score.

Formlabs' Retention Rank Against Other Companies Nearby

BOTTOM

40%

Formlabs ranks in the Bottom 40% of other companies in Boston for Retention Score.

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