Labcorp Claimed Company

Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. Here, you can join our more than 75,000 employees, serving clients in more than 100 countries, as we transform approaches to patient care. read more

EMPLOYEE PARTICIPANTS: 1238

TOTAL RATINGS: 9919

CEO: Adam Schechter

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Labcorp Retention Score

Labcorp is in the Bottom 30% of similar sized companies in its ability to retain quality employees. 47% of employees would not leave Labcorp if they were offered a job for more money while 60% are excited to go to work each day. Overall, 61% of Labcorp's employees feel the company is doing what it should to retain them while 39% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated a month ago.

Where This Score Ranks Labcorp's Retention

BOTTOM
30%
In the Bottom 30% of 1341 Similar Sized Companies on Comparably
4th
4th place versus 3 competitors rated on Comparably

Jul

Aug

Sep

Oct

Nov

C-63 / 100

Jan

Who Ranks Labcorp's Retention the Highest?

Department - HR 97/100

Department - Marketing 89/100

Tenure - 5 to 10 Years 78/100

Who Ranks Labcorp's Retention the Lowest?

Gender - Non-Binary 38/100

Experience - 3 to 6 Years 44/100

Department - Customer Success 46/100

Labcorp Retention At a Glance

Labcorp's Retention score is rated a "C-" by 1235 employees. The category helps understand Labcorp's focus and commitment to retaining employees in their organization.

Over the past three months, Labcorp's Retention score has remained steady at 63/100. Labcorp ranks in 4th place versus 3 competitors which include IQVIA, Thermo Fisher Scientific, and Quest Diagnostics. The HR and Marketing departments are likely to stay at the company the longest, while the Customer Success and Customer Support departments are likely to have the highest turnaround.

Labcorp's Retention score is in the Bottom 30% of 1341 similar sized companies (10,000+ Employees) on Comparably.

Labcorp's Retention Trendline

Labcorp63
Similar Size on Comparably

How Labcorp's Retention Score is Calculated

Answer	Percent
Yes	44%
No	56%

Do you believe you're paid fairly?

Answer	Percent
Yes	71%
No	29%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	60%
No	40%

Are you typically excited about going to work each day?

Answer	Percent
Every week	11%
Once a month	11%
Once a quarter	25%
Once a year	14%
Never	39%

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

Answer	Percent
Yes	59%
No	41%

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

Answer	Percent
Yes	61%
No	39%

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

Answer	Percent
Very Secure	19%
Secure Enough	44%
Neutral	30%
Insecure	7%
Very Insecure	0%

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

Answer	Percent
Yes	33%
No	67%

Do you have a close friend at work?

Answer	Percent
Yes	72%
No	28%

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

Answer	Percent
Multiple times a week	3%
Once a week	13%
Once a month	17%
Once a quarter	25%
Never	42%

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

Answer	Percent
Yes	43%
No	57%

Do you feel burnt out at work?

Answer	Percent
Yes	57%
No	43%

Are you challenged at work?

Answer	Percent
Yes	47%
No	53%

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

Answer	Percent
Yes	76%
No	24%

Are you proud to be a part of your company?

Labcorp's Retention Rank Against Similar Sized Companies on Comparably

BOTTOM

30%

Labcorp ranks in the Bottom 30% of other companies on Comparably with 10,000+ Employees for Retention Score.

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