Comparably Awards

Best Company Work-Life Balance 2018 (Large Companies)

Xero Claimed Company

Xero is a beautiful, easy-to-use global online platform for small businesses and their advisors. read more

EMPLOYEE PARTICIPANTS: 28

TOTAL RATINGS: 409

CEO: Steve Vamos

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Xero Retention Score

Xero is in the Top 25% of similar sized companies in its ability to retain quality employees. 75% of employees would not leave Xero if they were offered a job for more money while 100% are excited to go to work each day. Overall, 71% of Xero's employees feel the company is doing what it should to retain them while 29% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated months ago.

Where This Score Ranks Xero's Retention

TOP
25%
In the Top 25% of 2117 Similar Sized Companies on Comparably
2nd
2nd place versus 3 competitors rated on Comparably

Apr

Sep

Nov

Oct

B76 / 100

Jun

Who Ranks Xero's Retention the Highest?

Department - IT 90/100

Department - Sales 90/100

Experience - Entry Level 90/100

Who Ranks Xero's Retention the Lowest?

Department - Engineering 47/100

Experience - 3 to 6 Years 58/100

Gender - Male 68/100

Xero Retention At a Glance

Xero's Retention score is rated a "B" by 20 employees. The category helps understand Xero's focus and commitment to retaining employees in their organization.

Over the past three months, Xero's Retention score has remained steady at 76/100. Xero ranks in 2nd place versus 3 competitors which include ANZ Bank, Westpac Banking, and MYOB Technology. The IT and Sales departments are likely to stay at the company the longest, while the Engineering department is likely to have the highest turnaround.

Xero's Retention score is in the Top 25% of 2117 similar sized companies (1,001-5,000 Employees) on Comparably.

Xero's Retention Trendline

Xero77
Similar Size on Comparably

How Xero's Retention Score is Calculated

Answer	Percent
Yes	100%
No	0%

Do you believe you're paid fairly?

Answer	Percent
Yes	100%
No	0%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	100%
No	0%

Are you typically excited about going to work each day?

Answer	Percent
Every week	29%
Once a month	36%
Once a quarter	14%
Once a year	7%
Never	14%

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

Answer	Percent
Yes	93%
No	7%

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

Answer	Percent
Yes	71%
No	29%

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

Answer	Percent
Very Secure	33%
Secure Enough	51%
Neutral	8%
Insecure	0%
Very Insecure	8%

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

Answer	Percent
Yes	79%
No	21%

Do you have a close friend at work?

Answer	Percent
Yes	50%
No	50%

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

Answer	Percent
Multiple times a week	10%
Once a week	30%
Once a month	30%
Once a quarter	10%
Never	20%

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

Answer	Percent
Yes	31%
No	69%

Do you feel burnt out at work?

Answer	Percent
Yes	77%
No	23%

Are you challenged at work?

Answer	Percent
Yes	75%
No	25%

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

Answer	Percent
Yes	75%
No	25%

Are you proud to be a part of your company?

Xero's Retention Rank Against Similar Sized Companies on Comparably

TOP

25%

Xero ranks in the Top 25% of other companies on Comparably with 1,001-5,000 Employees for Retention Score.

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