Rent the Runway Retention Score | Comparably
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Rent the Runway Claimed Company
Rent the Runway is transforming the way modern women get dressed and disrupting the $2.4 trillion fashion industry by pioneering dynamic ownership and enabling women to rent, subscribe to and purchase secondhand clothing. Founded in 2009 with a vision to build the world’s first living closet, RTR believes that women everywhere will soon have a subscription to fashion. By creating a new model of dynamic ownership rooted in sustainability, RTR has made apparel rental an indispensable utility while also powering women to feel their best every day. RTR offers apparel, accessories and home decor from over 700 designer partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, Rent the Runway has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times. read more
EMPLOYEE
PARTICIPANTS
72
TOTAL
RATINGS
667
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Rent the Runway Retention Score

Rent the Runway is in the Bottom 20% of similar sized companies in its ability to retain quality employees. 48% of employees at Rent the Runway are excited to go to work each day. Overall, 33% of Rent the Runway's employees feel the company is doing what it should to retain them while 67% 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 Rent the Runway's Retention

  • BOTTOM
    20%

    In the Bottom 20% of 1835 Similar Sized Companies on Comparably

  • BOTTOM
    20%

    In the Bottom 20% of 702 Nearby Companies in New York

  • 3rd

    3rd place versus 4 competitors rated on Comparably

59
Mar
58
Apr
58
Jul
58
Nov
58
Dec
D58 / 100
Jan
Who Ranks Rent the Runway's Retention the Highest?
Department - HR 98/100
Ethnicity - Caucasian 80/100
Department - Engineering 77/100
Who Ranks Rent the Runway's Retention the Lowest?
Department - Operations 28/100
Ethnicity - Asian or Pacific Islander 35/100
Tenure - 1 to 2 Years 45/100

Rent the Runway Retention At a Glance

Rent the Runway's Retention score is rated a "D" by 72 employees. The category helps understand Rent the Runway's focus and commitment to retaining employees in their organization.

Over the past three months, Rent the Runway's Retention score has remained steady at 58/100. Rent the Runway ranks in 3rd place versus 4 competitors which include Nordstrom, Stitch Fix, Letgo, and Le Tote. The HR and Engineering departments are likely to stay at the company the longest, while the Operations department is likely to have the highest turnaround.

Rent the Runway's Retention score is in the Bottom 20% of 1835 similar sized companies (501-1,000 Employees) on Comparably. The Company ranks in the Bottom 20% compared to 702 nearby companies in New York.

Rent the Runway's Retention Trendline

  • Rent the Runway58
  • Other Companies in New York
  • Similar Size on Comparably

How Rent the Runway's Retention Score is Calculated

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Results from 72 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes44%
No56%
Do you believe you're paid fairly?
AnswerPercent
Yes69%
No31%
Do you look forward to interacting with your coworkers?
61
out of 100
How would you rate the quality of your coworkers?
AnswerPercent
Yes48%
No52%
Are you typically excited about going to work each day?
AnswerPercent
Every week0%
Once a month43%
Once a quarter29%
Once a year0%
Never28%
How often do you get valuable feedback on how to improve at work?
AnswerPercent
Yes50%
No50%
Do you approve of the job your executive team is doing at your company?
AnswerPercent
Yes33%
No67%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
AnswerPercent
Very Secure50%
Secure Enough50%
Neutral0%
Insecure0%
Very Insecure0%
How secure do you feel your job is at your company?
AnswerPercent
Yes100%
No0%
Do you have a close friend at work?
AnswerPercent
Yes100%
No0%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Multiple times a week33%
Once a week0%
Once a month67%
Once a quarter0%
Never0%
How often do you socialize with team members outside of work?
AnswerPercent
Yes0%
No0%
Do you feel burnt out at work?
AnswerPercent
Yes33%
No67%
Are you challenged at work?
AnswerPercent
Yes0%
No0%
Would you turn down a job offer today, for slightly more money?
AnswerPercent
Yes100%
No0%
Are you proud to be a part of your company?

Rent the Runway's Retention Rank Against Similar Sized Companies on Comparably

BOTTOM
20%

Rent the Runway ranks in the Bottom 20% of other companies on Comparably with 501-1,000 Employees for Retention Score.

  1. RAND
    58 / 100
  2. Charlotte Russe
    58 / 100
  3. Inmar
    58 / 100
  4. Rent the Runway
    58 / 100
  5. Benchling
    57 / 100
  6. CareerBuilder
    57 / 100
  7. Esri
    57 / 100

Rent the Runway's Retention Rank Against Other Companies Nearby

BOTTOM
20%

Rent the Runway ranks in the Bottom 20% of other companies in New York for Retention Score.

  1. SUMMIT
    58 / 100
  2. Plated
    58 / 100
  3. SmartAsset
    58 / 100
  4. Rent the Runway
    58 / 100
  5. TBWA\Chiat\Day
    58 / 100
  6. PDI,Inc.
    58 / 100
  7. MI Ventures
    58 / 100

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