Connect with us

Business

Ranked: Worst Companies for Employee Retention (U.S. and UK)

Published

on

Ranked: Worst Companies for Employee Retention (U.S. and UK)
Editor’s Note: This graphic is being updated by the Creator to reflect the rebrand of Elevance Health from Anthem in 2022.

The Worst Companies for Employee Retention (U.S. and UK)

Employees consider various factors when committing to a company long term, including a positive work environment, fair compensation, job security, opportunities for professional growth, and resilience against disruptive changes in the economy or technology.

So, which companies have the worst employee retention?

To create these graphics, Resume.io analyzed LinkedIn data to identify large companies where employees have the shortest tenures in both the U.S. and the UK.

Tech Giants on Top of the List

Resume.io ranked the top 100 companies by market cap in the U.S. and UK based on their average employee tenure through an analysis of their LinkedIn pages.

With a turnover rate of 13.2%, the tech industry is the economy’s most turbulent.

Tech giants comprise three of the five shortest average tenures among company workforces. On average, staff at companies like Apple, Amazon, and Meta quit their jobs before the second year.

Rank Company Median Tenure (years)
1Apple 1.7
2Amazon1.8
2Meta1.8
4Tesla2.0
5AMD2.3
5ServiceNow2.3
7Salesforce2.8
7NextEra Energy2.8
9S&P Global2.9
9TJX2.9
11Goldman Sachs3.0
12Abbott3.1
12Netflix3.1
12Vertex3.1
15Nvidia3.2
15Mastercard3.2
17HCA Healthcare3.4
18PayPal3.6
19Alphabet3.7
19Thermo Fisher Scientific3.7

Over the years, Apple and Meta have been seen as top companies to work with, with employees enthusiastically praising their cultures, values, benefits, and perks.

However, recent shifts, such as the return-to-office policies and lack of stability, have taken a toll on these companies.

Following the Covid-19 pandemic, Apple instituted a three-day-a-week in-office schedule in 2022. According to Tech.co, 67% of employees expressed dissatisfaction with the policy at that time.

Last year, Meta grabbed headlines by announcing the most significant tech layoff of the year, involving a 13% reduction in staff.

Cost of Living Weighs on UK Employee Retention

Retaining workers has also been a challenge for UK companies.

In fact, recent PwC research found that a fifth (21%) of UK workers are unsatisfied with their current jobs.

The list of worst companies for employee retention in the UK is led by British luxury hotel brand InterContinental Hotels & Resorts, which has a median tenure of 1.6 years.

The-Top-20-Major-UK-Companies-Employees-Dont-Stay-At

At the top of the list are also British banking and insurance holding company NatWest Group plc and one of the world’s largest advertising companies, WPP.

Among the top complaints of UK workers are salary and benefits amid an increasingly challenging cost of living. Nearly half (47%) of UK employees have little to nothing left over for savings at the end of each month.

Editor’s Note: This article originally included Elevance Health, but due to the company’s 2022 rebrand, their employee tenures were not tracked consistently. It has since been updated.

green check mark icon

This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.

Click for Comments

Venture Capital

Ranked: The World’s 50 Largest Private Equity Firms

In this graphic, we show the largest private equity firms in the world—from titan Blackstone to China’s leading alternative funds.

Published

on

The World’s 50 Largest Private Equity Firms

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In 2023, private equity firms controlled $8.2 trillion in assets globally according to McKinsey & Company, a figure that has rapidly expanded since the industry first emerged 40 years ago.

As large investors such as pension funds and insurance companies increasingly look to private markets, these alternative asset managers have seen their assets grow by more than twofold in the last five years.

This graphic shows the top 50 private equity firms worldwide, based on data from Private Equity International (PEI).

The Top 50 Private Equity Firms

To determine the rankings, private equity firms were defined as those that raise capital with the purpose of directly investing in businesses, covering diversified private equity, venture capital, growth equity, buyouts, along with turnaround or control-oriented distressed investment capital.

The ranking does not include funds of funds, private investment in public equity (PIPE), or funds that follow a secondaries, real estate, infrastructure, hedge fund, debt or mezzanine strategies.

Below, we show the 50 biggest private equity companies around the world, measured by the scale of capital raised over the five-year period ending March 31, 2023:

RankingFund ManagerCityCapital Raised
1BlackstoneNew York$125.6B
2KKRNew York$103.7B
3EQTStockholm$101.7B
4Thoma BravoChicago$74.1B
5The Carlyle GroupWashington DC$69.7B
6TPGFort Worth$55.0B
7Advent InternationalBoston$52.9B
8HgLondon$51.0B
9General AtlanticNew York$48.7B
10Warburg PincusNew York$48.5B
11Silver LakeMenlo Park$48.3B
12Goldman SachsNew York$45.4B
13Bain CapitalBoston$44.3B
14Clearlake Capital GroupSanta Monica$44.0B
15CVC Capital PartnersLuxembourg$41.8B
16Vista Equity PartnersAustin$41.5B
17Clayton, Dubilier & RiceNew York$41.1B
18Hellman & FriedmanSan Francisco$40.9B
19Insight PartnersNew York$40.2B
20Leonard Green & PartnersLos Angeles$39.6B
21Permira AdvisersLondon$34.8B
22CinvenLondon$32.7B
23Brookfield Asset ManagementToronto$31.2B
24Nordic CapitalSaint Helier$31.1B
25Genstar CapitalSan Francisco$29.9B
26Francisco PartnersSan Francisco$28.3B
27Tiger Global ManagementNew York$28.3B
28Blue Owl CapitalNew York$27.2B
29Partners GroupZug$26.7B
30Ares ManagementLos Angeles$26.6B
31Hillhouse Capital GroupSingapore$26.4B
32L CattertonGreenwich$24.1B
33Neuberger Berman
Private Markets
New York$23.7B
34PAI PartnersParis$23.7B
35TA AssociatesBoston$23.5B
36Apollo Global ManagementNew York$22.8B
37Stone Point CapitalGreenwich$22.3B
38BC PartnersLondon$20.3B
39Adams Street PartnersChicago$20.2B
40BlackRockNew York$19.9B
41BDT & MSD PartnersChicago$19.5B
42Veritas CapitalNew York$19.0B
43BridgepointLondon$18.0B
44ArdianParis$17.9B
45HarbourVest PartnersBoston$17.5B
46China Reform Fund
Management Corporation
Beijing$16.8B
47Andreessen HorowitzMenlo Park$16.7B
48Thomas H. Lee PartnersBoston$16.0B
49Summit PartnersBoston$16.0B
50PSG EquityBoston$15.8B

Private equity titan Blackstone is the top in the United States and the world, raising $125.6 billion in capital from 2018 to 2023.

Headquartered in New York, Blackstone’s total assets under management stood at $991 billion as of the first quarter of 2023, and have since surpassed $1 trillion this year. For perspective, this is comparable to the GDP of the Netherlands.

Following next in line are KKR and Sweden’s EQT, each raising over $100 billion. In fact, this was the first time three firms achieved this $100 billion equity-raise milestone in PEI’s ranking over a five-year period. This was particularly notable given a challenging fundraising landscape amid higher borrowing costs and lagging dealmaking activity.

North American Firms Dominate Private Equity

As we can see, the vast majority of the biggest private equity firms are based in America, accounting for 36 of the top 50 firms globally. North American PE firms made up $1.34 trillion (72%) of the $1.85 trillion raised by the top 50 firms in the ranking.

Falling in second by a wide margin is Europe, with nine firms making up $179 billion (9.7%) of the total funds raised. Many of Europe’s largest private equity firms are based in London, England, with the most prominent asset managers in the city being Hg and Permira Advisors.

Across Asia, the top alternative investment firm was Singapore-based Hillhouse Capital Group, which launched in 2005. The firm has backed several internet companies spanning from Tencent, the largest publicly-traded company in China, to Baidu, but has faced increasing setbacks amid regulatory crackdowns and a sluggish Chinese stock market.

Continue Reading
Voronoi, the app by Visual Capitalist. Where data tells the story. Download on App Store or Google Play

Subscribe

Popular