The Aussie companies workers don’t want to leave

New data has revealed the Aussie company that holds onto its staff for nearly a decade, and the ones from which workers can’t wait to flee.

Data has revealed the Aussie companies that hold onto staff for years and years.

New data has revealed the Aussie company that holds onto its staff for nearly a decade, and the ones from which workers can’t wait to flee.

Online career coaching firm Resume.io analysed the LinkedIn pages of Australia’s 100 largest companies by market cap — the total value of a company’s shares of stock — to determine which had the very best and very worst retention rates.

It found Aussie steelmaking company BlueScope had the best staff retention rate of all the companies, with its workers staying on for an impressive average of 9.7 years.

Qantas had the second-highest average tenure, holding onto staff for, on average, 8.6 years.

Resource company Alumina Limited came in third place, with an average retention rate of 8.5 years, ahead of supply chain logistics company Brambles, where staff stayed for 8.4 years, on average.

Steelmaker BlueScope had the best retention rate of any of the companies. Picture: John Feder.

Some companies, however, weren’t so great at convincing workers to stay. In February, data from the Australian Bureau of Statistics found job mobility was at a 10-year high, with more than half of employed Australians having been in their job for five years or less. Younger workers were more likely to flee their jobs than older ones, the ABS found.

According to Resume.io, mining and engineering firms accounted for eight of the 10 lowest average tenures of the companies it analysed.

Battery minerals company Liontown held onto staff for just slightly more than six months, on average.

Tech giant Atlassian was next, with a staff retention rate of 1.1 years, on average, followed by Novonix, with 1.2 years, on average.

Battery minerals company Liontown had a staff retention rate of just six months.

Best Australian companies by staff retention rate

1. BlueScope – 9.7 years
2. Qantas – 8.6 years
3. Alumina Limited – 8.5 years
4. Brambles – 8.4 years
5. Telstra – 7.8 years
6. Santos – 7.8 years
7. Origin – 7.7 years
8. ANZ – 7.3 years
9. Bendigo and Adelaide Bank – 7.3 years
10. Lendlease – 7.2 years
    

Worst Australian companies by staff retention rate

1. Liontown – 0.6 years
2. Atlassian – 1.1 years
3. Novonix – 1.2 years
4. Ansell – 1.4 years
5. Washington H. Soul Pattinson – 1.6 years
6. Piedmont Lithium – 1.6 years
7. Mineral Resources – 1.7 years
8. Deep Yellow Limited – 1.9 years
9. Bigtincan – 1.9 years
10. Appen – 2 years