Comparably’s “Companies With Great Retention”
This past month, Golden Hippo was highlighted as one of Comparably’s Companies With Great Retention. Our submission was featured 2nd, talking about how much our employees love being here and why they want to stay.
Read through our responses down below and check out the article here.
Why is your company so successful at employee retention? Can you give us some stats if possible?
At Golden Hippo, we care greatly for our employees. We offer a fantastic benefits program, from healthcare to spot bonuses so that our Hippos feel supported not only in the office but outside the office as well. By showing attention to the personal lives of our Hippos, they know that we are with them every step of the way throughout their growth process with us. During Quarter 1 of 2021 and 2022 at Golden Hippo, we had an average exit rate of 7.6%. We believe that Hippos stay with us because we offer a safe, uplifting, and inclusive environment that encourages our employees to want to work with us for years to come. In fact, in a recent Indeed review from a current employee, they state, “I hope to be able to retire with Golden Hippo, and that is saying a lot as I am in my 30s.” This is a true testament to how dedicated our Hippos are to continuing their futures with us, which is something you don’t get from too many companies.
How have you been able to resist the effects of The Great Resignation?
The Great Resignation was and still is a difficult concept to come to terms with, which is why we are so proud of our team for continuing to stick with us. During the peak of the pandemic, our Quarter 1 exit rate was 7.2%, which is incredibly low given the circumstances. In addition, the e-commerce industry attrition rate was at 30.7% as of last year, but Golden Hippo paced far below an average of 20.1%. Today, we continue to double down on our reputation by sharing employee stories and by continuing to shed light on who we are as a community. The effects of The Great Resignation have strengthened us and allowed us to reevaluate our company image as we move forward into a new dawn for Golden Hippo.