Cisco Systems Culture
Cisco is a company that has a high rate of retention on its employees. According to Yves Lermusiaux, in his Recruiting at Cisco, the company’s highest turnover rate in the 90s was 7.3%. In 1999, it only has 6.3% of turnovers. Randall irkwood, Cisco’s Director of Employment, states the following formulas with regards to retaining employees (Lermusiaux, 2000).