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Genentech Inc.

About Genentech Inc.

The employee Careerlab was launched as a resource to support the career aspirations of all employees by empowering them to own their careers with management guidance. Because of this program, Genentech maintains an employee turnover rate of 5.2%—far below the industry average of 11%. Additionally, 42% of job openings are sourced with internal candidates. In 2014 and 2015, the CareerLab helped 120 high-potential employees whose positions were being eliminated find new roles in the company, resulting in a retention cost savings of $31.5 million.