The New Tech numbers tell a story of (mostly) young and fast growing companies that are some of the most in-demand places to work in the world right now. But what makes a New Tech company is not their age, size or industry - it is their approach to business. All of our New Tech companies are disruptive at their hearts; often internet-based or focused on creating bold new technologies. Types of companies include:
Cloud based application development
Internet based services
Modern consumer electronics
You can read more about our sampling methodology here.
New Tech Companies ranged from ~30 to ~5000 people in size and size based benchmarks are available (see below).
Response rates ranged from ~50% up to 100% with a median of 86%.
Because Culture Amp has the largest modern technology benchmarks in the world we are able to provide a range of different subsets of the New Tech Benchmark based on size and other criteria such as performance and/or growth metrics. The growing list for 2017 is outlined below.
New Tech 2017: Benchmark data from all our New Tech companies. This is the biggest New Tech dataset and the most robust overall representation of the industry.
New Tech 2017 | Sub 200: This is a benchmark narrowed down to just New Tech companies with 200 or fewer people. This is particularly useful is you're still definitely under 200 people. There are 100+ companies and 10,000+ people in this benchmark. Average size is ~ 100 and median response rate is 89% (NB we use median response rates where there are outlying values that are skewing results).
New Tech 2017 | 200-500: This benchmark captures data from the mid tier sized New Tech companies that have surpassed the 200 people milestone but not yet cracked the 500+ size. There are 50+ companies and 15,000+ people in this benchmark. Average size is ~ 300 and average response rate is 85%.
New Tech 2017 | 500+: This benchmark is for New Tech companies that have crossed the critical 500 person threshold representing a point at which most companies begin to have more complex structures. Most companies in the benchmark are still well short of 5000 people though. There are 30+ companies in this benchmark and 40,000+ people. Average size is ~1100 people and average response rate was 79%.
New Tech 2017 | Top 25%: This benchmark is a great high performance aspirational benchmark that represents the point at which scores are in the top 25% of all companies on any given question. This benchmark represents a threshold in the overall benchmark so does not involve a different subset of companies.
New Tech 2017 | Top 10%: This benchmark is an even more aspirational benchmark that represents the point at which scores are in the top 10% of all companies on any given question. This benchmark represents a threshold in the overall benchmark so does not involve a different subset of companies.