Employee turnover in Tech

Employee Turnover (attrition rate) in tech, is higher than most industries

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According to LinkedIn, in 2021 the tech industry had a turnover rate of...

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It’s more efficient and cost-effective to retain high-quality employees than it is to source, recruit, and onboard a replacement employee

Reasons for a high attrition rate in tech...

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Learn more about attrition rate in tech...

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There is such demand for tech roles, that workers know they can quit and find something better. The employees have the power.

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Employee turnover in Tech

By Dale Cullen

Employee Turnover (attrition rate) in tech, is higher than most industries

According to LinkedIn, in 2021 the tech industry had a turnover rate of...

12.9%

Compared to an average of 10.6% in jobs overall

It’s more efficient and cost-effective to retain high-quality employees than it is to source, recruit, and onboard a replacement employee

"

Reasons for a high attrition rate in tech...

1. Seeking higher compensation (71%)

2. Looking for better working conditions (47%)

3. Seeking more responsibility (32%)

4. Seeking more creative opportunities (26%).

Learn more about attrition rate in tech...

There is such demand for tech roles, that workers know they can quit and find something better. The employees have the power.

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Learn more about digital skills management to reskill employees & improve your retention rate