Employee Turnover Rates
This cluster centers on discussions of high employee turnover, attrition, and churn rates in tech companies like FAANG, including causes such as job hopping, burnout, PIPs, short average tenures, and implications for retention and company health.
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perhaps he has a high turnover rate?
They must have a lot of churn, that's a significant percentage of their entire workforce.
Most "attrition" figures are based on average tenure in exponentially growing companies like Amazon or Google. Real attrition is much lower than those figures.
How many will be there in 2 years or how many have left in the past 12 months? They have insane churn, something like avg tenure is 16 months for an engineer. Between burnout and pip I wonder if this is just hedging bets.
The one~two year turnover is usually for employees that can easily come and go. Key individual contributors for instance often stay for far longer, forgoing more lucrative options to keep working on an environment that fits them.Losing people in these positions will hurt a lot more than the average engineer/sales moving on after a short stint.
Do you have a high turnover rate?
Perhaps it reflects employee turnover rather than the company size.
Weren't high turnover rates at FAANGs largely due to people job hopping to other FAANGs for even higher salaries?
Don't ask directly about turnover. Ask about average time people stay there. (Depending on your formulation of the question, you give them an opportunity to brag about how much they are growing and thus having new-ish people.)
1-2 years is business as usual; multiple employees quitting in less than 3 months means you're doing something wrong.