Attrition < 5% would imply average stay would trend to >20 years. I don't think that's healthy.
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In the one case I personally saw, it was because the company is a great place to work. It's not like people are forced to stay!
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Companies brag about their perks, but I'd rather see bragging about how the environment is so great that people actually choose to stay.
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.Agree, but I think it's unlikely that many companies would be willing to share attrition data, both qualitative and quantitative.
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In 2013, Red Hat software group claimed 1.5% attrition rate. In my year working here, it feels true, and looks much lower than my other gigs
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Same at IBM during the 'good times' although I don't think that's a good thing :)
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GitHub was bragging about 0% attrition some years ago and then it all blew up in bunch of scandals
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Lots of variables to control for there. A bad tech company in a non-tech town will retain better than a great tech company in the valley.
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I've heard Amazon Prime churn is south of 2%
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I have a very hard time believing that. Average Amazon tenure is 12 months I have heard.
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