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What Happened After Zappos Got Rid of Workplace Hierarchy
- brudgers 11y agoThat takes Zappos’ turnover rate for 2015 to 30 percent, which is 10 percentage points above their typical annual attrition rate. When a 20% attrition rate is normal for a company, an act designed to raise attrition taking it to 30% isn't really surprising or necessarily problematic...management looked at 20% attrition and determined it wasn't high enough. Having worked in large organizations, I would say it is not uncommon for 30% of people to be either suffering unhappiness and/or actively looking for something better. average severance paid out was about 5.5 months pay when we last analyzed the data If a person can line something else up, the economics of the buyout are pretty good even for someone who is moderately content.