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That's because whatever statistic you pulled doesn't account and adjust for Google's growth which is massive in the past couple of years. If a majority of emplo
by askafriend 9y ago
That's because whatever statistic you pulled doesn't account and adjust for Google's growth which is massive in the past couple of years. If a majority of employees are new hires, then they haven't been there for 2 years and that drags down the average....
We need to stop repeating these statistics with no context. It's incredibly misleading.
- corporateguy5 9y agoNah the tenure is actually just short. Big tech company employees are in high demand.
- polishTar 9y agoYep. The attrition rate is not even remotely close to 50%. My recollection was that this turnover rumor started with a stat that at one point in Google's recent growth, the median tenure of the employees was only 2 years. This stat then got interpreted (and then reported) by some as Google having an obscenely high turnover. Of course, you can't get turnover rate from median tenure, they're completely different things. If the size of a company doubles in a year, the median tenure will be <=1yr. If the most junior employees of another company start quitting en mass, the median tenure for the remaining employees will actually increase. Median tenure is a completely useless in determining how many people are leaving a company.