3 ms·
Actuarially, just go with 1 per 1000 employees for bigger companies. Go 1 in 3000 as a lower boundary, but as high as 1/500 or less for companies with older or
by wjnc 8y ago
Actuarially, just go with 1 per 1000 employees for bigger companies. Go 1 in 3000 as a lower boundary, but as high as 1/500 or less for companies with older or lower skilled employees.
I do agree with other commenters that your procedures should keep you safe in case of regular churn (say 1 in 3 to 1 in 10) or even non-regular churn (say due to a toxic team-lead and a whole team quitting).
Ideally procedures should be in place that treats all these events quite equally and favor robust practices.
- jacquesm 8y agoUpper management tend to travel quite a lot and tends to be under high levels of stress. So turnover there, due to buses, disease, burn-out or other mishap is substantially higher than in the population at large. And of course they can simply stop showing up one day for reasons all their own as well. In all of those cases it might as well have been a bus.