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I interviewed at FB and Amazon last summer and I asked how long people stay once they are hired. At both companies I was told the average tenure is about 1.5 -
by sj3k 6y ago
I interviewed at FB and Amazon last summer and I asked how long people stay once they are hired. At both companies I was told the average tenure is about 1.5 - 2 years. That was a big yiiiiikes moment for me. People don't stick around long enough to get promoted.
- NeverFade 6y ago> People don't stick around long enough to get promoted. Why do you think that is? Perhaps because the odds of getting promoted are smaller than hopping to a better position in a different company, which is what I argue. If the odds of internal promotion were good enough, why would these employees take the risk and hassle of hopping?
- sj3k 6y agoVery good point and definitely something I can personally relate to.
- avl999 6y agoRSUs from your signing bonus vest fully at 2 years (atleast at Amazon). A lot of people bail as soon as that vesting happens.
- mattjp 6y agoThis is not true. RSUs vest fully after 4 years. They begin vesting (meaningfully) after 2 years.
- driverdan 6y agoThat screams terrible job. If it's a good place to work people wouldn't immediately leave.
- pnw_hazor 6y agoIt also says something about the people that are willing to stick around. Not good things.
- sj3k 6y agoI don't remember the fully vest time at amazon but at FB it was 4 years.
- mingfli 6y agoIMO this is the wrong metric to look at. Any company that has experienced hyper growth (like FB or Amazon) will see very low average tenures simply because of math. The right metric is avg tenure at time of attrition.
- derangedHorse 6y agoTypically when tenure is mentioned, it’s only referring to the people who were hired and left (not people who are still working)