![]() The industry traditionally sees high attrition, and with the rise of e-commerce and the decline of brick-and-mortar storefronts, companies need far fewer people on the floors. The revolving door of retail may have clearer causes. The roles that people left the most include lower-level, often-seasonal jobs, like retail salesperson (19.3%), food service professional (17.6%) and hospitality professional (17.0%). The industries within retail with the highest levels of turnover aren’t terribly surprising, with restaurants (17.2%), retail (16.2%), and sporting goods (14.8%) leading the way. Retail is transforming from brick-and-mortar to e-commerce. ![]() The numbers support this theory - according to LinkedIn data, almost half (49%) of departing tech employees take another job within the tech sector. There’s strong evidence to suggest that the trouble with retaining tech talent is high-demand and rising compensation within the industry: as employers and offers get more competitive, top talent is more eager to jump on new opportunities. In fact, embedded software engineers receive the most InMails per person of any occupation in North America. User experience designers had extremely high turnover at 23.3 percent (they’re also extremely in-demand), with both data analysts and embedded software engineers at 21.7 percent. The computer game (15.5%), Internet (14.9%), and computer software industries (13.3%) had the highest turnover in tech - but those rates pale in comparison to the churn you see within particular occupations. Tech turnover is likely driven by increasing demand and compensation.What’s interesting though is why these industries have such high turnover, as the reasons are very different. Financial Services and Insurance, 10.8%.The industries with the highest turnover rates are: Industries with the highest turnover rates are tech (software), retail and media The latter is particularly interesting, because the reasons appear contradictory on the surface. Cutting the same data, we were able to identify both the industries with the highest turnover and the reasons behind the high turnover. the percentage of full-time employees who leave their organization – either voluntarily or non-voluntarily – in a given year)? And, more importantly, what’s causing that high turnover? ![]() But what industries have the highest turnover rates (i.e. Here's a stat – across all industries, the turnover rate is 10.9 percent, based on LinkedIn’s data of half-a-billion professionals.
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