How Culture 500 Company Attrition Rates Compare Within Industriesĭuring the Great Resignation, companies within the same industry have experienced varying degrees of attrition. (See “How Culture 500 Company Attrition Rates Compare Within Industries.”) Workers are 3.8 times more likely to leave Tesla than Ford, for example, and more than twice as likely to quit JetBlue than Southwest Airlines.
The figure below compares competitors with high and low attrition rates within their industries. Even within the same industry, we observed significant differences in attrition rates. Industry explains some of the variation in attrition rates across companies but not all of it. Enterprise software, which also suffered high churn, employs the highest percentage of engineering and technical employees. Management consulting, in contrast, had the second-highest attrition rate but also employs the largest percentage of white-collar professionals of any Culture 500 industry. Some of the hardest hit industries - apparel retail, fast food, and specialty retail - employ the highest percentage of blue-collar workers among all industries we studied. The Great Resignation is affecting blue-collar and white-collar sectors with equal force. The industries with the highest percentage of blue-collar workers are noted in light blue. This chart shows the average attrition rate across 38 industries from April through September 2021. Industry Average Attrition Rate in the Great Resignation 3 The data, from Revelio Labs, where one of us (Ben) is the CEO, enabled us to estimate company-level attrition rates for the Culture 500, a sample of large, mainly for-profit companies that together employ nearly one-quarter of the private-sector workforce in the United States. workers who left their employer for any reason (including quitting, retiring, or being laid off) between April and September 2021. To better understand the sources of the Great Resignation and help leaders respond effectively, we analyzed 34 million online employee profiles to identify U.S. More importantly, they are looking for ways to hold on to valued employees. 2 As the Great Resignation rolls on, business leaders are struggling to make sense of the factors driving the mass exodus. 1 Between April and September 2021, more than 24 million American employees left their jobs, an all-time record. The meanings of shun and escape largely overlap however, shun often implies an avoiding as a matter of habitual practice or policy and may imply repugnance or abhorrence.More than 40% of all employees were thinking about leaving their jobs at the beginning of 2021, and as the year went on, workers quit in unprecedented numbers. However, evade implies adroitness, ingenuity, or lack of scruple in escaping or avoiding.Įvaded the question by changing the subject When would shun be a good substitute for escape? In some situations, the words evade and escape are roughly equivalent.
While in some cases nearly identical to escape, eschew implies an avoiding or abstaining from as unwise or distasteful.Ī playwright who eschews melodrama When can evade be used instead of escape?
What she sees in him eludes me When is eschew a more appropriate choice than escape? Specifically, elude implies a slippery or baffling quality in the person or thing that escapes. The words elude and escape are synonyms, but do differ in nuance. Try to avoid past errors When is it sensible to use elude instead of escape? The words avoid and escape can be used in similar contexts, but avoid stresses forethought and caution in keeping clear of danger or difficulty. Nothing escapes her sharp eyes When could avoid be used to replace escape? While all these words mean "to get away or keep away from something," escape stresses the fact of getting away or being passed by not necessarily through effort or by conscious intent. Some common synonyms of escape are avoid, elude, eschew, evade, and shun. Frequently Asked Questions About escape How does the verb escape contrast with its synonyms?
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