oboloo Glossary

Average Attrition Rate In Tech

oboloo Glossary

Average Attrition Rate In Tech

From CEOs to interns, tech companies must always consider their attrition rate – the rate at which employees are leaving the company. It’s an important indicator of the company’s health and can give a good indication of employee morale, workload efficiency, and even the quality of leadership within the organization. The average attrition rate for tech businesses has decreased over the past decade as competition for talent grows, but still stands at around 12–15%. This means when a tech-related business hires 100 employees, it should expect to lose between 12 and 15 by the end of the year. By keeping an eye on this metric, businesses can ensure they are actively managing employee retention and creating an environment where people want to stay.