Tech Workers Bailing On Their Jobs More Frequently

Attrition is a huge problem in the tech industry, according to Dice’s latest turnover data from the Bureau of Labor Statistics. Total quits in professional and business services in the first three quarters of 2015 averaged 508,200, the highest since 2002 and a 9% increase from the same period in 2014. Two big factors are a desire for higher pay and better location. The high turnover also means business and tech people are more confident in the economy. They’re also open to new jobs in cities with better housing and cost of living or with a company that has better work/life balance.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

Northern Virginia Office Tower Sells For Double Its 2024 Price

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Pennsylvania Avenue Office Sells For Repositioning: The D.C. Deal Sheet

Georgetown Waterfront Office-To-Condo Conversion Lands Financing

Westfield Montgomery Pays Off $350M Loan As New Retailers Expand In Mall

Tishman Misses Payment Deadline On $450M International Square Loan

Real Estate Firm Debuts With $126M Purchase Of Historic D.C. Building

Surging Costs Force Alexandria Developers To Shift Plans

Buyer Of BXP's Sumner Square Revealed: The D.C. Deal Sheet