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

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet

Master Plan Is Underway For Southwest D.C., Chief Federal Planner Says

BXP Execs See Better Returns In Building Offices Than Buying Them

The Las Vegas-Style Sphere Just Outside D.C. Is A Go

The 'Zombie' Building Mirage: How Owners Who Can't Transact Are Stirring The Market

Coffee Shop Signs Lease At Downtown Trophy: The D.C. Deal Sheet

Oliver Carr Jr.'s Firm Sells Alexandria Project To His Son's Company

Bill Barr's Law Firm Expands Footprint In Move To Pennsylvania Avenue

Amazon Ditches Ashburn Data Center Plan, Shifts To Mixed-Use Vision

Bowser Wants To Lock In A $550M Spa Before She Leaves. D.C. Council Members Are Pushing Back

Downtown Conversion Lands Construction Loan: The D.C. Deal Sheet

Fairfax Pays $23M For Innovation Center Site, With Plans For Affordable Housing