News

LinkedIn says it’s most significant insight was that there is a worldwide turnover rate of 10.9 per cent, “defined as the percent of LinkedIn members who indicated they left a company” in a given year.


The sectors with the most talent turnover internationally:

1.    Technology (software, not hardware)             13.2%

2.    Retail and consumer products                        13%

3.    Media and entertainment                                11.4%

4.    Professional services                                     11.4%

5.    Government/Edu/Non-profit                           11.2%

6.    Financial services and insurance                   10.8%

7.    Telecommunications                                      10.8%

8.    Oil and energy                                                9.7%

9.    Aero/Auto/Transport                                       9.6%

10.  Healthcare and pharmaceutical                     9.4%


According to LinkedIn, the top reasons people leave their jobs are:

1.    Concern about lack of opportunities for advancement

2.    Dissatisfaction with the leadership of senior management

3.    Dissatisfaction with work environment/culture

4.    The desire for more challenging work

5.    Dissatisfaction with the compensation/benefits

6.    Dissatisfaction with rewards/recognition