Attrition rate at Google/Amazon/Facebook after N years?
Jul 27, 2020
26 Comments
Does anyone know approximately what percentage of Googlers, Amazonians and Facebookers leave the company after 1 year, whether it was from a pip or not? Also interested in other time periods, such as N = 2 years or 5 years.
TC: 275, NY
comments
The issue with avg tenure is that it gets heavily skewed in companies that hire rapidly. Fb, as an example has been growing at >30% y/y which will always makes it feel like everyone is new and avg tenure is very low. This is not due to attrition (which is what OP asked)
Also may depend on HM but I don’t try to bring people in top of band. Then they have no room to grow (unless promoted which depending on entry level may not be practical). That’s a recipe for 3-4 and done.
3-4 L5 to L6 ?
In fast growing companies, this figure is more influenced by YOY hiring than by attrition (which is what you actually care about).
As an example, since fb has been growing at >30% y/y, a person would be tenured than roughly 60% of employees 2 years after joining without anyone leaving. This will be reflect in a median tenure of less than 2 years assuming no one ever leaves..
Ideally you track a cohort (e.g. people that joined in 2015) and then check how many are still and when did those that left do so