Stable employees

Replacing employees is an expensive business. So how can employers encourage their workers to stay? According to jobs site Glassdoor, the main reason people leave a job is to go to a firm with a better company culture.

The employees who work on the private sector  has an average amount of time spent in is 15 months.    Thus employees working for the government stayed longer – on average 18.6 months. Workers in the aerospace and defense, media, IT, telecommunications and non-profit sectors also remained in their jobs longer than average.

In addition construction workers switched jobs on average every 10.6 months. Other fast-turnaround industries included biotech and real estate.

Nevertheless is good to mention that a paper by the Wharton School of the University of Pennsylvania found that employees receive the greatest long-run benefits by taking different roles at their current company. By contrast, switching employers led to initial increases in pay but smaller career advancement benefits.