How quit rates vary by company size

Interesting slide shows about the world Slideshow World by [ArcaMax](?ezine=782&r=dLsWDR50nizRg4-GxEAFBchFU5-W491SPPEjTEutkeJDOjMyNzAwODM2NDpKOjIxNzYwMjg6TDo3ODI6Ujo0NDcwNzU6Vjo0OA) [How quit rates vary by company size]( Chandler Friedman [ How quit rates vary by company size ]( [See full slideshow »]( Nearly 3.5% of private-sector workers quit their jobs in November 2021, marking a record high point for the "Great Resignation" trend. But workers' increased tendency to quit has not affected companies of all sizes equally. Sana analyzed differences in quit rates among various organizations, and found the largest companies in the private sector had the lowest quit rates, sometimes below even those in the public sector. While reasons for quitting vary, the data show a higher percentage of public sector employees sticking around, while a higher percentage of private sector employees cut ties and sought new opportunities elsewhere. The analysis used Job Openings and Labor Turnover Survey data from the Bureau of Labor Statistics as of August 2022, the most recent nonpreliminary data available. COVID-19-related instability led to a massive spike in unemployment in early 2020, potentially encouraging job seekers to prioritize security at work. That shift may have contributed to what the analysis found: a higher quit rate among small private companies, which some perceive as less stable, and a lower quit rate among workplaces viewed as more stable, such as large companies and government employers. Visit thestacker.com for similar lists and stories. [Tweet It]( - [Facebook It]( Sponsor [ Life Advice Digest ] Life Advice Digest Get the most popular advice columns by email daily -- for free (no paywalls)! Dear Abby, Ask Amy, financial, health, parenting advice columns and many more. [Subscribe now to the Life Advice Digest!]( -- From the ArcaMax editors More Slideshow World from ArcaMax.com - [3 most common Small Business Administration loans--and which type might be good for your business]( - [States with the most rental vacancies in 2022]( - [The supply chain is still facing bottlenecks--here's how manufacturers are responding]( [Click To Unsubscribe]( | [Customer Service]( | [Privacy Policy]( | [California / Nevada Privacy Info]( 1706 Todds Lane, Box 311, Hampton, VA 23666 Copyright © 2023 ArcaMax Publishing [Facebook]( [Twitter](/ArcaMax)