"What Do You Mean They Quit?!" Don’t Give Your Engineers a Reason to Leave
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Discover the pillars that helped build long-lasting employee satisfaction at Change.org and Notion.
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"What Do You Mean They Quit?!" Don’t Give Your Engineers a Reason to Leave
- 1. Quang Hoang Co-Founder and CEO Plato @qhoang09 Elaine Zhou CTO Change.org @softwired Michael Manapat Head of Engineering Notion @mlmanapat “What Do You Mean They Quit?!” Don’t give your engineers a reason to leave
- 3. It’s So Scary Out There…We Could Scream
- 4. It’s So Scary Out There…We Could Scream * Data reported on U.S. companies from various sources. ⅓ New hires leave after 6 months 57.3% Average turnover rate $1T Lost
- 5. Losing Engineers Hurts ● Extremely expensive to replace ○ Cost to hire ○ Vacancy cost ○ Productivity costs ● Competition for talent is at an all-time high ● Engineering salaries amongst the most expensive ● Remote-first work environments have opened up job markets ● Low retention has high impact on morale ● Negative impact on company reputation
- 7. Quang Hoang Co-Founder and CEO Plato @qhoang09 Elaine Zhou CTO Change.org @softwired Michael Manapat Head of Engineering Notion @mlmanapat “What Do You Mean They Quit?!” Don’t give your engineers a reason to leave
- 8. The best ways to retain your top engineering talent is to: 1. Focus on retaining your engineers from day 1 2. Empower your engineers to excel in their roles 3. Build a culture where people don’t want to leave Top Takeaways
- 9. THANK YOU
Hinweis der Redaktion
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- https://www.bls.gov/jlt/home.htm https://www.enrich.org/blog/The-true-cost-of-employee-turnover-financial-wellness-enrich#:~:text=The%20Society%20for%20Human%20Resource,in%20recruiting%20and%20training%20costs. https://www.bls.gov/news.release/pdf/jolts.pdf https://hired.com/2022-state-of-software-engineers/?utm_source=pr&utm_medium=content&utm_campaign=(a-all)(l-all)(r-all)(sose-press-release-mar-2022 https://thenewstack.io/2022-tech-salary-job-market-projections-recruiter-robert-half/ https://www.gallup.com/workplace/247391/fixable-problem-costs-businesses-trillion.aspx https://financesonline.com/employee-turnover-statistics/ https://www.linkedin.com/business/talent/blog/talent-strategy/industries-with-the-highest-turnover-rates
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