Unfair Employee Treatment Cost Companies $16 Billion
Unfair treatment meted out to certain kinds of workers is driving away people from tech jobs. According to the ‘Tech Leavers Study’ by the Kapor Center for Social Impact, not only is unfairness the biggest reason for tech workers to quit jobs, it can also cost tech companies close to $16 billion per year to find replacements. The study spans more than 2,000 people who left their tech jobs over the past three years.
“While the hot job market is typically blamed for high rates of turnover in tech, the data suggests it is a bit more complicated: experiences with unfairness are actually driving many employees to leave, particularly within tech companies,” the study said. MORE