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‘More Than 80% Employees Have Tenures Of Less Than Five Years’


What are the reasons behind employees opting for shorter tenures and how long are they sticking with their organizations on an average? Wisdomjobs recently carried out a survey of private sector employees which found that more than 80% of the respondents have had tenures of less than 5 years with their current employers. This is in sharp contrast to a decade ago when nearly 25% of employees had tenures of 10 years or more.

The key findings from the survey were...

Average tenures

* 65% of the respondents had a current tenure between 2-5 years.

* Of them, 17% of had been with their current companies for less than two years.

* On the other hand, only 12% of those surveyed have served more than 10 years with a single organization.

Reasons for shorter tenures

* More than 50% of those surveyed say that their shorter tenures are a result of them seeking more senior roles.

* 24% said that it was due to lack of visible growth in their current roles.

* 18% attributed it to their desire to learn a new skill, which they felt was not a possibility in their earlier roles.

* 10% said their shorter tenures are due to unsatisfactory appraisals and the need for higher remuneration.

Above sectoral analysis shows that the trend of short tenures is the highest in the IT sector at 45%, followed by the BPO sector at 38%, ITes sector at 33%, and the Recruitment sector at 28%, the main reasons being target-oriented roles and higher stress levels.