20 Companies with the Worst Staff Retention Rates

Thursday, June 30, 2022

Facebook, Coinbase, Amazon... which big name companies are doing the worst job of holding on to their staff amid the Great Resignation?

Infographic 5 Minutes
20 Companies with the Worst Staff Retention Rates

How long should you stay in a job? Most recruiters and employment experts say that anything less than 15 months in one role will stain your CV. After all, companies aren't interested in hiring people with professional commitment issues.

But you can't blame every short tenure on the employee. Because as online CV builder Resume.io recently discovered, some companies are terrible at holding onto their staff.

Using data on average tenure lengths collected from LinkedIn, Resume.io researchers put together some charts highlighting the companies with the worst employee retention rates.

Cryptocurrency exchange platform Coinbase has the (dis)honor of topping the chart of companies staff don't stay at with an average tenure rate of just 0.8 years!

The firm is renowned (or some might say notorious) for a 'high-demand culture.'  CEO Brian Armstrong also has a 'unique' way of dealing with staff who don't believe in the Coinbase mission.

In response to criticism from staff regarding recent changes at the firm, Armstrong sent out this no-nonsense Tweet:

"It's easy to be a critic, harder to be part of the solution. If you can't [be part of the solution,] then quit. Thanks!"

Brutal!

And Coinbase isn't the only high-profile tech company with a poor retention rate. In fact, you'll be shocked by some of the other billion-dollar tech firms that made it onto the list.

See who they are in the infographic below.

Resume.io visual of the 20 companies with the worst employee retention rates

Ashley Murphy

Ashley graduated with a BA (Hons) in English Literature and Creative Writing from the University of Manchester. He began working as a freelance content writer in 2015. He specializes in technology, higher education, advertising copy, and current affairs.

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