The Worst Companies for Employee Retention (U.S. and UK)
Employees consider various factors when committing to a company long term, including a positive work environment, fair compensation, job security, opportunities for professional growth, and resilience against disruptive changes in the economy or technology.
So, which companies have the worst employee retention?
To create these graphics, Resume.io analyzed LinkedIn data to identify large companies where employees have the shortest tenures in both the U.S. and the UK.
Tech Giants on Top of the List
Resume.io ranked the top 100 companies by market cap in the U.S. and UK based on their average employee tenure through an analysis of their LinkedIn pages.
With a turnover rate of 13.2%, the tech industry is the economy’s most turbulent.
Tech giants comprise three of the five shortest average tenures among company workforces. On average, staff at companies like Apple, Amazon, and Meta quit their jobs before the second year.
|Rank||Company||Median Tenure (years)|
Over the years, Apple and Meta have been seen as top companies to work with, with employees enthusiastically praising their cultures, values, benefits, and perks.
However, recent shifts, such as the return-to-office policies and lack of stability, have taken a toll on these companies.
Following the Covid-19 pandemic, Apple instituted a three-day-a-week in-office schedule in 2022. According to Tech.co, 67% of employees expressed dissatisfaction with the policy at that time.
Last year, Meta grabbed headlines by announcing the most significant tech layoff of the year, involving a 13% reduction in staff.
Cost of Living Weighs on UK Employee Retention
Retaining workers has also been a challenge for UK companies.
In fact, recent PwC research found that a fifth (21%) of UK workers are unsatisfied with their current jobs.
The list of worst companies for employee retention in the UK is led by British luxury hotel brand InterContinental Hotels & Resorts, which has a median tenure of 1.6 years.
At the top of the list are also British banking and insurance holding company NatWest Group plc and one of the world’s largest advertising companies, WPP.
Among the top complaints of UK workers are salary and benefits amid an increasingly challenging cost of living. Nearly half (47%) of UK employees have little to nothing left over for savings at the end of each month.
This article was published as a part of Visual Capitalist’s Creator Program, which features data-driven visuals from some of our favorite Creators around the world.