Turnover Rate in Professional Services

Turnover Rate in Professional Services

The tech industry gets the press when layoffs happen, and unfortunately, layoffs are happening a lot lately.

However, the professional service industry has a higher turnover rate than the tech industry, according to LinkedIn.

And to throw salt in the wound, the pro serv industry churns through employees ~30% more than the average across all industries.


Founders- take care of your people. It is hard to scale a boutique pro serv firm if you churn through your people.

Source: https://www.linkedin.com/business/talent/blog/talent-strategy/industries-with-the-highest-turnover-rates