The company loses $8 billion a year on employee turnover.
shows just how difficult that goal actually is. According to data gleaned from internal research papers, slideshows, and spreadsheets, Amazon’s employee attrition rate annually costs the company around $8 billion.
For a bit of perspective, the company’s net profit last fiscal year wasAmazon’s documents categorize former employees as either “regretted attrition” or “unregretted attrition” , while noting the regretted attrition rate ranges between 69 and 81 percent across all staff levels, similar or slightly higher than reported
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