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May. 2, 2003
IT turnover has improved dramatically, according to a study by the META Group. Here’s a look at turnover rates from 2001 to 2003. Note that in 2003, 31 percent of companies had turnover of 5 percent or less, while in 2001, only 2 percent did.
| 2003 | 2002 | 2001 | |
| No Turnover | 8% | – | – |
| <5% | 31% | 12% | 2% |
| 6%-10% | 32% | 54% | 28% |
| 11%-20% | 16% | 23% | 58% |
| >20% | 7% | 2% | 12% |
Source: META Group’s 2003 IT Staffing and Compensation Guide Executive Summary.
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