A recent study by ENGAGE which covered 50 million US workers and professionals, concluded that the current median job tenure is 3.67 years. In an age of big data that's a lot of data but in reality data is nothing without insights. The insight piece is all about what can we learn from the data and this is where the report has some further ideas which I have shared below. The full report explores roles and professions in much more detail but as this is US biased some of it is less relevant.
Tenure data isn't just interesting it is helpful for talent strategy in the areas of succession planning, building candidate pipelines, and recruiting passive candidates—all of which are more important. Succession planning — Knowing, for each job type, when managers and above tend to typically leave tells employers when they are likely to need to replace those key employees as a group. They should plan accordingly preparing internal talent to take over those roles. Candidate pipeline — Knowing median tenure for various job roles helps indicate to employers how robust a candidate pipeline should be for those roles. Passive candidate recruiting — Comparing how long other employers’ individual workers have been in their current roles with the median tenure for those roles can help indicate whether those workers are more or less likely to be interested in having a job conversation.