Aug 28, 2023
Major Tom Response
2yThe conversation around turn over rates is an interesting one. The average agency turnover rate is around 30%. We are no exception to this with our average also being 30% which is a combination of involuntary and voluntary turn over, and includes short term co-ops .
15% of the turnover in the past year has been voluntary, which is In fact the lowest turnover rate across our agency since 2015. Those who left voluntarily worked with the agency for an average of 3 years, which falls above industry average.
Turnover is a reality of any business. In some instances it can be a positive thing, both for individual growth, and allowing folks to find a fit better suited to them. However, It’s rarely without discomfort as it requires establishing balance for existing team members upon the exit of others.
Agencies thrive on an influx of new energy, experience and ideas. It’s one fo the reasons clients choose external agencies to bring new perspectives to the work they do. When we hire for the team we look for values aligned individuals that bring new perspectives.
Lyn Bryan
CEO