> Is 2.9% and 6.8% acceptable or even 'good' levels, even for the tech industry?
I would put 2.9% at the very good to low level. It suggests 100% turnover every 33 years, which is fine, especially for the tech industry.
6.8% for performance strikes me as an indicator of very bad hiring and/or onboarding. A charitable view would be that many years of bad hiring got dumped in one year (so each year only had a small % of bad hires), but I wonder if that was the actual case.
I would put 2.9% at the very good to low level. It suggests 100% turnover every 33 years, which is fine, especially for the tech industry.
6.8% for performance strikes me as an indicator of very bad hiring and/or onboarding. A charitable view would be that many years of bad hiring got dumped in one year (so each year only had a small % of bad hires), but I wonder if that was the actual case.