TINYpulse just released its 2016 Tech Industry Report, a survey of more than 14,000 tech employees about job satisfaction. This year’s survey revealed some potentially disturbing trends in the technology workplace environment.

When asked how likely they were to stay at their current job for at least another year, tech employees revealed that they were less likely to stay than the general employee benchmark and much less likely to stay than they were in last year’s survey.

“There are two differences we noticed between this report and last year’s,” TINYinstitute Managing Editor Dora Wang told Benzinga.

“First, tech workers say they’re getting fewer resources and limited access to mentoring opportunities. Second, tech workers feel that their feedback isn’t being heard, which means employers are missing opportunities to make changes to the workplace that might reduce attrition.”

Why should companies care about attrition? It all comes down to dollars and cents.

The Society for Human Resource Management reports that the total cost of replacing an employee can range anywhere from 90 percent to 200 percent of that employee’s annual income. The high technical proficiency and specialization required for many tech jobs suggest this turnover cost could be particularly high for technology companies.

The falloff in employee loyalty was also backed…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!