8 Months: The Real Cost of Replacing Software Developers
Every company feels the effects of employee turnover amongst their workforce, however this has been particularly prevalent in 2022 with the ongoing effects of The Great Resignation. BlueOptima’s recent special report, titled ‘The Great Resignation’: Exploring the Global Impact and Changing Behaviours, showed that the annual attrition rate of developers effectively doubled in the peak of the Great Resignation to 24%.
In this report, we look at the true costs of replacing software developers, and provide some key insights into how businesses are optimising their processes to minimise the loss of productivity.
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