Megan joined a top software engineering firm straight out of college – it was a natural choice as it was one of the biggest paymasters at the time. She had reached a senior level position in 5 years – not very common at her firm – and was sure she could negotiate a better role and salary if she tried elsewhere. 

According to the Bureau of Labor Statistics, US Department of Labor, the median number of years that salary workers have been with their employers has been consistently coming down over the last few years (hovering around 4 years), with ‘voluntary quits’ far outpacing layoffs. This holds particularly true for younger employees. The global management-consulting firm, Hay Group, found in multiple studies that employee turnover in the US has been slowly increasing since the 2012-13 period, and has reached the pre-recession levels.

Many of the clients our team at Sunsoft works with to connect them to the best professionals tend to be startups. And many of the professionals who come to us to help them locate a job profile that suits their aptitude and qualification tend to actively seek employment with startups too. Having closely worked with both sides of the value chain for a long time now, we have realized that the startup environment requires a specific set of traits to succeed, which goes beyond qualification, hard work and dedication.