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First of all, if you’ve been fired, don’t feel bad (unless it was for a really good reason!). According to Bureau of Labor Statistics data published on zippia.com, 40% of Americans have been fired from jobs. It happens!
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The firing stats vary across ages, however. Statistics indicate that 70% of people aged 26-30 have avoided ever being fired, compared to only 50% of workers aged 61-65.
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It’s hard to point to a single cause for this discrepancy. Older people have worked more years in their lives and may have simply had more “opportunities” to be fired over the course of their longer careers. Or it could mean that young workers have been toeing the line to maintain job security in response to economic turbulence. Or something else entirely.
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Firings, however, don’t necessarily always come easy. Statistics indicate that it can cost a business between 16.1% and 20.4% percent of an employee’s annual salary to replace them, which probably includes training costs. These costs only increase as the position’s requirements and seniority increase, up to as much as 213% for a senior executive.
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Firings, however, don’t necessarily always come easy. Statistics indicate that it can cost a business between 16.1% and 20.4% percent of an employee’s annual salary to replace them, which probably includes training costs. These costs only increase as the position’s requirements and seniority increase, up to as much as 213% for a senior executive.
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What’s interesting about this question on Reddit is that the reasons for firing were self-described. Do employers and workers look at firings the same way? Airtasker.com attempted to answer that question.
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