Attrition Peak in next 3 months?

The interest rate for lump sums has shot upward. Fed has committed to raising the rate for next 7 months. For now, it seems that lump sums will drop more than 6% in next 3 months. This is more than typical salary for those 3 months. Many will be working for free if stay.

Also many people leaving before enduring another ranking.

Also heard that many people have found new jobs and just waiting on school year end to quit so can relocate.

Is there going to be a perfect storm of attrition in next 3 months?

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It's anecdotal, but your post applies to me. I am an early career employee and have a new job lined up 3 months from now. Going to have fun writing my PDS statement this year!

wish I could cash out, NRE until next year….

The unflushable will never retire.
No amount of incentive will stop them from milking this dry.
It’s less about the money and more about the ego at some point. They crave their perceived status.
Who else would care what the my have to say?? especially executives like MGC, or those that have no life outside work.

Anyone who is retirement eligible needs to run the pension estimator with current rates and a 1% interest increase. You will lose about 80% of the difference in your lump sum if you defer until the 3rd quarter. For me this is about 2.5 times my salary over the quarter. If you plan on taking the annuity, this has no impact on you.

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Attrition Peak in next 3 months?

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