What are average renege rates?

Uploaded

5th August 2022

Insight

FAQ

Young black man at desktop computer completes his first day of work.

Q. What are average renege rates?

A. Renege rates can vary substantially between industry and talent pool so it can be difficult to understand what the ‘average’ renege rates are for your organisation. A 2021 ISE (Insitute of Student Employers) survey found that graduate renege rates were around 5%, whilst other employers have reported overall renege rates of up to 50% in extreme cases.

Whatever the average renege rate is, if reneging is costing your organisation time, money and resources, it’s essential that you understand the causes and the ways in which you can reduce your organisation’s average renege rate.

To understand how to do this, you can get in touch to speak with one of our experts, or read one of our articles on reneging.