[yesno]

I've worked for 2 startups before. Less money, less perks, coworkers can't cooperate well enough with each other and don't have time to gell.

Startups, at their first year, might be fun. But second and third year are soul crushing if they don't expand as fast as Twitter or Facebook. Startups have to keep the bubble strong (i.e.: brainwash) to motivate their employees. Otherwise, people will feel burn out due to 12-14 hours of working plus rotation on-call.

Most startups also write hacky code. In the long run, this can decrease moral of developers.

And you're right, there are reasons why turnover is so high in our industry. I don't think working for a big company is one of them. I didn't do a formal research but when I was browsing (re: stalking) in linkedin, the data I saw showed that people who work for a big company tend to stay longer than those no-name/small companies.

On the other hand, keep in mind that our industry keeps on building software to automate a long of manual tasks in a blazing rate. This could also be the reason why turnover rate is high: layoff due to automation.