The average total turnover rate reported across industries by employers in 2015 is relatively flat at 16.4 percent, according to Compdata Surveys’ national survey, BenchmarkPro, surveying 28,000 organizations. In 2014, total turnover rate was reported at 15.7 percent. When it comes to the 48-continental United States, here is the 2015 turnover rate by region:
- South Central employers reported the highest total turnover rate in the country at 17.7 percent. Last year, the region reported a turnover rate of 16.9 percent.
- Southeast employers reported a total turnover rate of 17.4 percent, up from 15.4 percent last year.
- Employers in the West reported a total turnover rate of 16.6 percent, up from last year’s 15.2 percent.
- Midwest employers reported a total turnover rate of 16.2 percent, up from 15.2 percent last year.
- Northeast employers reported the lowest total turnover rate at 14.5 percent. Last year, the region reported a turnover rate of 14.1 percent.
“When it comes to turnover rates, it is important for employers to look at several trends, including what is happening within your own industry, what is happening nationally and what is happening locally,” said Amy Kaminski, Vice President for Compdata Surveys. “Employees, especially those in cross-industry roles have options. Understanding turnover trends allows you to put programs into place for retaining your quality employees, as well develop a solid plan for recruiting new ones.”
About the Survey
BenchmarkPro 2015 provides a comprehensive summary of pay data, benefits information and pay practices with an effective date of January 1, 2015. More than 550 benchmark job titles were surveyed ranging from entry-level to top executives, with data collected from more than 28,000 organizations across the country.
South Central region states include Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma, Tennessee and Texas. Southeast region states include Florida, Georgia, North Carolina, South Carolina, Virginia and West Virginia. West region states include Arizona, California, Colorado, Idaho, Montana, New Mexico, Nevada, Oregon, Utah, Washington and Wyoming. Midwest region states include Iowa, Illinois, Indiana, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota and Wisconsin. Northeast region states include Connecticut, Delaware, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Virginia and Vermont.
Since 1988, Compdata Surveys & Consulting has provided HR professionals with the compensation tools they need to stay competitive. With an extensive pay and benefits database and experienced compensation consultants, we are a full-service firm providing innovative solutions to complex compensation challenges. Thousands of organizations provide data in each of our 12 industry-specific surveys every year, ensuring the reliability of our results.