Compdata Surveys & Consulting Blog

Identifying the Cost of Turnover

Posted by Ashley Ulsh on Mar 29, 2018 10:15:00 AM

Blog guest written by Theresa M. Worman.

Voluntary turnover has grown from 9.1 to 13.5 percent over the past five years, according to the latest data from Compdata Surveys & Consulting.

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Topics: employee turnover, Turnover, Turnover Rates, cost of turnover, Retention

Employee turnover trends in 2017

Posted by Amy Jennings on Dec 19, 2017 11:10:00 AM

Total employee turnover has increased over the last few years, rising from 15.1% in 2013 to 18.5% in 2017. Voluntary turnover, when employee separation is not initiated by the employer, is reported at 13.5% this year. That's up from 9.1% five years ago.

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Topics: Compensation Data, Turnover, Turnover Rates

2016 Total Turnover Rates by State

Posted by KC Hall on Aug 25, 2016 9:27:47 AM

With the release of BenchmarkPro 2016, we have a bounty of updated compensation and benefits data at our fingertips! Are you aware the results also contain key data points like Total Turnover Rate? 

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Topics: Turnover, Turnover Rates

Employer-Reported Turnover Rates by Industry

Posted by KC Hall on Jan 14, 2016 8:49:57 AM

With a new year upon us, many are taking a fresh look at key business metrics. One worth a look? Your turnover rate. To help provide some context regarding your organization's turnover rate, the infographic below provides total turnover rates by industry, as reported by employers in 2015. 

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Topics: employee turnover, Banking & Finance, Utilities, Not-for-profit, Hospitality, Turnover, Insurance, Manufacturing, Healthcare, Turnover Rates, distrbution, Higher Education

2015 Total Turnover Rates by Region

Posted by KC Hall on Oct 9, 2015 2:57:33 PM

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:

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Topics: employee turnover, News, Turnover, BenchmarkPro, Turnover Rates

Turnover Rates in Higher Education and How Employers are Recruiting to Fill Openings

Posted by KC Hall on Oct 6, 2015 10:33:07 AM

Kansas City, Kan. – As the national unemployment rate continues to drop slowly, turnover rates are inching up in most industries. However, the average total turnover rate reported for higher education employers in 2015 is relatively flat at 12.8 percent, according to Compdata Surveys’ national survey, Compensation Data Colleges & Universities, surveying 338 higher education organizations. In 2014, turnover rate was reported at 12.5 percent.

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Topics: Colleges & Universities, Turnover, Recruiting, Turnover Rates

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