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Turnover at the Best Companies to Work For

June 2, 2005
Related Topics: Retention, Latest News
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TURNOVER AT THE "BEST COMPANIES TO WORK FOR"
Fortune includes voluntary turnover rates as a metric in its annual "Best Companies to Work For" list, but rates vary widely, even among companies in the same industry. Among grocery retailers, for example, voluntary turnover at Wegmans is just 6 percent, compared with 32 percent at Whole Foods.

Voluntary turnover rates at top 20 companies on Fortune’s 2005
"Best Companies to Work For" list for large companies:

1. Wegmans Food Markets 6%
2. Starbucks 12
3. Valero Energy 29
4. Cisco Systems  3
5. Whole Foods Market 32
6. Baptist Health S. Florida  7
7. Amgen  5
8. Goldman Sachs 11
9. American Express 14
10. Synovus Financial 14
11. Four Seasons Hotels 16
12. Station Casinos 14
13. A.G. Edwards  9
14. Microsoft  5
15. General Mills  4
16. Principal Financial Group  8
17. Marriott International 18
18. Procter & Gamble  7
19. First Horizon National 16
20. Medtronic  6
Source: Fortune, January 24, 2005

Workforce Management, June 2005, p. 40 -- Subscribe Now!

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