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Turnover rates for recent college grads?
Recruiting & Staffing
Turnover rates for recent college grads?
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I have seen statistics that the average worker today will change jobs around 8-10 times in their life time. Is there any evidence to show that the turnover rate is higher in the recent grad pool.(5yrs
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Forums  »  Topic Forums  »  Recruiting & Staffing  »  Turnover rates for recent college grads?

Turnover rates for recent college grads?

posted at 9/22/2008 8:43 AM EDT
Posts: 2
First: 9/22/2008
Last: 10/28/2008
I have seen statistics that the average worker today will change jobs around 8-10 times in their life time. Is there any evidence to show that the turnover rate is higher in the recent grad pool.(5yrs post grad)?
Do you see higher turn over rates in these young professionls as well? What is the rate in your organization?

Turnover rates for recent college grads?

posted at 10/28/2008 11:33 AM EDT
Posts: 31
First: 10/28/2008
Last: 7/8/2011
I actually did some research on turnover rates recently for our organization and found some astonishing numbers on the Bureau of Labor Statistics site.

* 23% of workforce 16+ years old have tenure of less than 1 year.
* Average Overall Tenure - 4.1 years
- 20 - 24 year olds - 1.3 years
- 25 - 34 year olds - 2.7 years
* Employees 25 - 34 years old holding a Bachelors degree: Current Tenure - 2.6 years.
* Overall Tenure for Private Sector Employees - 3.6 years...

Turnover rates for recent college grads?

posted at 10/28/2008 12:02 PM EDT
Posts: 2
First: 9/22/2008
Last: 10/28/2008
Wow,
Those are amazing stats. I have had a feeling that the rate was very high but had never seen any data to support it.
I spoke with one recruiting expert who said turn over in the younger workers is high but no one tracks it b/c it doesn't make anyone look good, He said so why would anyone keep the stats? That surprised me. How do you fix something that you won't ackowledge is there? thanks for your post.

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