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Industry Standards for Turnover
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Industry Standards for Turnover
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This was posted a few years ago - but, no answer was given - Our company has been calculating it's employment turnover rate for several years. Management is interested if there are standard turnove
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Industry Standards for Turnover

posted at 1/25/2011 6:10 AM EST
Posts: 1
First: 1/25/2011
Last: 1/25/2011
This was posted a few years ago - but, no answer was given -

Our company has been calculating it's employment turnover rate for several years. Management is interested if there are standard turnover rate averages with which we can compare our turnover. Does anyone know where I can find this information?

If someone could please let me know where to find the information needed above, I would appreciate it.

Thank you.

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Industry Standards for Turnover

posted at 1/25/2011 10:40 AM EST
Posts: 2442
First: 2/12/2000
Last: 9/14/2011
As you might imagine the "average Turnover rate" will vary significantly from industry to industry. You will need to go on line and research this carefully.

You will also need to make sure you understand how the companies differentiate (if they do) between voluntary and involuntary turnover.
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Industry Standards for Turnover

posted at 4/5/2011 5:59 AM EDT
Posts: 71
First: 7/19/2002
Last: 4/5/2011
Depends where you are located if the local HR management association publishes data by industry. Research this site some too.

We encourage our clients to set their own benchmarks for voluntary turnover and in Hong Kong here it can be very high in many sectors as people move to new jobs for small dollars something I have not seen in North America for many years.
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