The carousel of coming and going employees is spinning faster than ever.
But how to benchmark your own statistics? Here are some key statistics to evaluate your employee turnover rate.
7 employee turnover facts
of employees considering a new job (source: Gallup)
72%
of candidates change jobs because of career advanced opportunities (source: MRINetwork)
25%
of all new employees will leave in the first year
(source: Allied Workforce Mobility Survey)
50%-60%
of an annual employee salary is the direct cost to replace him (source: American Progress)
69%
of all new employees are more likely to stay with a good onboarding
(source: OWL Labs)
87%
of of employees said that improving retention is a critical priority (source: Future Workplace)
25%
lower employee turnover in companies where remote work is possible.
(source: OWL Labs)
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