Uploaded on May 30, 2022
This report contains the average monthly and annual voluntary employee turnover rates across major U.S. industries over the past 10 years. And, compare your organization’s turnover rate with its industry average. See if your employees quit at a higher, similar, or lower rate than your competitors. Checkout ExitPro's exit interview software. ExitPro exit interview forms are available in 18 languages and 56 countries with customizable report templates. Live Voice, SMS Text, & Kiosk services included.
ExitPro Industry Turnover Ten-Year Trends 2012-2022
EMPLOYEE
TURNOVER TRENDS
10-Year Industry Tracking Report: 2022 Edition
Region: United States
Data Range: 2012 - 2022
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Introduction
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Report Overview
This report contains the average monthly and
annual Voluntary employee turnover rates across Want a Turnover Cost Calculator?…Click:
major U.S. industries over the past 10 years. CALCULATE THE
COST OF EMPLOYEE
Compare your organization’s turnover rate with its
industry average. See if your employees quit at a TURNOVER HERE
higher, similar, or lower rate than your competitors.
The heat maps herein indicate the monthly turnover rate during the 10-year period from 2012 to 2022
Darker red indicates higher turnover rates compared to same month over past 10 years
Darker green indicates lower turnover rates compared to same month over the past 10 years
Data extracted from United States Bureau of Labor Statistics (Employment & Unemployment Release), November 2021
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Employee Turnover Rate Definition
EMPLOYEE Number of Employees Separated
TURNOVER = X 100
RATE Average # of Active employees during Time Period*
Aggregate turnover ≠ Actual Turnover Distinguish different “Types” of Turnover:
• Not all turnover is created equal • Voluntary
• Aggregate turnover rate alone can be misleading • Involuntary
• Target key employee populations to pinpoint opportunities & • Retirees
areas of focus and for accurate reference for impact • Transfers
• Examples: Engineers in London…Millennial Sales Associates… • Interns
Women Directors and above…3+ Year Tenured Accountants • Contract Positons
Remember: Precision produces prediction (Are you asking each Type the right questions when they leave?)
*Time Period = Use Daily Average or (Active # on 1st day of period + # on Last day of period) / 2
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Executive
Summary
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Executive Summary: 2022 Forecast
In the near future, Voluntary Employee Turnover is Turnover will not immediately be affected by:
likely to: • Self-Driving Cars (in Trucking/Transportation)
• Remain at elevated levels • Vaccine Mandates
This is due to:
• Record low unemployment in most industries Turnover will be affected long-term by:
• High availability of financial capital • Expanding virtualization/remote work
• Above average GDP growth • Accelerating robotics deployment (in Manufacturing, Mining,
• Accelerating Salary Inflation and Warehousing)
• Shrinking labor pool • Renewal energy industry growth
National turnover rates will change if:
(Other than significant economic event or natural disaster)
• Immigration quotas increase substantially (= â Turnover)
• Consumer spending decreases significantly (= â Turnover)
• Infrastructure legislation fails to pass (= â Turnover)
DISCLAIMER: Assertions above are based on proprietary analysis and publicly available information at the time. Retensa considers multiple varied economic indicators,
consumer trends, and technological advancements to form these opinions, however makes no warranty on the information provided, and no guarantee is expressed or implied.
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How Does Forecast Impact Modern Recruiting Strategy?
TREND IMPACT ON RECRUITING TODAY
1 High Turnover = Higher job fills and overhead costs
2 High Job Demand = Salary inflation, benefits war, rejected offers
3 Low Talent Supply = Longer Time-to-Fill, lower Quality of Hire
4 Unable to Fill Vacant Positions = Higher Stress and workload on existing staff
5 Poor Work-Life = Work-Life “Blur”, more mistakes, burnout, Balance higher turnover
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Reference
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What is ExitPro?
ExitPro is the leading provider of
Secure Exit Interview Software
ExitPro, created from the most successful exit interview survey questions,
automates and streamlines exit interview templates for 50 to 50,000
employees. ExitPro’s exit interview forms are available in 19 languages in 56
countries, with customizable Exit Reports and Advanced Dashboard analytics
to predict staff turnover. Additional Live Voice (phone), SMS Text, & Kiosk
services are available.
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Who is Retensa?
Internationally-recognized employee retention experts by:
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What does Retensa do?
Retensa is a global leader and innovator of
Employee Experience Insights
Clients receive data-driven solutions for predictive analytics mined from demographics,
psychographics, real-time feedback, and trends to create a high performing workforce.
Organizations in 56 countries and 19 languages choose Retensa for:
Talent Management Services Cloud Software Technology
• Cost of Turnover Analysis • ExitPro® Exit Interview Management
• Exit Interview Outsourcing • HRMetricsPro™ Talent Analytics Suite
• Merger & Acquisition Tracking • TalentPulse® Unified Survey Platform
• Retention Skills Training • Candidate, New Hire, Engagement, Stay Interview,
• Talent Analytics Program Design Diversity Surveys, 30-60-90 Surveys, etc.
• Turnover Diagnostic • 360 Degree Assessments, Upwards Evaluations,
Performance Checks
• Employee Pulse Feedback
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Where does ExitPro manage Exit Interviews?
Across 56 countries and 19 languages, Organizations choose Retensa in:
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A History of Cutting Edge Research: Retention Thought-Leadership
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Turnover Rates
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Table of Contents (Industry Index)
Industries covered include:
1. Arts & Entertainment
2. Construction
3. Education
4. Finance & Insurance
5. Government (click a link to
6. Healthcare
7. Hotels & Restaurants
8. Manufacturing Durable Goods access your
9. Manufacturing Non-Durable Goods
10. Mining & Logging
11. Professional Services industry)
12. Real Estate
13. Retail
14. Transportation
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Industry Turnover Rate (%): Arts & Entertainment (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Construction (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Education (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.reextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Finance & Insurance (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Government (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Healthcare (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Hotels & Restaurants (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Manufacturing Durable Goods (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.reextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Manufacturing Non-Durable Goods (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.reextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Mining & Logging (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Professional Services (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Real Estate (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Retail (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.reextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
Industry Turnover Rate (%): Transportation (USA)
To view the full ExitPro Employee Turnover Trends Report
Visit Store.ExitPro.com
The heat map table indicates average monthly and cumulative annual turnover rates
Darker red indicates a high turnover rate compared to same month in past 10 years
Darker green indicates a low turnover rate compared to same month in past 10 years
www.erextietpnrsoa.c.coom || 2 21122.5.54455.1.1228800 ExitPro: Exit Interview Software
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Talent Management solutions:
THANK YOU Exit Interview + Separation Management
www.exitpro.com
Employee Experience + Talent Analytics
www.talentpulse.com
Retention Strategies + Retention Training
www.retensa.com
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