More Related Content More from Robert Half (20) Employee Turnover: 39 Stats Every Hiring Manager Should Know1. 39 Stats Every Hiring
Manager Should Know
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2. 28%
25%
17%
29%
Overall
Average
Staff Moving On
Source: Robert Half survey of more than 1,000 U.S. workers age 18 and over.
Responses do not total 100 percent due to rounding.
© 2017 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
Employees were asked, “How likely are you
to look for a new job in the next 12 months?”
Their responses, including a breakdown by age:I QUIT
42%
are very to
somewhat likely to
to look for a new job
in the next
12 months.
Somewhat unlikely 24% 24%
18-34 35-54
Somewhat likely
Very likely
39% 30%
29% 16%
Very unlikely 8% 29%
35%
8%
9%
48%
55+
3. Reasons for Leaving
Source: Robert Half survey of more than 2,200 U.S. CFOs and 1,000 U.S. workers age 18 and over.
Top responses shown.
CFOs and workers don’t see eye to eye on top causes of employee turnover:
© 2017 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
Bored with job 18% 10%
CFOs Workers
Inadequate salary and benefits
Limited opportunities for career growth or advancement
23% 39%
27% 14%
Lack of recognition 8% 3%
Overworked
Unhappiness with management
10% 9%
13% 25%
4. Retention Worries
Source: Robert Half survey of more than 2,200 U.S. CFOs.
45% of CFOs are somewhat or very concerned about
retaining their current staff in the next 12 months.
36% of those CFOs think they could lose
at least some of their staff.
© 2017 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
CFOs weighed in on how concerned they are about
losing their staff members. Their responses:
5. Who’s Likely to Leave?
Source: Robert Half survey of more than 2,200 U.S. CFOs.
Responses do not total 100 percent due to rounding.
55% of CFOs said they experience the most turnover
among entry-level employees.
At what position level does your company experience
the most employee turnover?
Entry-level (0-3 yrs’ exp.)
Mid-level (4-8 yrs’ exp.)
Senior-level (9+ yrs’ exp.)
Executive level
55%
31%
11%
2%
© 2017 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
6. Retention Tactics
Source: Robert Half survey of more than 2,200 U.S. CFOs.
Multiple responses permitted. Top responses shown.
Companies’ retention activities:
Regularly check in with employees
to ensure they are happy in their roles
Regularly evaluate performance
and discuss career development
Regularly benchmark compensation
and benefits to stay competitive
Maintain a formal retention strategy
75%
73%
67%
60%
© 2017 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
7. For hiring and management
advice, visit
roberthalf.com
© 2017 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.