Staff turnover

Labour turnover is the rate at which staff leave an organisation. There are different methods for measuring staff turnover, including the wastage index or standard formula, the resignation rate, the stability rate and the survival rate.

Benchmarking the employer's total turnover rate and voluntary resignation rate against those of similar employers can help the employer to establish whether the level of turnover is acceptable, too high or too low.

Employers need to analyse the underlying reasons for staff departures and, if the departure rates are too high, establish a retention strategy.


data-analytics

Essential people analytics: Seven key HR metrics for 2017

With data and analytics playing an increasingly critical role in HR decision-making, latest analysis from XpertHR Benchmarking reveals the seven...

2013

Absence rates continue to fall

30 Jul 2014

Employers’ efforts to reduce absence are paying off, according to ongoing research by XpertHR. Successive XpertHR surveys on absence rates show a gradual decline in the number of days taken as sick leave by employees. In 2007, the median was 7.4 a year per employee but latest figures record a drop to 5.2 in 2013 ...

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Employee resignations fall by half

1 Oct 2010

The number of employees resigning from their jobs has fallen by 50% in three years, according to a report published...

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Recession impacted turnover rates last year, reveals IRS survey

14 Jun 2010

More than half of UK employers believe the recession affected their turnover rates last year, according to the 2010 IRS...

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A quarter of employees plan to leave their jobs this year, survey reveals

1 Jun 2010

Nearly a quarter of UK employees plan to leave their job in the next 12 months, a survey of 4,000...

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Staff turnover: are employers managing it correctly?

20 May 2010

Staff turnover is a notoriously complex issue for HR professionals to tackle. Gone are the days when employers could simply...

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IBM crowd sourcing could see employed workforce shrink by three quarters

23 Apr 2010

Multinational firms saddled with huge people costs are considering downsizing their permanent workforce and hiring sub-contractors on a scale never...

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Business groups angered at Conservative pledge to scrap default retirement age

13 Apr 2010

The Conservative pledge to “abolish the default retirement age (DRA)” entirely – going one step further than the government which...

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Rate your employer website launches

28 Sep 2009

A free website aimed at gathering honest and anonymous views from employees about their employer has been launched.Employerinformation. co.uk rates...

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Social work recruitment crisis must be tackled

6 Jul 2009

By Gill Hibberd, president of the Public Sector People Managers' Association

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How I made a difference: Heather James, HR director, Vantis

17 Jun 2009

Managing internal capacity in a downturn, the main aim is to retain people and minimise the risk to jobs. Vantis...

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Government threatens to cut benefits to alcoholics

14 Apr 2009

The government has threatened to deprive alcoholics of their basic benefits unless they sober up and go back to work,...

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Judge orders stockbroker firm to stop poaching staff

3 Apr 2009

A High Court judge yesterday ordered a leading London stockbroker to stop poaching its rival’s staff. US-owned BGC was told...

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End to VAT concession piles on pressure at the worst possible time

2 Apr 2009

Until the beginning of this month, recruitment agencies did not need to charge VAT on the wages of temporary workers...

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Microsoft uses dating software to retain high-flyers

31 Mar 2009

Microsoft’s learning and development chief has halved turnover of talented employees by matching them to experienced mentors using “dating agency”...

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