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Yardstick Update

Staff turnover returns to ‘normal’

by Personnel Today 14 Jan 2003
by Personnel Today 14 Jan 2003

Staff
turnover and skills shortages have declined according to the latest CIPD
figures.

In
2000, labour turnover shot to 26.6 per cent, but dropped to 18.2 per cent in
2001.  Turnover for full-time staff in
2001 was 17.2 per cent, compared to 25 per cent for part-timers.  Sales staff had the highest turnover rate
(23.9 per cent), with craft and skilled manual employees the lowest (9.6 per
cent).

Almost
half of the organisations surveyed (47 per cent) made redundancies in 2001 –
unchanged from the previous year. 
Sixty-nine per cent of respondents experienced difficulties recruiting
in the first half of 2002, down from 77 per cent in the same period in 2001.

Organisations
took an average of 9.5 weeks to fill a vacancy in the first six months of 2002,
down from 11.1 weeks in the same period in 2001.  www.cipd.co.uk

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