Labour 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.


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Take part in our survey on labour turnover

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XpertHR is running its annual survey on labour turnover. Take part to be in with a chance of winning one...

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Threefold increase in employers finding it difficult to fill roles

19 Jun 2013

Employers are finding it more difficult to source top talent due to a steady decline in labour turnover since the...

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Resignation rates at lowest level since 2007

21 Aug 2012

The number of employees resigning is at its lowest level in five years, with an average 9.3% of staff voluntarily...

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How do your staff turnover and absence rates stack up?

16 May 2012

Labour turnover and absence are the two most fundamental metrics that an organisation can track in order to assess its...

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Public sector turnover rates indicate restraint from redundancies

18 Jul 2011

Public organisations’ turnover rates remained lower than private companies in 2010, suggesting that the public sector refrained from significant redundancy...

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Two employers in five have never operated a succession planning process, according to research published by XpertHR.The 2011 XpertHR survey on...

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10 Mar 2011

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16 Feb 2011

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Planned cuts to public spending could prove “formidably hard to deliver”, according to a forecast by the Institute for Fiscal Studies...

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