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Career
Workforce Turnover Around the World
Published: Nov 2018
Career
Workforce Turnover Around the World
Published: Nov 2018
Employee turnover can bring a mixed bag of positive and negative impacts. Although some turnover brings interruption, sometimes it’s beneficial for revitalizing or fine-tuning your workforce. Analyze economic, labor market trends, and workforce changes by region, country, and industry.
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What's Inside
Forecast, prepare for, and manage the revolving door of employment
Workforce turnover presents a dilemma to all companies around the world. Some estimate that the cost of losing and replacing a single employee can equal more than twice that employee's salary, with costs increasing further based on the departing employee’s seniority. Be proactive with your talent retention and workforce planning efforts and explore information regarding voluntary and involuntary turnover across six career levels for over 100 markets.
Monitor voluntary and involuntary turnover
- Economic and labor market trends (unemployment, workforce participation, etc.)
- Voluntary and involuntary turnover by employee level and by industry
- Workforce changes by region, by country, and by industry
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