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Turnover

Turnover by Geography

Wyoming, Alaska, Utah, Oklahoma and New Mexico rank as the top five states with the highest turnover rate. With the exception of Wyoming, those states also lead the nation in hiring. This correlation is typical because employees are not usually leaving the workforce, they are simply shifting from job to job. Wyoming is the only state where the turnover rate exceeded the hiring rate.

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Showing: Hover over a state to see annual turnover rates for the last 4 quarters (Q1 '14 - Q4 '14). Select an icon above to drill down by industry.

Voluntary vs. Involuntary Turnover Trends

The proportion of voluntary separations was down significantly in Q4 of 2014 versus the prior quarter. However this reduction is consistent with activity in the same season of prior years. Year over year the proportion of voluntary separations is up and turnover continues to increasingly skew more towards voluntary reasons than involuntary. With a more stable economy, there appears to be greater opportunity for employees to willingly change jobs.

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Showing: Distribution of voluntary and involuntary turnover over the last 5 years (Q1 '10 - Q4 '14). Select an icon above to drill down by industry.

Fast Turnover

More than half of all employees who left their job in the past year did so within the first twelve months. Predictably, the Retail and Leisure industries – which have a high volume of hourly and seasonal workers – experienced a large percentage of fast turnover. However, Business Services (e.g. temporary staffing) and Transportation have comparable percentages of fast turnover as well.

HOT TOPIC: The Affordable Care Act (ACA) requires organizations to offer benefits to all employees that work an average of 30+ hours per week over a 3-12 month measurement period. Understanding fast turnover and the average tenure of hourly employees is critical for developing an effective ACA strategy and accurately forecasting potential benefit costs. To learn more about the ACA-related employment trends, visit our Affordable Care Act page.

About This Metric

Showing: Among employees who left their job in the past 4 quarters (Q1 '14 - Q4 '14), average length of service at that job. Select an icon above to drill down by industry.

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