Many leaders reviewing today’s labor data are breathing a little easier. After years of disruption and historic quit rates, employee turnover is finally trending down. On the surface, it feels like real progress. But data only becomes useful when it is understood in context. The most recent trend shows a decline in voluntary… Continue reading Employee Turnover Seasonality: Why Quit Rates Are Down but Retention Risks Remain High
Tag: quit rate
9th Annual Retention Report is Now Available
Work Institute’s latest analysis of over 120,000 exit interviews reveals 75% employee departures in 2025 were preventable. To help organizations address this challenge, Work Institute is proud to release its highly anticipated 2025 Retention Report, offering data-driven insights into the key drivers of turnover and actionable strategies for improving employee retention. This year’s report offers… Continue reading 9th Annual Retention Report is Now Available
Voluntary Turnover Rising Post-COVID
The latest voluntary quit (turnover) rate shows nearly twice the amount of employees quit their jobs in July 2020 than those who quit in April 2020. Even during a global pandemic, a historic recession (hopefully on a short one), high unemployment, and general fear and restlessness, U.S. workers still control the job market. Yes, that… Continue reading Voluntary Turnover Rising Post-COVID