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Employee Turnover: 39 Stats Every Hiring Manager Should Know | Canada

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How likely are your employees to look for a new job? Why might they choose to leave? And who's most likely to walk out the door? See the results of exclusive surveys of Canadian executives and workers for the answers to these and other questions about employee turnover.

Published in: Recruiting & HR
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Employee Turnover: 39 Stats Every Hiring Manager Should Know | Canada

  1. 1. 39 Stats Every Hiring Manager Should Know © 2017 Robert Half International Inc.
  2. 2. 26% 27% 16% 31% Overall Average Staff Moving On Source: Robert Half survey of more than 400 Canadian workers 18 years of age or older. Responses do not total 100 per cent due to rounding. © 2017 Robert Half International Inc. Employees were asked, “How likely are you to look for a new job in the next 12 months?” Their responses, including a breakdown by age:I QUIT 43% are very to somewhat likely to to look for a new job in the next 12 months. Somewhat unlikely 26% 27% 18-34 35-54 Somewhat likely Very likely 37% 24% 20% 14% Very unlikely 16% 35% 15% 6% 15% 64% 55+
  3. 3. Reasons for Leaving Source: Robert Half survey of more than 270 CFOs and 400 workers 18 years of age or older in Canada. Top responses shown. CFOs and workers don’t see eye to eye on top causes of employee turnover: © 2017 Robert Half International Inc. Lack of recognition 14% 4% CFOs Workers Inadequate salary and benefits Limited opportunities for career growth or advancement 25% 28% 39% 19% Bored with their job 5% 8% Overworked Unhappiness with management 7% 11% 9% 20%
  4. 4. Retention Worries Source: Robert Half survey of more than 270 Canadian CFOs. 32% of CFOs are somewhat or very concerned about retaining their current staff in the next 12 months. 28% of those CFOs think they could lose at least some of their staff. © 2017 Robert Half International Inc. CFOs weighed in on how concerned they are about losing their staff members. Their responses:
  5. 5. Who’s Likely to Leave? Source: Robert Half survey of more than 270 Canadian CFOs. Responses do not total 100 per cent due to rounding. 86% of CFOs said they experience the most turnover among entry-level employees. At what position level does your company experience the most employee turnover? Entry-level (0-3 yrs’ exp.) Mid-level (4-8 yrs’ exp.) Senior-level (9+ yrs’ exp.) 86% 14% 0% © 2017 Robert Half International Inc.
  6. 6. Retention Tactics Source: Robert Half survey of more than 270 Canadian CFOs. Multiple responses permitted. Top responses shown. Companies’ retention activities: Regularly check in with employees to ensure they are happy in their roles Regularly evaluate performance and discuss career development Regularly benchmark compensation and benefits to stay competitive Maintain a formal retention strategy 81% 77% 69% 66% © 2017 Robert Half International Inc.
  7. 7. For hiring and management advice, visit roberthalf.ca © 2017 Robert Half International Inc.

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