Workforce Turnover Around the World

Although some turnover brings interruption, sometimes it’s beneficial for revitalizing or fine-tuning your workforce.

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Employee turnover can bring a mixed bag of positive and negative impacts. Although some turnover brings interruption to ongoing projects and costly recruiting, sometimes it’s beneficial for revitalizing or fine-tuning your workforce. In either case, it’s critical that you prepare for turnover so you can be proactive in taking the steps needed to retain your top talent.

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

  • Voluntary and involuntary turnover by career level for previous calendar year
  • Voluntary and involuntary turnover by industry for previous calendar year
  • Hiring intentions for this year and next year
  • Hiring intentions by industry

14 Industries

  • Banking/finance
  • Chemicals
  • Consumer goods
  • Energy
  • High tech
  • Insurance/reinsurance
  • Life sciences
  • Logistics
  • Mining & metals
  • Other manufacturing
  • Other nonmanufacturing
  • Retail & wholesale
  • Services nonfinancial
  • Transportation equipment

Published: November 2020

Next Release: April 2021

File format(s): Online, Excel, PDF


  • CAD 1,185 – 3,950
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Workforce Turnover Around the World


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Available Markets

Americas

  • Argentina
  • Bolivia
  • Brazil
  • Canada*
  • Chile
  • Colombia
  • Costa Rica
  • Dominican Republic
  • Ecuador
  • El Salvador
  • Guatemala
  • Honduras
  • Mexico
  • Nicaragua
  • Panama 
  • Paraguay
  • Peru
  • Puerto Rico
  • United States* 

Asia Pacific

  • Australia
  • Bangladesh
  • China
  • China-Beijing
  • China-Changsha
  • China-Changzhou
  • China-Chengdu
  • China-Chongqing
  • China-Dalian
  • China-Guangdong
  • China-Hangzhou-Ningbo
  • China-Hefei-Wuhu
  • China-Nanjing
  • China-Qingdao
  • China-Shanghai 
  • China-Shenyang-Changchun
  • China-Suzhou-Kunshan
  • China-Tianjin
  • China-Wuhan
  • China-Wuxi
  • China-Xiamen-Fuzhou
  • China-Xi’an
  • Hong Kong
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Myanmar
  • New Zealand 
  • Pakistan
  • Philippines
  • Singapore
  • South Korea
  • Sri Lanka
  • Taiwan
  • Thailand
  • Vietnam

Europe

  • Austria
  • Azerbaijan
  • Belarus
  • Belgium
  • Bulgaria
  • Croatia
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Georgia
  • Germany
  • Greece
  • Hungary
  • Ireland
  • Italy
  • Kazakhstan
  • Latvia
  • Lithuania
  • Netherlands
  • North Macedonia
  • Norway
  • Poland
  • Portugal
  • Romania
  • Russia
  • Serbia
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • Ukraine
  • United Kingdom
  • Uzbekistan

Middle East and Africa

  • Algeria
  • Angola
  • Bahrain
  • Democratic Republic of Congo
  • Egypt
  • Ethiopia
  • Ghana
  • Israel
  • Ivory Coast 
  • Jordan
  • Kenya
  • Kuwait
  • Lebanon
  • Malawi
  • Morocco
  • Mozambique
  • Nigeria
  • Qatar
  • Republic of Congo
  • Rwanda
  • Saudi Arabia 
  • Senegal 
  • South Africa 
  • Tanzania
  • Tunisia
  • Uganda
  • United Arab Emirate
  • Zambia
  • Zimbabwe
*Involuntary turnover data are not available for Canada and the United States.

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Perils and Pitfalls of Relying on Turnover Cost Estimates

HR and other leaders routinely seek to benchmark turnover costs, often using standard “rule-of-thumb” estimates. However, such estimates can be misleading because of the way they are calculated. This article looks at the costs and potential benefits of turnover, uses case studies to demonstrate variation in impact, and discusses how employers can more effectively assess the impact of turnover in their own workforces.

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  • IsOrderingSetYes
  • Ordering TypeMultiLevelMultiSelection
  • RegionEnglish-United States
  • Sub TitleAlthough some turnover brings interruption, sometimes it’s beneficial for revitalizing or fine-tuning your workforce.
  • Short DescriptionAnalyze economic, labor market trends, and workforce changes by region, country, and industry.
  • isCOLQOLNO

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