Workforce Turnover Around the World

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Workforce Turnover Around the World SKU_8852

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

  • 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

Did you know that the average involuntary turnover rate in Sri Lanka is by far the lowest in the Asia Pacific region?


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Pricing

Edition – 2019 Price
Online* USD 3,500
Global PDF USD 3,500
Region PDF USD 1,500
Single Market PDF USD 750
Excel Add On** USD 500
Edition – 2018 Price
Global PDF USD 3,500
Region PDF USD 1,500
Single Market PDF USD 750
Excel Add On** USD 500

* Online includes access for up to 5 users; additional users may be added for a fee. Includes Excel download files; does not include PDF. Two updates per year, including early access for select markets in April and a full update in November.

** Must purchase Global PDF.

Single market (country) reports are available upon request; please contact your local Client Services team to place an order.

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Workforce Turnover Around the World


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Middle East and Africa

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Related Articles

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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
  • RegionUS
  • Short DescriptionAnalyze economic, labor market trends, and workforce changes by region, country, and industry.
  • isCOLQOLNO