{"id":13309,"date":"2023-12-08T08:13:22","date_gmt":"2023-12-08T08:13:22","guid":{"rendered":"https:\/\/jobera.com\/?p=13309"},"modified":"2023-12-08T08:13:22","modified_gmt":"2023-12-08T08:13:22","slug":"employee-retention-statistics","status":"publish","type":"post","link":"https:\/\/jobera.com\/resources\/employee-retention-statistics\/","title":{"rendered":"40+ Employee Retention Statistics, Trends &amp; Facts Unveiled [2026]"},"content":{"rendered":"\n<p><em>Ever wondered how top companies keep their talent?<\/em><\/p>\n\n\n\n<p><em>Want to crack the code to boost morale and keep your A-team?<\/em><\/p>\n\n\n\n<p>It is worth noting that <strong>50%<\/strong> of new hires <strong>back ou<\/strong>t even before starting their new job.<\/p>\n\n\n\n<p>If companies focus on employee upskilling and career development, they can <strong>retain 9x<\/strong> employees longer.&nbsp;<\/p>\n\n\n\n<p>Hiring rates are increasing and so are the turnover rates leaving <strong>50% of employers<\/strong> with low retention rates across the world.<\/p>\n\n\n\n<p>Unlock the secrets to workforce stability with the latest <strong>employee retention statistics, facts and trends.&nbsp;&nbsp;&nbsp;<\/strong><\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><nav><ul><li class=\"\"><a href=\"#top-employee-retention-statistics-editors-pick\">Top Employee Retention Statistics: Editor\u2019s Pick<\/a><\/li><li class=\"\"><a href=\"#employee-retention-rate-by-industry\">Employee Retention Rate By Industry<\/a><\/li><li class=\"\"><a href=\"#employee-retention-and-turnover-statistics\">Employee Retention and Turnover Statistics<\/a><\/li><li class=\"\"><a href=\"#cost-of-employee-retention-statistics\">Cost of Employee Retention Statistics<\/a><\/li><li class=\"\"><a href=\"#factors-affecting-employee-retention\">Factors Affecting Employee Retention\u00a0<\/a><\/li><li class=\"\"><a href=\"#average-retention-rate-of-us\">Average Retention Rate of US<\/a><\/li><li class=\"\"><a href=\"#top-employee-retention-strategies\">Top Employee Retention Strategies<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"top-employee-retention-statistics-editors-pick\">Top Employee Retention Statistics: Editor\u2019s Pick<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"427\" src=\"https:\/\/dev.jobera.com\/resources\/wp-content\/uploads\/2023\/12\/average-retention-time-graphic-1024x427.png\" alt=\"average retention time is 4.1 years worldwide\" class=\"wp-image-13321\" srcset=\"https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/average-retention-time-graphic-1024x427.png 1024w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/average-retention-time-graphic-300x125.png 300w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/average-retention-time-graphic-768x320.png 768w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/average-retention-time-graphic.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Higher retention <\/strong>rates tend to maximize company profits by up to <strong>4 times<\/strong>. [<a href=\"#sources\">17<\/a>]<\/li>\n\n\n\n<li>Supportive leaders and an inclusive work environment improve employee retention by 300%.&nbsp;<\/li>\n\n\n\n<li><strong>50%<\/strong> of new hires back out even before starting their new job. [<a href=\"#sources\">6<\/a>]<\/li>\n\n\n\n<li><strong>Government jobs<\/strong> have always had the highest retention rates. [<a href=\"#sources\">1<\/a>]<\/li>\n\n\n\n<li>The <strong>entertainment and hospitalit<\/strong>y industries have the lowest retention rates. [<a href=\"#sources\">1<\/a>]<\/li>\n\n\n\n<li>The replacement cost per person amounts from<strong> $15k to $240k per person<\/strong>. [<a href=\"#sources\">20<\/a>]<\/li>\n\n\n\n<li><strong>75%<\/strong> of US workers do not want to stay at their jobs for more than five years. [<a href=\"#sources\">23<\/a>]<\/li>\n\n\n\n<li>Companies can<strong> retain 9x<\/strong> if leaders focus on upskilling. [<a href=\"#sources\">15<\/a>]<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"employee-retention-rate-by-industry\">Employee Retention Rate By Industry<\/h2>\n\n\n\n<p><em>Curious to know which industry has cracked the code to their employee retention and which is still lagging.<\/em><\/p>\n\n\n\n<p>It is not shocking to note that <strong>Government jobs<\/strong> have always had the <strong>highest <\/strong>retention rates. [<a href=\"#sources\">1<\/a>]<\/p>\n\n\n\n<p>The next in line is Finance and Insurance, with a <strong>24.6%<\/strong> separation rate. [<a href=\"#sources\">1<\/a>]<\/p>\n\n\n\n<p>The <strong>entertainment and hospitality<\/strong> industries have the<strong> lowest<\/strong> retention rates. [<a href=\"#sources\">1<\/a>]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"list-of-common-retention-rates-based-on-industry\">List of Common Retention Rates Based on Industry<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Industry<\/strong><\/th><th><strong>Employee Separations&nbsp;<\/strong><\/th><\/tr><\/thead><tbody><tr><td>Government&nbsp;<\/td><td>18.6%<\/td><\/tr><tr><td>Finance and Insurance<\/td><td>24.6%<\/td><\/tr><tr><td>Manufacturing<\/td><td>28.6%<\/td><\/tr><tr><td>Educational Services<\/td><td>29.8%<\/td><\/tr><tr><td>Wholesale Trade<\/td><td>29.6%<\/td><\/tr><tr><td>Arts\/Entertainment<\/td><td>79.5%<\/td><\/tr><tr><td>Leisure and Hospitality<\/td><td>79.0%<\/td><\/tr><tr><td>Accommodation and Food Services<\/td><td>78.9%<\/td><\/tr><tr><td>Construction<\/td><td>65.0%<\/td><\/tr><tr><td>Professional and Business Services<\/td><td>63.5%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"employee-retention-and-turnover-statistics\">Employee Retention and Turnover Statistics<\/h2>\n\n\n\n<p>The average retention time is <strong>4.1 years worldwide<\/strong>. [<a href=\"#sources\">7<\/a>]<\/p>\n\n\n\n<p><strong>One out of every two<\/strong> organizations has a turnover rate greater than<strong> 15%<\/strong> and 1 in 5 has a rate greater than <strong>30%<\/strong>. [<a href=\"#sources\">3<\/a>]<\/p>\n\n\n\n<p><strong>20% <\/strong>of frontline workers are planning to leave their current job within the next <strong>three to six <\/strong>months. [<a href=\"#sources\">5<\/a>]<\/p>\n\n\n\n<p><strong>50%<\/strong> of new hires back out even before starting their new job. [<a href=\"#sources\">6<\/a>]<\/p>\n\n\n\n<p>As remote work improves retention and provides flexibility to employees, companies that offer remote work have<strong> 25% lower employee<\/strong> turnover rates than others. [<a href=\"#sources\">18<\/a>]<\/p>\n\n\n\n<p>Improving<strong> transparency<\/strong> in management results in <strong>30%<\/strong> higher retention rates. [<a href=\"#sources\">19<\/a>]&nbsp;<\/p>\n\n\n\n<p>The reasons behind <strong>75% of employee<\/strong> turnovers are preventable and under employers&#8217; control. [<a href=\"#sources\">20<\/a>]<\/p>\n\n\n\n<p><strong>25%<\/strong> of people belong to the high<strong> employee retention ris<\/strong>k group. [<a href=\"#sources\">22<\/a>]<\/p>\n\n\n\n<div class=\"wp-block-columns has-background is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\" style=\"background-color:#fff9ed\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><strong>If you found this article interesting, you might enjoy these too:<\/strong><\/p>\n\n\n<p>[related_posts_by_tax taxonomies=&#8221;category,post_tag&#8221; posts_per_page=&#8221;5&#8243; orderby=&#8221;post_modified&#8221; title=&#8221;&#8221;]<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"cost-of-employee-retention-statistics\">Cost of Employee Retention Statistics<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"427\" src=\"https:\/\/dev.jobera.com\/resources\/wp-content\/uploads\/2023\/12\/retention-employers-1024x427.png\" alt=\"61% of employers face difficulty in employee retention\" class=\"wp-image-13320\" srcset=\"https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/retention-employers-1024x427.png 1024w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/retention-employers-300x125.png 300w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/retention-employers-768x320.png 768w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/retention-employers.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>With<strong> 61%<\/strong> of employers facing difficulty in employee retention, recent data proves that retention saves a bunch of money for companies. [<a href=\"#sources\">2<\/a>]<\/p>\n\n\n\n<p>The average cost of employee turnover is<strong> 1-2 times<\/strong> the employee\u2019s salary. [<a href=\"#sources\">2<\/a>]<\/p>\n\n\n\n<p><strong>Lower retention rates<\/strong> cost an employee<strong> $1 trillion<\/strong> a year. [<a href=\"#sources\">23<\/a>]<\/p>\n\n\n\n<p>The cost of employee turnover exceeded <strong>$700 billion <\/strong>in 2021. [<a href=\"#sources\">16<\/a>]<\/p>\n\n\n\n<p><strong>33%<\/strong> of an employee\u2019s<strong> yearly salary<\/strong> is equal to the amount required to replace them. [<a href=\"#sources\">20<\/a>]<\/p>\n\n\n\n<p>The replacement cost per person amounts from<strong> $15k to $240k per person<\/strong>. [<a href=\"#sources\">20<\/a>]<\/p>\n\n\n\n<p><strong>Higher retention <\/strong>rates tend to maximize company profits by up to <strong>4 times<\/strong>. [<a href=\"#sources\">17<\/a>]<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"factors-affecting-employee-retention\">Factors Affecting Employee Retention&nbsp;<\/h2>\n\n\n\n<p><em>Why do employees leave?<\/em><\/p>\n\n\n\n<p>Factors affecting employee retention include lack of proper onboarding, toxic work culture, lack of flexibility, lack of career development plans, and upskilling for employees.<\/p>\n\n\n\n<p><strong>60% of companies<\/strong> admit that they did not set any clear goals for new hires. [<a href=\"#sources\">21<\/a>]<\/p>\n\n\n\n<p>Resulting in<strong> 32%<\/strong> of employees quitting in the first 45 days. [<a href=\"#sources\">21<\/a>]<\/p>\n\n\n\n<p><strong>40%<\/strong> of employees quit because of the poor performance of seniors. [<a href=\"#sources\">21<\/a>]<\/p>\n\n\n\n<p>Transparent onboarding improves retention by <strong>23%<\/strong>. [<a href=\"#sources\">17<\/a>]<\/p>\n\n\n\n<p>Employees who feel valued for their work are <strong>34% less<\/strong> likely to leave their jobs. [<a href=\"#sources\">21<\/a>]<\/p>\n\n\n\n<p>Here are the major reasons behind low retention rates.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Changing careers or switching domains is the reason for<strong> 22% <\/strong>of employees who quit. [<a href=\"#sources\">20<\/a>]<\/li>\n\n\n\n<li>Lack of training and resources in the workspace also <strong>discourages employees (11%)<\/strong>.<\/li>\n\n\n\n<li>Work-life imbalance due to<strong> inflexibility at work (11%)<\/strong>.<\/li>\n\n\n\n<li>Work overload and<strong> burnout (26%).<\/strong><\/li>\n\n\n\n<li>No career growth, <strong>upskilling, and learning<\/strong> hinder the career development of employees and they tend to leave the job.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/dev.jobera.com\/resources\/wp-content\/uploads\/2023\/12\/employee-retention-reasons-1024x768.png\" alt=\"reasons behind low employee retention\" class=\"wp-image-13318\" srcset=\"https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/employee-retention-reasons-1024x768.png 1024w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/employee-retention-reasons-300x225.png 300w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/employee-retention-reasons-768x576.png 768w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/employee-retention-reasons.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"average-retention-rate-of-us\">Average Retention Rate of US<\/h2>\n\n\n\n<p><strong>75%<\/strong> of US workers do not want to stay at their jobs for more than five years. [<a href=\"#sources\">23<\/a>]<\/p>\n\n\n\n<p>Out of 1000 employees surveyed, <strong>31% quit<\/strong> their jobs in less than <strong>six months<\/strong> of hiring. [<a href=\"#sources\">23<\/a>]<\/p>\n\n\n\n<p>Over <strong>half<\/strong> of the enterprises worldwide struggle with personnel retention. [<a href=\"#sources\">23<\/a>]<\/p>\n\n\n\n<p><strong>Gen Z and millennials<\/strong> are <strong>53%<\/strong> more likely to leave their jobs in the US. [<a href=\"#sources\">4<\/a>]<\/p>\n\n\n\n<p>The US workforce in the<strong> technology and hardware industry<\/strong> is<strong> 60%<\/strong> more likely to leave their jobs. [<a href=\"#sources\">4<\/a>]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"top-employee-retention-strategies\">Top Employee Retention Strategies<\/h2>\n\n\n\n<p><em>How are employers maintaining their retention rates?<\/em><\/p>\n\n\n\n<p><em>Curious to know their secret tips and tricks?<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"427\" src=\"https:\/\/dev.jobera.com\/resources\/wp-content\/uploads\/2023\/12\/leaders-retention-graphic-1024x427.png\" alt=\"supportive leader improve employee retention by 300%\" class=\"wp-image-13317\" srcset=\"https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/leaders-retention-graphic-1024x427.png 1024w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/leaders-retention-graphic-300x125.png 300w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/leaders-retention-graphic-768x320.png 768w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2023\/12\/leaders-retention-graphic.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Here we have curated a list of top employee retention strategies that leaders in the job market recommend:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"develop-a-strong-onboarding-process\">Develop a strong onboarding process<\/h3>\n\n\n\n<p><strong>82%<\/strong> of employees have improved retention by implementing a <strong>good onboarding <\/strong>program. [<a href=\"#sources\">2<\/a>]<\/p>\n\n\n\n<p><strong>80% <\/strong>of new hires with bad onboarding,<strong> plan to leave <\/strong>especially remote workers. [<a href=\"#sources\">8<\/a>]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"build-a-helpful-company-culture\">Build a helpful company culture<\/h3>\n\n\n\n<p><strong>Toxic work culture<\/strong> has been the top reason behind employee attrition and is <strong>10 times<\/strong> more important than compensation. [<a href=\"#sources\">9<\/a>]<\/p>\n\n\n\n<p><strong>34% of CHROs<\/strong> are working on improving company culture to retain a talented workforce. [<a href=\"#sources\">10<\/a>]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"employees-should-feel-included\">Employees should feel included<\/h3>\n\n\n\n<p>According to the Diversity Inclusion Report 2022, employees who feel included and their work worthy, are<strong> 2.4 less likely<\/strong> to leave. [<a href=\"#sources\">11<\/a>]<\/p>\n\n\n\n<p>Organizations with no inclusive environment experience <strong>1.6 times more <\/strong>employee turnover. [<a href=\"#sources\">12<\/a>]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"provide-flexibility\">Provide flexibility<\/h3>\n\n\n\n<p><strong>88% of global leaders<\/strong> strongly<strong> recommend flexibilit<\/strong>y at work to improve retention. [<a href=\"#sources\">13<\/a>]<\/p>\n\n\n\n<p><strong>47% of employees<\/strong> are actively seeking a new job because they want more flexibility, especially after experiencing remote work during the pandemic. [<a href=\"#sources\">6<\/a>]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"provide-employee-development-opportunities\">Provide employee development opportunities<\/h3>\n\n\n\n<p>The best way to improve employee retention is by providing upskilling and learning opportunities. Concern over career growth has always been the top reason for resignations. [<a href=\"#sources\">14<\/a>]<\/p>\n\n\n\n<p>Companies can<strong> retain 9x<\/strong> if leaders focus on upskilling. [<a href=\"#sources\">15<\/a>]<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"give-and-ask-for-employee-feedback\">Give and ask for employee feedback<\/h3>\n\n\n\n<p><em>Can regular and constructive feedback make employees stay? Yes!!<\/em>&nbsp;<\/p>\n\n\n\n<p>Businesses that ask and appreciate employee feedback, impact retention rates by <strong>+326%<\/strong>. [<a href=\"#sources\">15<\/a>]<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fa-qs\">FAQs<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"what-is-employee-retention\">What is employee retention?<\/h3>\n\n\n\n<p>Employee retention refers to an organization&#8217;s ability to <strong>keep a talented workforce<\/strong> and their ability to stop employees from leaving. It includes the efforts and initiatives taken by employers, like proper onboarding, inclusive work culture, and others.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"why-is-employee-retention-important\">Why is employee retention important?<\/h3>\n\n\n\n<p>It is important for an organization to keep employee retention rates high, as employee turnover is costly. It takes 50% of an employee\u2019s salary to hire a new employee. Employee retention helps <strong>boost productivity<\/strong> and morale. It reduces overall costs by maintaining a good customer experience.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"what-are-some-effective-employee-retention-strategies\">What are some effective employee retention strategies?<\/h3>\n\n\n\n<p>Effective employee retention strategies recommended by leaders include developing a <strong>strong onboarding process<\/strong>, building a helpful company culture, and providing flexibility and employee development opportunities.&nbsp;<\/p>\n\n\n\n<p>The best way to improve employee retention is by <strong>providing upskilling and learning opportunities<\/strong>. Concern over career growth has always been the top reason for resignations.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion\">Conclusion<\/h2>\n\n\n\n<p>It is crucial to maintain high retention rates for a company to grow. Good retention rates not only help employers cut down on replacement and hiring costs but also improve productivity and work culture.<\/p>\n\n\n\n<p>Major reasons for low employee retention include changing careers or switching domains. 11% of employees admit that lack of training and work-life imbalance due to inflexibility at work discourages them.<\/p>\n\n\n\n<p>No career growth and upskilling hinder the career development of employees and they tend to leave the job. Employee Retention is highly dependent on the company\u2019s onboarding process and work culture. The best way to improve employee retention is by providing upskilling and learning opportunities to employees.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"sources\">Sources<\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li>U.S. Bureau of Labor Statistics. <a href=\"https:\/\/www.bls.gov\/news.release\/jolts.t16.htm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Annual average job openings rates by industry&nbsp;<\/a><\/li>\n\n\n\n<li>PRNewswire. <a href=\"https:\/\/www.prnewswire.com\/news-releases\/reimagining-strategies-to-improve-employee-attraction-and-retention-according-to-integrated-benefits-institute-study-301876770.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Integrated Benefits Institute Study 2023<\/a><\/li>\n\n\n\n<li>Ajg.com. <a href=\"https:\/\/www.ajg.com\/us\/2023-us-workforce-trends-report-series-organizational-wellbeing\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2023 US Workforce Trends Report Series: Organizational Wellbeing<\/a><\/li>\n\n\n\n<li>Ey. com. <a href=\"https:\/\/www.ey.com\/en_ca\/workforce\/work-reimagined-survey\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Work reimagined survey<\/a><\/li>\n\n\n\n<li>Forms.workday.com.<a href=\"https:\/\/forms.workday.com\/en-us\/reports\/front-line-worker-research-report\/form.open.html?step=step1_default\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> Frontline worker research report<\/a><\/li>\n\n\n\n<li>Gartner HR Survey, 2023 <a href=\"https:\/\/www.gartner.com\/en\/newsroom\/press-releases\/2023-08-23---gartner-hr-survey-finds-within-the-last-12-months%E2%80%93\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Retention in past 5 months <\/a><a href=\"https:\/\/www.bls.gov\/news.release\/tenure.nr0.htm\">Bureau of Labor, 2022<\/a><\/li>\n\n\n\n<li>TINYPulse. <a href=\"https:\/\/www.tinypulse.com\/blog\/13-surprising-statistics-about-employee-retention\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">17 Surprising Statistics about Employee Retention<\/a><\/li>\n\n\n\n<li>Paychex.com. <a href=\"https:\/\/www.paychex.com\/articles\/human-resources\/the-onboarding-crisis\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">The Effect of Poor Onboarding on New Hires, Paychex, 2023<\/a><\/li>\n\n\n\n<li>Sloanreview. <a href=\"https:\/\/sloanreview.mit.edu\/article\/toxic-culture-is-driving-the-great-resignation\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Toxic Culture Is Driving the Great Resignation, MIT Sloan Management Review 2022<\/a><\/li>\n\n\n\n<li>PRNewswire. <a href=\"https:\/\/www.prnewswire.com\/news-releases\/survey-hr-leaders-are-confident-about-hiring-and-retaining-workers-despite-recession-worries-301789747.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">The Conference Board 2023<\/a><\/li>\n\n\n\n<li>Bcg.com. <a href=\"https:\/\/www.bcg.com\/capabilities\/collections\/diversity-inclusion\/belonging-in-the-workplace\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Diversity, Inclusion, and Belonging in the Workplace, BCG 2022<\/a><\/li>\n\n\n\n<li>Hr McLean. <a href=\"https:\/\/hr.mcleanco.com\/research\/ss\/demystify-the-design-thinking-mindset\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Demystify the Design Thinking Mindset, McLean &amp; Company, 2022<\/a><\/li>\n\n\n\n<li>US Targus. <a href=\"https:\/\/us.targus.com\/pages\/empower-your-life\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2023 Global Workplace Study, Targus<\/a><\/li>\n\n\n\n<li>Centrical. <a href=\"https:\/\/centrical.com\/resources\/2023-global-operation-leaders-insight-survey\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2023 Global Operation Leaders Insight Survey, Centrical<\/a><\/li>\n\n\n\n<li>Octanner. <a href=\"https:\/\/www.octanner.com\/global-culture-report-executive-summary\/2024\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2024 Global Culture Survey<\/a><\/li>\n\n\n\n<li>Work Institute.<a href=\"https:\/\/workinstitute.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">&nbsp; 2022 Retention Report<\/a><\/li>\n\n\n\n<li>Well. ee. <a href=\"https:\/\/wellb.ee\/blog\/employee-retention\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">How to Improve Employee Retention With Higher Employee Engagement<\/a><\/li>\n\n\n\n<li>Owl Labs. <a href=\"https:\/\/resources.owllabs.com\/state-of-remote-work\/2020\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">State of remote work<\/a><\/li>\n\n\n\n<li>Hubspot Pulse Employee Retention Report.<a href=\"https:\/\/cdn2.hubspot.net\/hubfs\/443262\/TINYpulse_Employee_Retention_Report.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> The real story behind your employees leaving<\/a><\/li>\n\n\n\n<li>HR Dive.<a href=\"https:\/\/www.hrdive.com\/news\/study-turnover-costs-employers-15000-per-worker\/449142\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> Turnover costs employer $15,000 per worker<\/a><\/li>\n\n\n\n<li>HBR. <a href=\"https:\/\/hbr.org\/2018\/12\/to-retain-new-hires-spend-more-time-onboarding-them\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">To retain new hires, spend more time onboarding<\/a><\/li>\n\n\n\n<li>Dailypay. <a href=\"https:\/\/business.dailypay.com\/blog\/employee-retention-rate\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Employee retention rate&nbsp;<\/a><\/li>\n\n\n\n<li>Gallup.<a href=\"https:\/\/news.gallup.com\/businessjournal\/106912\/turning-around-your-turnover-problem.aspx\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> Turning around your turnover problem<\/a><\/li>\n<\/ol>\n\n\n<p>[ratemypost]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ever wondered how top companies keep their talent? Want to crack the code to boost morale and keep your A-team?\u2026<\/p>\n","protected":false},"author":6,"featured_media":13323,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[158,181,161],"class_list":["post-13309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-statistics","tag-burnout","tag-employee","tag-retention"],"_links":{"self":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts\/13309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/comments?post=13309"}],"version-history":[{"count":0,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts\/13309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/media\/13323"}],"wp:attachment":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/media?parent=13309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/categories?post=13309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/tags?post=13309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}