Employers Council Survey Reports Higher Turnover in Utah For Second Straight Year
Salt Lake City—Employers Council, a leader in human resource and employment law services for the business community, today announced the findings of its recent HR Metrics Survey with 2018 employee turnover rates. Employers in Utah reported a higher average employee turnover rate in 2018 vs. 2017 at 25.6 percent vs. 21.8 percent. Arizona and Wyoming employers also reported higher employee turnover in 2018, while employers in Colorado reported slightly lower turnover.
|Colorado||19.9 percent||20.8 percent|
|Arizona||24.1 percent||16.3 percent|
|Utah||25.6 percent||21.8 percent|
|Wyoming||17.3 percent||14.1 percent|
Survey findings were collected from 250 organizations in Utah, Arizona, Colorado, and Wyoming represented a cross-section of industries, including the government, manufacturing, natural resources, non-profit, technology, financial and real estate, insurance, health care, retail and wholesale, service, construction, and utilities.
“For a second year in a row, Utah remains at the top of employee turnover percentages and our survey data indicates another slight uptick in Utah employees leaving their employer in 2018 vs. 2017,” said Ryan D. Nelson, president of Employers Council’s Utah office. “Employers can take steps to reduce the turnover rate of employees taking new jobs by reviewing their applicant screening process, orientation process, and pay and benefits to see if changes to those policies might keep employees from leaving the organization for another position.”
Employers Council’s survey data can assist employers in creating total compensation packages that attract and retain the right talent. The 2019 HR Metrics Surveyalso includes statistics on Length of Service, Retirement Separations, Tenure Rates, Job Absence Rates, Compensation Expense, and Cost of Benefits. The survey includes breakouts of the data by company size, geographic area, and industry type.
For more information on Employers Council and the full survey data, visit www.employerscouncil.org.