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Nonetheless, voluntary turnover at the largest four firms runs between 12% and 17% per year.
A study by the Society for Human Resource Management concluded that the voluntary turnover rate for federal jobs reached 17 percent in 2011, higher than in many other industries.
But you talk about voluntary turnover.
In other words, as economic fears recede, voluntary turnover rises.
Voluntary turnover declined to 16.5% from 18.0% the previous quarter.
Their full-time voluntary turnover rate (8%) is well below the software industry average of 13.2%.
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BoA has only 3% voluntary annual turnover; at Intel, it's 2%.
Voluntary employee turnover has long been of interest to researchers and practitioners, mainly because of its potential to have a negative effect on organizational productivity and morale (Chen et al., 2011; Shaw et al., 2005).
Voluntary nurse turnover is shown to be influenced by a myriad of inter-related factors, and there is increasing evidence of its negative effects on nurses, patients and health care organizations.
When analyzing explanations for workplace unhappiness and voluntary employee turnover, most factors can be categorized as "respect" issues.
When the Level Playing Field Institute conducted a landmark study of 19,000 professionals and managers in 2007 to determine the role of bias in voluntary employee turnover, we found that people of color were three times more likely to leave due solely to unfairness.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com