What Is The Average Employee Retention Rate by Industry? [2021 Update]
DailyPay
APRIL 10, 2021
Attrition has always been expensive for companies, but in many industries, the cost of losing good workers is rising, thanks to increasingly tight labor markets. This makes measuring employee turnover more important for employers. How can you gauge if you’re spending too much on employee turnover? Wholesale trade: 1.9%.
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