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25 October 2012

News - 9.3% of staff resigned in 2011

By Ben Turner @ 05:35 :: 2862 Views :: 16 Comments :: Article Rating
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In the UK, an average of 9.3% of employees resigned from their jobs in 2011, according to the latest XpertHR survey of labour turnover rates and costs.

This 2012 survey is based on 514 labour turnover statistics from 329 employers about the rates and costs of staff turnover for the 2011 calendar year.

The total labour turnover rate, which also includes reasons for leaving such as dismissals, redundancies and retirements, across the economy was 15.6%.

On average, the highest resignation rates in the economy were experienced by private-sector-services employers: 11.0% compared to 5.7% in manufacturing-and-production and 6.7% in the public-sector. The considerably higher level of voluntary employee departures in private-sector-services probably reflects the greater buoyancy in the labour market in this section of the economy.

"The private sector, overall, has been quicker to recover from the continuing harsh economic climate," says Rachel Suff, XpertHR author of the report. "The public sector, in contrast, is now bearing the brunt of austerity measures and spending cuts; it is not surprising that people working in the public-sector are typically more worried about job security and less likely to seek new employment opportunities compared to employees based in private-sector-services."

"Since the end of 2008, the ongoing recession has had an uneven impact across the economy and there are many factors influencing both staff resignations and total labour turnover levels within individual organisations besides which industry they are operating within," says Rachel Suff.
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