The average turnover rate of different work models in the UK and US from 2019 to 2023: Remote discovered that in 2021 director roles had the highest turnover rate with 35%, compared to 2022 which saw the highest turnover in entry-level positions with 35%.īusinesses offering hybrid roles find it easier to retain staff The US saw the lowest turnover in employees in HR jobs in 2021 and then design jobs in 2022.Įmployee turnover also varies in different job levels. On the flip side, legal jobs had the lowest turnover rates in both 20 in the UK. Customer service and sales roles are the only jobs that have seen a decrease in their employee turnover, with rates falling by 0.2% and 0.5% respectively. Information technology jobs came in with the highest turnover rates in the US with an average of 41.7% of employees leaving.įinance and accounting roles have seen the biggest average increase in turnover, with a 3.3% higher rate in 2022 compared to 2021.

In 2022, jobs in ‘product’ departments have seen the highest turnover in the UK with a 32.2% rate. The average company turnover rate in the UK and US from 2019 to 2023:Īverage turnover as a percent of total employees 2022 They surveyed 544 employers in the UK and US to discover the jobs with the highest and lowest turnover rates, how turnover rates have changed in the last few years, and the negative impacts of high turnover.Įmployee turnover rates are expected to rise to 41% in 2023 January 2023: Global HR and payroll company Remote have conducted a study to understand the importance of employee retention, why turnover rates may be high, and what you can do to reduce them.

Hybrid and Remote work structures have the lowest employee turnover rates at 36.6% and 38.7% respectively, compared to in-office roles at 43.7%Įntry-level positions had the highest staff turnover rate in 2022 at 35%įinance and Accounting is the industry that saw the biggest increase in employee turnover from 2021 to 2022 at 3.3%įinding and hiring a new employee takes 40 days on average and costs business 34.5% of an employee’s salary Employee turnover rates are set to hit 41.4% on average in 2023, with the US reaching 46.8% and the UK hitting 35.6%

Attrition rate in it companies 2022