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2013 Employee Turnover Trends

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Leveraging our exclusive data assets, Equifax has assembled an infographic capturing key employee turnover trends that emerged in 2013 from the more than 48 million job separations that took place. For more emerging employment trends, visit our interactive Workforce Insights microsite (http://www.talx.com/benchmarks/index.asp) and follow our Human Capital Intelligence focused blog feed (http://insight.equifax.com/category/business-needs/human-capital-management/)

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2013 Employee Turnover Trends

  1. 1. EMPLOYEE TURNOVER 20132012 55.5% 53.9% 52.6% 53.6% 57.7% Voluntary turnover increased by 3.5 percentage points from the previous year while layoffs decreased by 3.5 percentage points. 56.3% Voluntary 59.8% Voluntary 27% Layoffs 23.5% Layoffs TRENDS IN 2013 19.5% of voluntary turnover in real estate was due to employee dissatisfaction. That's 15.6 percentage points above the national average. 75.7% of turnover for clothing and clothing accessory stores was voluntary. That's 15.9 percentage points above the national average. 39.9% had been at their job for less than 6 months. 24.2% in the computer and electronic manufacturing industry left their job for another opportunity. That's 8.3 percentage points above the national average. 43% National turnover rate 48,160,423 job separations took place. Highest turnover rates Utah also had the lowest percentage of layoffs (16%) in the country. WORKFORCE SOLUTIONS © 2014 Equifax Workforce Solutions, a/k/a TALX Corporation, a wholly owned subsidiary of Equifax Inc., Atlanta, Georgia. All rights reserved. Want to see more employment trends? Visit www.equifaxworkforce.com/benchmarks. Equifax Workforce Insights and Benchmarks are based on aggregate, transactional employment data rather than self-reported survey information.

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