Shocking Employee Turnover Statistics
AUGUST 27, 2018
We all know that employee turnover is a problem, but just how of a big of a problem is it? How much does turnover cost companies? And what are the main causes? The High Cost of Turnover. A Gallup report found that 21% of Millennial workers say they’ve changed jobs within the past year—a percentage that’s three times higher than non-Millennials. Due to this propensity for job-hopping, Millennial turnover costs the U.S. The Engagement Problem.