Nationwide, employee turnover rates of 20-30 percent are not only common, they are often an expected cost of doing business. Imagine locating your company in a state where employee turnover rates higher than 15 percent are cause for concern. Imagine locating your company in a state where employers may not track turnover because itís not an issue, much less a line item.
In a 2003 labor availability study, 70.5 percent of the employers responding reported a turnover rate less than 10 percent.
Take a look at these examples:
||less than 1% (salaried employees)|
|Unisys (bus. svcs.)
Hire an employee in North Dakota and you get loyalty. This loyalty transfers into a more highly skilled, efficient workforce for your company.
For additional information about any of these productivity issues or to have one of our business development consultants answer specific questions regarding your project, contact us at 1-866-4dakota or 701-328-5300.