Guide to labour turnover data

RETENTION

Guide to labour turnover data

Labour turnover rates are perhaps the most common use of benchmarking by personnel specialists. But where do you find this management information? Industrial Relations Services has just published a handy guide to sources of labour turnover data.

Want to know more?

Benchmarking labour turnover 2001/02

Part 1

IRS Employment Trends 741/Recruitment and retention, 3 December 2001.

In this eight-page guide IRS considers

  • the economic impact of labour turnover
  • key national and general sources of data
  • reasons why employees leave
  • patterns and trends that major sources reveal
  • methods of calculating labour turnover
 

"The strategic management of recruitment and retention should aim to give employers a measure of influence and control over who leaves and who stays it is not about the absolute prevention of any recruitment or loss of staff. Instead, such strategies aim to ensure that organisations have access to the skills they require, at the time and place they need them, and at a cost they can afford. This business rationale holds true regardless of the health of the economy." — Industrial Relations Services.

Benchmarking labour turnover 2001/02

Part 2

IRS Employment Trends 743/Recruitment and retention, 14 January 2002.

A five-page guide to sources of data on specific industries and occupations:

(Published labour turnover data for specific occupations is mainly available from specialist salary surveys. Data on specific industries is mainly compiled by National Training Organisations and trade associations.)

  • actuaries
  • managers: the national scene
  • call centres
  • managers: smaller businesses
  • chemicals
  • pensions specialists
  • computer/IT specialists
  • property services
  • engineering
  • sales and marketing
  • healthcare and caring
  • secretarial staff
  • local authorities
  • voluntary sector

Labour turnover benchmarking data becomes more and more useful as its focus narrows to specific occupations — and, ideally, is cross-referenced to particular industries and locations and workforce sizes. — Industrial Relations Services.

Part 2 also includes a five-page directory of labour turnover sources.

Availability

Contact the subscriptions department at Industrial Relations Services in London, tel: 020 7354 6742.

Further information

Web: www.irsemploymentreview.com

Email: for editorial enquiries neil.rankin@butterworths.co.uk.

Posted 1 March 2002