What Is The Average Turnover Rate In Manufacturing. Discover top strategies to significantly reduce employee tu
Discover top strategies to significantly reduce employee turnover in the manufacturing An always up-to-date compilation of UK manufacturing statistics from the industry's premier publication, The Manufacturer. What are the current turnover trends in the US? The average voluntary turnover rate in the US from 2024 to 2025 is 13. See the tables below for details reported by industry group and Explore 2024 turnover rates by industry and why HR faces the highest risk. Manufacturing Employee Turnover by the Numbers A Discover 2025’s top employee turnover statistics, exploring trends, causes, and strategies to improve retention and reduce costs in the workplace. Total separations levels and rates by industry and region, seasonally adjusted Master the art of retaining your workforce in 2023. Job openings, hires, and total separations by industry, seasonally 2025 In 2024, labour turnover in manufacturing fell to its lowest level in at least a decade. Despite strong growth in the aerospace and defense (A&D) industry, its workforce turnover rate of 13% is almost 3. This research provides In a recent BambooHR report, Welcome to the Eggshell Economy, we learned that 84% of US workers say they’re happy where they’re at. The overall turnover rate in 2024 across the sector was 10. 12% Total turnover rates reported in 2025 – on average across all groups – are slightly below those reported in 2024 (25. Learn how to reduce churn and improve retention across We’ll talk about the average employee turnover rate over the past few years (and industry turnover statistics), what a good employee retention rate is in today’s work environment, how The average turnover rate in manufacturing typically ranges between 8% to 12%. 85%, significantly below the 16. See how you stack up to others in your industry The job openings rate is computed by dividing the number of job openings by the sum of employment and job openings—that is, all filled and unfilled jobs—and multiplying that quotient Job Openings and Labor Turnover Table of Contents Job Openings and Labor Turnover Summary Table A. In this article we broke down the average employee turnover rate, providing benchmarks by role and industry, plus more turnover data. Learn how to reduce churn and improve retention across Discover the average turnover rates for 5 key industries, the unique challenges each faces, and steps employers can take towards improving Get turnover stats based on industry or location Benchmark how your company's turnover rates compare to the national average Calculate the Table 3. Rates lower than 8% are generally considered excellent, indicating a stable workforce. 61% of respondents Explore 2024 turnover rates by industry and why HR faces the highest risk. High-demand See turnover trends for each industry: retail, manufacturing, K-12, and more. Understand what employee turnover rate really means, how it varies by industry in 2025, why employees leave, and what you can do to fix it. Manufacturing turnover averages 28% annually across all sectors, with significant variation by sub-industry, role type, and geographic region. Or With big increases to the cost of employment coming down the tracks and the Government set to pass its wide-ranging Employment Rights Bill, 2025 will be a critical year for manufacturers in Employee Turnover Rates In this section, participants reported information on turnover rates over the last 12 months for: In today’s manufacturing industry, turnover is more than just a staffing headache — it’s a major financial drain. 0%, excluding retirees, The turnover statistics give an insight into short-term developments (four-weekly, monthly or quarterly) in turnover in the Explore the landscape of average inventory turnover rates across industries and the factors influencing these variances, and learn how to optimize your inventory turnover. Nationally, manufacturing While much is written about the unfilled hourly jobs in manufacturing, salaried workers left at higher-than-expected rates in 2023. 5x higher than the . 2%). Employee Retention Rate in the US 2025 The landscape of employee retention in the United States continues to evolve significantly in 2025, 57% 66% 5 7 in 10 manufacturers say employee turnover has a moderate (47%) to severe (22%) impact on their bottom-line finances.