As the Holiday Shopping Season Approaches, Korn Ferry Survey of Top US Retailers Examines Employee Turnover
LOS ANGELES--(BUSINESS WIRE)--In advance of the holiday shopping season kick-off, a new Korn Ferry (NYSE:KFY) survey of top retailers is revealing insights into employee turnover. The survey finds that of all retail positions, part-time hourly store employees have the highest turnover rate, with 76 percent average turnover in 2019. That’s down from an average turnover of 81 percent in 2018. Less than a quarter (24 percent) of respondents say they’ve seen an increase in employee turnover since t
As the Holiday Shopping Season Approaches, Korn Ferry Survey of Top US Retailers Examines Employee Turnover
LOS ANGELES--(BUSINESS WIRE)--In advance of the holiday shopping season kick-off, a new Korn Ferry (NYSE:KFY) survey of top retailers is revealing insights into employee turnover. The survey finds that of all retail positions, part-time hourly store employees have the highest turnover rate, with 76 percent average turnover in 2019. That’s down from an average turnover of 81 percent in 2018. Less than a quarter (24 percent) of respondents say they’ve seen an increase in employee turnover since t