Research conducted by S&P Global shows that, worldwide, the discretionary consumer sector had the highest billing rate, at 20.5% percent. The sector includes a wide range of industries, such as specialty retail, automotive, media and electronics. Healthcare (13.2%), IT (12.7%), finance (12.6%) and manufacturing (11.8%) are among the most difficult industries when it comes to voluntary turnover. Discover the average turnover rates of five key sectors, including the Call Center Company near Elk Grove CA, the unique challenges each one faces, and the measures that employers can take to improve retention. The U.S.
retail and wholesale industry The U.S. has the highest billing rate, at 24.9%. Meanwhile, the chemical industry enjoys one of the lowest turnover rates, at just 9.1%. In addition, technological advances and automation are reducing the demand for labor in these industries, creating job insecurity and encouraging workers to explore new career paths.
