IInside Express

Employee Turnover Poses Challenges for Companies—Employment Insights from Express

0
Shares
0
0
0
0

Express Employment Professionals’ America Employed and Canada Employed series explore the state of employment in North America, including everything from hiring expectations and HR challenges to job seekers’ optimism and shrinking the skills gap. Learn about the latest insights uncovered in a recent Express Employment Professionals-Harris Poll survey. 

Companies are prioritizing both hiring for strategic growth and preparing for potential employee turnover. This anticipated shift is fueled by a competitive job market, changing employee expectations, and ongoing economic uncertainty. Companies recognize that proactively attracting and retaining talent is crucial for sustained success.

U.S. hiring managers report the most common reasons for increased employee turnover include:

  • Better pay and benefits offered elsewhere (34%)
  • Employees voluntarily resigning (32%)
  • Increased workplace demands (29%)
  • Employee retirements (26%)
  • More appealing company cultures elsewhere (24%)
Infographic titled “Top Reasons U.S. Employees Are Heading for the Exit.” A stylized illustration shows a person surrounded by colorful arrows pointing in different directions. Text reads: “34% Better pay and benefits offered elsewhere; 32% Employees voluntarily resigning; 29% Increased workplace demands; 26% Employee retirements; 24% More appealing company cultures elsewhere.” Logo at the top reads “America Employed.”

Canadian hiring managers (28%) say they expect turnover at their company to increase this year.

The financial burden of turnover is especially pronounced in larger organizations. Among those who report annual turnover costs of $100,000 or more:  

  • 34% of companies with at least 500 employees
  • 6% of companies with 10–99 employees
  • 4% of companies with 2–9 employees
Infographic titled “Top Reasons Canadian Employees Are Heading for the Exit.” A stylized illustration shows a person surrounded by colorful arrows pointing in different directions. Text reads: “37% Increased workplace demands; 33% Better pay and benefits offered elsewhere; 29% The competitive job market; 29% Employee feelings of being overworked; 26% Better perks elsewhere.” Logo at the top reads “Canada Employed.”

Read more about the latest employment insights in America Employed at ExpressPros.com and Canada Employed at ExpressPros.ca. 

Last Updated on February 6, 2026

— Previous article

Top Tips to Prevent Manual Material Handling Injuries

Next article —

VMS Myth vs. Truth: What Companies Need to Know About Vendor Management Systems