What is the average turnover of employees in companies?

The average employee turnover rate varies by industry but generally ranges from 10% to 20% annually. Sectors like retail and hospitality often experience higher turnover, sometimes exceeding 30%, due to seasonal employment and lower job satisfaction. Conversely, industries such as healthcare and education tend to have lower turnover rates, often below 10%. Factors influencing turnover include company culture, employee engagement, and economic conditions.