Staff turnover up, insurer annual results down
The 2010 National Management Salary Survey, published by the Chartered Management Institute and Xpert HR, revealed a labour turnover rate of 13.6%, up from 12.4% in 2009.
Resignations in the insurance sector stand at 6.2%, compared to 4.1% twelve months ago: the average is 4.7%.
The survey results show that employers are failing to persuade staff to stay, with requests for internal transfers as an alternative to leaving resting at 3.4% for the sector against a national average of 3.6%. Ruth
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