Canadian Human Resources Benchmarking: Turnover—June 2022

man looking at tablet

Canadian Human Resources Benchmarking: Turnover—June 2022

Human Resources
8 min read

Author: Lauren Florko


This ongoing series examines the HR practices and metrics of Canadian organizations, specifically around turnover, engagement, diversity and inclusion, absence, and health and safety.

Want a discount? Become a member by purchasing a subscription! Learn More

Document Highlights:

In 2021, average voluntary turnover decreased from previous years. However, voluntary turnover rates varied greatly by industry, sector, and region, ranging from 3 to 22 per cent.

Select industries—particularly retail and scientific, professional, or technical industries—are experiencing the Great Attrition. In these industries, more than one in six employees changed roles.

Unionized employees are leaving organizations at a lower rate than non-unionized employees, suggesting that the benefits of unionization are still attractive to employees amidst greater competition for talent.

Involuntary turnover is unprecedentedly low—likely because of labour market tightness brought on by an increasing number of retirements, low levels of immigration, and intense competition for talent.

Ten per cent of employees will be eligible to retire in the next three years, with most retirements expected in trades, service, and production roles. As a result, labour markets are predicted to tighten further in the coming years.

Require an accessible version of this research?

Upon request, The Conference Board of Canada offers accessible versions of research. Please contact us to request your accessible version.

Learn more about our accessibility policies.


Be the first to review “Canadian Human Resources Benchmarking: Turnover—June 2022”

There are no reviews yet.