Understanding the effects from the first few months of the pandemic can be valuable in helping understand what will happen next. A recent report sought to understand turnover and hiring trends for the month of May.
The report, called “COVID-19 Employee Turnover and Hiring Trends for May 2020,” was created by Visier and relies on data from over 6 million employee records from more than 70 large companies.
The State of Turnover
Data from the second week of May compared with the second week of April show a 53% reduction in overall turnover, including both voluntary and involuntary turnover.
