Financial Stability and Vitality
5.07 Employee Turnover Rate by City (2016/2017)
What the data tells us:
● The employee turnover data compares various cities' turnover rates for the 2016/2017 fiscal year. Turnover rates vary significantly between cities, with Mesa having the highest rate (8.42%) and Glendale at 5.70%. Cities like Chandler show a moderate turnover rate of 7.10%. These figures indicate varying degrees of workforce stability across cities.
● The benchmark cities' average rate is not included, which limits the ability to directly compare individual city rates against a broader set of peers.
Key Insights:
- Mesa's high turnover: Mesa's higher-than-average turnover rate suggests potential issues in employee retention, possibly due to organizational culture, job satisfaction, or external economic factors.
- Glendale's lower turnover: Glendale's lower rate indicates stronger employee retention, possibly as a result of better HR practices, workplace satisfaction, or competitive compensation.
- Chandler's moderate turnover: With a 7.10% turnover rate, Chandler falls somewhere in the middle, which may reflect a balance between attracting new talent and retaining existing employees.
- Absence of retiree-adjusted rates: The data includes turnover rates excluding retirees, which could provide more accurate insights into voluntary turnover but is only partially available in this dataset, suggesting a need for more complete data to assess the true turnover situation.
- Benchmark comparison limitation: Without the benchmark cities' full data, it's hard to assess whether these cities are performing better or worse in terms of turnover relative to regional or national averages.