According to recent data from the providers of a cloud-based payroll, benefits and HR management software, called Gusto, quit rates in November this year were at 3.4%, well above the 2.7% in November 2020. This means that the number of employees still quitting their job still remains at a high level.
A report found that among workers in companies on the Gusto platform, the quit rate fell slightly for the third month in a row from a record 5% in August, and in October, the number of employees who left their jobs fell to 3.6%, which was followed by a small drop to a 3.4% in November.
These numbers are still well above last year’s rate in November when the figure was 2.7%.
Because of these reports, it would be good for small businesses to devote time and attention to improving their work culture in order to help raise morale among workers and prevent them from quitting their jobs.
An economist at Gusto, Luke Pardue, who is a researcher on how public policies help small businesses and their workers thrive, listed the industries that have the highest number of quitting staff.
“The highest quits rates in November were seen in Accommodations (7.7%), Food & Beverage (7.0%), and Facilities (7.1%). This is the third straight month these sectors have experienced the highest quit rates, which reflects an economy-wide shift underway, as workers leave service-sector jobs in search of job opportunities with more flexibility and higher pay,” writes Pardue.
So the businesses that have been hit the hardest by their employees leaving are the ones that offer personal services such as accommodations, food and drink.
As for the research by states, Idaho is listed to have the largest number of leaves by their employees, with a rate of 7.% in November. The next states on that list are Iowa and Montana which had quit rates of 5.2% and 5.0%.
The reports have also shown that women are leaving their job more often than men, as the numbers in November say that 3.1% of men quit their jobs, which is a little less than the number of 3.73% for women.