Healthcare providers reported significantly higher voluntary turnover in 2005 than other U.S. industries, according to a survey by the American Society for Healthcare Human Resources Administration and Watson Wyatt Worldwide.
The median voluntary turnover reported by 110 healthcare employers, including hospitals, clinics and other provider organizations, was 14.1%, compared with 10.6% for all U.S. industries. Among workers identified as critical to the business, median voluntary turnover was 9% in the healthcare industry, compared with 5% elsewhere. Among nurses, median voluntary turnover was 12%. Employers said that relocation, limited opportunities for promotion and pay scale were the three primary reasons for turnover.