← All benchmarks HRRef/Voluntary Turnover Benchmark
Attrition · Voluntary

Voluntary Turnover Rate Benchmarks

Calculator
Where Does Your Voluntary Turnover Land?
Voluntary Turnover Calculator
Key numbers
Voluntary vs. Total Turnover
11%
US voluntary turnover median (2024)
Down from 15% in 2021–2022. The post-pandemic resignation spike has normalized across most sectors.
65–70%
Share of total turnover that is voluntary
In most industries, voluntary exits account for the majority of attrition. Involuntary and retirements make up the rest.
6–9%
Technology voluntary median (2024)
Lowest since 2015. Compressed hiring market and layoff anxiety have reduced voluntary exits sharply in tech.
Benchmark Table
Voluntary Turnover by Industry & Org Size

Voluntary exits only (resignations, retirements excluded if tracked separately). Source: SHRM, BLS JOLTS, Gallup 2024.

IndustryOrg SizeP25P50 MedianP75Top Quartile
Technology<5005%8%12%3%
Technology500–5,0004%7%10%3%
Technology5,000+4%6%9%2%
Financial Services<5007%10%14%5%
Financial Services500–5,0006%9%13%4%
Financial Services5,000+5%8%11%4%
Healthcare<50012%17%24%8%
Healthcare500–5,00010%15%21%7%
Healthcare5,000+9%13%18%6%
Retail<50018%27%40%12%
Retail500+15%22%34%10%
Manufacturing<5007%11%16%5%
Manufacturing500+6%9%14%4%
Professional ServicesAny9%13%19%6%
Government / PublicAny3%6%9%2%
NonprofitAny8%12%18%5%
EducationAny6%10%15%4%
HospitalityAny20%30%48%14%
TransportationAny14%21%32%9%
Sources: SHRM Benchmarking 2024, BLS JOLTS Quits Rate 2023–2024, Gallup State of Global Workplace 2024, Mercer Leaving for Greener Pastures survey 2024.