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May 25, 2007

Turnover is highest in the Jun Quarter

Statistics NZ released there latest employer-employee data last week. He are some interesting numbers I have discovered:

Staff Turnover
The transport industry had a 14.4% turnover for the year to March. This is down slightly on the same time last year which is 15.5%. For the wholesale trade (which includes many distribution centres) turnover is 13.3%

Looking at the stats it is interesting to see that the June Quarter is actually the highest turnover period for the supply chain industry and historically rises to around 17% for transport and 15% for wholesale. Time to keep a close eye on the your staff.

Number of workers
The other fact I found interesting was that since Mar 2002 (when agoge launched) work numbers in this transport category have increased by 15% from 61,000 to 71,000 people.

Workers in the wholesale industry have increased 14% from 96,000 to 110,000.

All in all a growth industry! While it would be nice to reduce the staff turnover I suspect that this will continue to rise. People are no longer committed to long term employment and will move jobs more frequently than ever.

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