Average Employee Turnover Rate In South Africa

What is Employee Turnover?

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In the context of human resources, turnover is the act of replacing an employee with a new employee. Partings between organizations and employees may consist of termination, retirement, death, interagency transfers, and resignations.

Average Employee Turnover Rate In South Africa

In 2019, PwC’s Salary and Wage Movement survey reported an overall labor turnover across industries of 11.5%, of which 49.8% was attributed to resignations.

What is the average employee turnover rate ?

57.3%

The national average annual turnover rate was 57.3% in 2020.

The number of people who left their job due to quitting, layoffs, discharges, or any other separation increased to 6.2 million people in September 2021.

What is typical employee turnover rate?

Average Employee Turnover Rates

In 2021, the overall turnover rate across industries was 57.3% — but that drops to just 25% when considering voluntary turnover alone.

What is average turnover rate by industry?

Table 16. Annual total separations rates by industry and region, not seasonally adjusted

INDUSTRY AND REGION20172020
Total private47.862.9
Mining and logging48.555.3
Construction61.468.5
Manufacturing30.644.2

Which industries generate the highest turnover in South Africa?

Business services took the top spot as the industry with the highest profit margin ratio, followed by personal services, manufacturing and transport.

Construction was in sixth place, with 2 cents of profit for every rand of turnover generated.

Which is the fastest growing sector in South Africa?

Fastest growing industries in South Africa

  • Pharmaceuticals and healthcare sector.
  • Transport and logistics sector.
  • Finance and banking sector.
  • Mining sector.
  • Communications and information technology sector.
  • Finance and banking sector.
  • Agriculture and agro-processing.
  • Fashion and beauty sector.
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