Challenging conventional wisdom about employee turnover: Revelations from corporate America

Peter Hom, Loriann Roberson, Aimee D. Ellis

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

We report findings from a consortium of 20 large corporations that share quit statistics about their professional workforce (numbering 475,458). Our data analyses corroborated and extended established scholarly and practitioner conclusions about who is likely to quit. Specifically, our tests indicate that seniority is inversely related to quits but that this relationship varies across jobs. We also found performance to be negatively related to exits. Moreover, women turnover more than men (1.53 times higher), though this gender gap varies by seniority and occupation. Further, African (1.41 times higher than Whites) and Hispanic Americans (1.27 times higher than Whites) exit more than Caucasian, Asian, and Native Americans, while the turnover rate of African Americans converges to that of Whites over time. We discuss how these large-sample findings advance understanding of leavers' attributes as well as prescribe strategies for improving retention.

Original languageEnglish (US)
Title of host publicationAcademy of Management 2006 Annual Meeting: Knowledge, Action and the Public Concern, AOM 2006
StatePublished - 2006
Event66th Annual Meeting of the Academy of Management, AOM 2006 - Atlanta, GA, United States
Duration: Aug 11 2006Aug 16 2006

Other

Other66th Annual Meeting of the Academy of Management, AOM 2006
CountryUnited States
CityAtlanta, GA
Period8/11/068/16/06

Keywords

  • Gender and diversity
  • Tenure
  • Turnover and performance

ASJC Scopus subject areas

  • Management Information Systems
  • Management of Technology and Innovation

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    Hom, P., Roberson, L., & Ellis, A. D. (2006). Challenging conventional wisdom about employee turnover: Revelations from corporate America. In Academy of Management 2006 Annual Meeting: Knowledge, Action and the Public Concern, AOM 2006