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Frequently asked questions about the labor market
What do today's turnover rates reveal about the current state of the labor market and employer vs. employee power?
12% is the total turnover rate and 8% is the voluntary turnover rate in 2026, which is indicative of a cool labor market where power lies with employers.
How many organizations are feeling tension between paying employees fairly and controlling what they spend on compensation?
44% of organizations say they are experiencing increased tension between ensuring fair pay and optimizing spending on compensation in current market conditions.
What share of organizations admit their pay isn't competitive with the external job market, and what does that risk look like?
27% of organizations say that their pay is not competitive to the external job market, meaning that employees could get paid more by leaving for an open position.
