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Analysis

Promotions Play a Key Role in Employee Turnover

A new report from ADP Research Institute takes a close look at how pay and promotions relate to retention.

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Workers who get passed over for a promotion while a team member advances are more apt to quit than workers where no promotion occurs, according to The ADP Research Institute’s 2019 State of the Workforce Report: Pay, Promotions and Retention.

The inaugural benchmarking report, for pay and promotion practices among employers with 50 or more workers, found that teams where a promotion occurs experience a turnover rate of 13.3 percent, while teams without a promotion have 12.3 percent turnover.

“Employers should consider the effect of promoting individual team members and the retention strategy for key team players,” the authors write.

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