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By Staff Report
Jun. 2, 2005
TURNOVER AT THE “BEST COMPANIES TO WORK FOR” | |
Fortune includes voluntary turnover rates as a metric in its annual “Best Companies to Work For” list, but rates vary widely, even among companies in the same industry. Among grocery retailers, for example, voluntary turnover at Wegmans is just 6 percent, compared with 32 percent at Whole Foods. | |
Voluntary turnover rates at top 20 companies on Fortune’s 2005 | |
1. Wegmans Food Markets | 6% |
2. Starbucks | 12 |
3. Valero Energy | 29 |
4. Cisco Systems | 3 |
5. Whole Foods Market | 32 |
6. Baptist Health S. Florida | 7 |
7. Amgen | 5 |
8. Goldman Sachs | 11 |
9. American Express | 14 |
10. Synovus Financial | 14 |
11. Four Seasons Hotels | 16 |
12. Station Casinos | 14 |
13. A.G. Edwards | 9 |
14. Microsoft | 5 |
15. General Mills | 4 |
16. Principal Financial Group | 8 |
17. Marriott International | 18 |
18. Procter & Gamble | 7 |
19. First Horizon National | 16 |
20. Medtronic | 6 |
Source: Fortune, January 24, 2005 |
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