Express Employment Professionals’ America Employed and Canada Employed series explore the state of employment in North America, including everything from hiring expectations and HR challenges to job seekers’ optimism and shrinking the skills gap. Learn about the latest insights uncovered in a recent Express Employment Professionals-Harris Poll survey.
As mid-2025 nears, companies are prioritizing both hiring for strategic growth and preparing for potential employee turnover. This anticipated shift is fueled by a competitive job market, changing employee expectations, and ongoing economic uncertainty. Companies recognize that proactively attracting and retaining talent is crucial for sustained success.
U.S. hiring managers report the most common reasons for increased employee turnover include:
- More appealing company cultures elsewhere (24%)
- Better pay and benefits offered elsewhere (34%)
- Employees voluntarily resigning (32%)
- Increased workplace demands (29%)
- Employee retirements (26%)
Canadian hiring managers (28%) say they expect turnover at their company to increase this year.
The financial burden of turnover is especially pronounced in larger organizations. Among those who report annual turnover costs of $100,000 or more:
- 34% of companies with at least 500 employees
- 6% of companies with 10–99 employees
- 4% of companies with 2–9 employees
Read more about the latest employment insights in America Employed at ExpressPros.com and Canada Employed at ExpressPros.ca.
Last Updated on June 20, 2025
