A new survey has highlighted the improvement of employee retention at Tampa jobs.

Results are mixed for Florida’s employers: a new study by Effective Resources, Inc., a leading human resources consulting firm, reports that the state’s employers are reporting a lower monthly employee turnover rate as compared to last year, while a lesser number are planning merit increases.

The 2011 – 2012 State of Florida Salary, Wage and Benefits Survey from Effective Resources, Inc., encompasses data from 181 Florida employers who represent over 822,000 employees nationwide and nearly 135,000 employees in Florida alone.

Among the findings of the 2011 – 2012 survey of Florida’s employers:

The average monthly employee turnover rate for Florida is 2.0 percent-an slight improvement over last year’s 2.1 percent and continues the positive turnover trend in recent years. In the past, Florida’s average monthly turnover rate rose by one-tenth of one percent each year for several years in a row.

The Not-for-Profit sector experienced the highest turnover at 3.9 percent, followed by Services (Business/Consumer) with 2.5 percent turnover.

64.6 percent of Florida employers are planning merit increases next year, which is 17.6 percent fewer than last year. For those who are granting increases, the state’s overall merit increase is projected to be 2.9 percent, a bit higher than last year’s 2.8 percent projected increase.

76.3 percent of Florida’s employers report a rise in their medical insurance premiums this year of 10 percent or less (versus 61.4 percent last year), while 23.7 percent report a rise of 11 percent or more (versus 38.6 percent last year).

In addition to sharing its statewide survey findings, Effective Resources, Inc. is sharing regional findings for Tampa Bay, South Florida, Northeast Florida, the Gulf Coast, and Central Florida.

The 2011 -2012 State of Florida Salary, Wage and Benefits Survey findings are broken out by a number of useful categories including industry, region, company size by employees, and company size by sales/assets. There are wage and salary data for 325 jobs in a variety of industry sectors including Banking, Finance & Insurance, Government/Education, Healthcare, Hospitality, Manufacturing/Distribution, Sales (retail/wholesale), Services (business/consumer), and more. In addition, there is extensive benefits reportage with details for medical premium increases, life insurance and disability plans, medical out-of-pocket costs, 401(k) matching, vacation and sick time, and other issues of importance for today’s employers.

The survey also breaks down the state of turnover at Florida jobs in general.

This entry was posted on Sunday, October 23rd, 2011 at 6:14 pm and is filed under Jobs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.