The impact of COVID-19 has rendered job prospects less attainable and forced us to become loyal to our particular industries, at least for the time being. In fact, recent ONS data reveals that 90.9% of Brits remain in the same job each year.
But which sectors are the most loyal? New research from SavoyStewart.co.uk can now reveal all. By using data collected from the Office for National Statistics on the percentage of employees within each industry who have left after two years, they can reveal extraterritorial (a.k.a. international – for instance a UN representative, political affairs officer, etc.) organisations have the least loyal workforce. Just under half (45.9%) of employees left for another line of work within 2 years.
|
|
Industry |
% of employees leaving (within 2 years) |
|
1 |
Extraterritorial (International) Organisations |
45.9% |
|
=2 |
Mining and Quarrying |
28.8% |
|
3 |
Electricity, Gas, Air Conditioning Supply |
28.2% |
|
4 |
Arts, Entertainment, and Recreation |
25.9% |
|
5 |
Admin and Support Services |
25.2% |
|
6 |
Real Estate Activities |
24.4% |
|
7 |
Professional, Scientific, and Technical Activities |
23.6% |
|
8 |
Public Admin and Defence |
19.5% |
|
9 |
Agriculture, Forestry, and Fishing |
18.7% |
|
10 |
Manufacturing |
18.5% |
In joint second place with 28.8% of employees leaving for another industry is mining and quarrying alongside other service activities. The relatively lower pay these sectors offer makes it understandable that employees are looking to leave.
In a close third with a turnover percentage of 28.2% is electricity, gas, and air conditioning supply. As an industry with a short career ladder and few opportunities to progress, it is most likely that employees leave for another industry in order to advance.
Employees in arts, entertainment, and recreations come in fourth, with 25.9% of its workforce leaving for another sector. Given the incredible competitiveness of this industry, the high turnover rate is explained. As the industry recovers from the pandemic’s effects, will its loyalty experience another boom?
Rounding out the top five is the industry of admin and support services with 25.2% of employees seeking a new field. Given the wealth of transferrable skills this industry offers, moving on to another field is an option for many.
Those in Education are the MOST loyal
SavoyStewart.co.uk also surprisingly revealed that coming in first with the most loyal workforce is the education industry (i.e. teachers, lecturers). With only 7.2% leaving the field for another, it appears those who signed up to shape the developing years of children across the country are dedicated to see it through – surprising, considering the controversy around fair pay and treatment for teachers and teaching assistants.
In second, with only 10.1% of employees leaving the industry, is health and social work. The unique combination of patient care and providing medical services has employees dedicated to this industry – even through the COVID-19 pandemic.
Other industries of interest include finance and insurance with just a 13.8% turnover, health and social work at an impressive 10.1% and retail at 17.8%.
Methodology:
- SavoyStewart.co.uk sought to determine the industries with the most loyal employees.
- Utilising the most recent data collected by the Office for National Statistics in a study on Employee Turnover Levels and Rates by Industry, SavoyStewart.co.uk determined a loyalty score.
- The percentage of employees that left the industry was then calculated from the supplied data.
- The final percentages for each industry were then ranked in descending order.