Turnover Among College Graduates

The study of 102 organizations by Compensation Resources asked, “With regard to college graduates hired in the past three years, what is your company’s average total turnover (voluntary and involuntary) among this group?”

0% - 15% Turnover                             72.6%
16% - 30% Turnover                           17.9%
31% - 50% Turnover                           5.3%
51% or more turnover                         4.2%

“Stretched civil engineering firms are embroiled in an expensive talent war, while infiltrating college campuses in search of up-and-comers.  ‘It’s the booming economy.  It’s the aging infrastructure.  It’s potholes.  It’s everything,’ said Jim Nau, associate head for undergraduate programs in N.C. State University’s Department of Civil, Construction and Environmental Engineering.

To fill the ranks, they’re poaching from each other, sparking salary wars as firms try to keep their workers.  Average annual salaries for civil engineering jobs in the North Carolina Triangle area spiked 25 percent to $50,451 in 2006.  Salaries had climbed an average of just 4 percent annually over the previous decade.  At trade association meetings, executives chat up engineers from other companies, probing for clues as to who might be willing to jump ship.  They’re scouring states where the housing slump has led to a glut of engineers.”