Retail Employee Turnover Increasing, Study Finds

Management consulting firm Hay Group reported yesterday that employee turnover levels in the retail industry are on the rise. According to a new survey from Hay Group, an improving job market and solid first-quarter sales are impacting turnover. Retailers report a median turnover rate of 67 percent for part-time store workers, a 33 percent increase over 2011. One in five retailers report that they've experienced more turnover in the first part of 2012.