Before benchmarking employee turnover with HR peers, align the exit definition, time period, denominator and workforce covered. Then use the comparison to frame a question, not to rank employers or copy a retention initiative. Combine peer experience with your own records, employee perspectives and relevant research before deciding what to change.
Three things to take with you.
- A percentage is not comparable until its definition and population are clear.
- A peer discussion can suggest explanations; it cannot establish what caused a difference.
- Leave with one evidence gap to investigate, not an unsupported retention target.
Start with the decision behind the number
An HR leader asks a peer group whether their turnover is too high. Before answering, ask what decision the comparison is meant to inform. Are they deciding where to investigate departures, whether a recent change deserves closer review, or how to explain a pattern to the leadership team? Each question needs different evidence.
A benchmark can help locate a question, but it does not supply the answer to every retention problem. Even a correctly matched comparison cannot tell you why someone left, whether a particular departure was avoidable or which intervention would help. Keep the conversation close to a decision you can actually make.
This SOA guide is for preparing and facilitating an HR peer discussion. It is not a regional turnover survey, a recommended turnover target or a report of what members said at an SOA gathering. The checklist and worked example are original editorial tools.
Read the definition before borrowing the benchmark
Singapore’s Ministry of Manpower defines the average monthly resignation rate during a quarter using the average number of people resigning per month in that quarter, divided by the establishment’s average employee count. Its annual figures average the quarterly figures. An annual average of monthly rates is not the same measure as all resignations over a year divided by average headcount.
MOM’s coverage notes also matter: the Labour Market Survey covers private establishments with at least 25 employees and, since 2006, the public sector. Do not assume that a published aggregate describes a small employer, a particular professional group or a regional workforce spanning several countries.
Use the relevant table’s own notes for the series, population and any seasonal adjustment. This guide does not reproduce a current market rate: its purpose is to help you choose and interpret an appropriate comparison. For a discussion outside Singapore, check that market’s source and definitions rather than treating the Singapore measure as an Asia-wide standard.
Source context: MOM — Labour Turnover: Concepts and Definitions · MOM — Labour Turnover: Source and Coverage
Bring a comparison card, not just a percentage
Prepare the following fields before a peer discussion. You do not need to circulate confidential numbers to discuss how a measure is constructed. A blank field is useful information: it shows where a comparison is not yet ready.
Ask peers to describe their definitions in ordinary language. Similar labels in two dashboards may conceal different inclusion rules. If you cannot align the measures from information you are authorised to use, keep the comparison qualitative and say why.
| Field | Clarify before comparing | Why the distinction matters |
|---|---|---|
| Exits counted | Voluntary resignations, all departures, or another specified category? | An all-exit measure and a resignation-only measure answer different questions. |
| Time basis | Which dates? Monthly average, cumulative quarter, year-to-date or full year? | The same percentage over different periods is not the same rate. |
| Denominator | Which employee count and averaging method are used? | Growth, contraction and averaging choices can change the comparison. |
| People covered | Which country, entity, role group and employment arrangements? | A company-wide average can conceal a different pattern within one group. |
| Departure rules | How are transfers, contract endings and repeat departures handled? | The counting rules determine what the number actually represents. |
| Source and treatment | What is the source, reference period, revision date and adjustment status? | A published adjusted series and a raw internal rate need careful interpretation. |
A worked example: when 3% does not mean the same thing
Illustrative arithmetic, not real company data: Employer A records six voluntary resignations over a complete year and an average headcount of 200. It reports a cumulative annual resignation measure of 6 ÷ 200 × 100 = 3%. Employer B records an average of six resignations per month during a quarter, also against an average headcount of 200. It reports an average monthly rate of 6 ÷ 200 × 100 = 3% for that quarter.
Both calculations produce 3%, but the periods differ. They cannot be placed side by side as equivalent annual outcomes. Neither number, on its own, establishes the proportion of the people employed on the first day who remained at the end: people may join and leave within the period.
Do not fix the mismatch by casually relabelling a monthly rate as annual. Return to the underlying definitions and authorised records, choose a common basis and document the calculation. If the required information is unavailable, say that the rates are not comparable rather than creating a precise-looking estimate.
Ask peers about conditions, not just the winning initiative
Once the measures align, explore what else differs. A peer may describe lower turnover after introducing a new practice. That sequence is a useful lead, not proof that the practice caused the change. Ask what happened at the same time and which employees the account describes.
For a cross-border HR community, begin with country and workforce scope, then ask about the work itself. Do not assume that a shared industry or an Asia headquarters makes two organisations interchangeable. A headquarters team, a shift-based operation and a project workforce may need different questions even within the same company.
| Instead of asking | Try this question |
|---|---|
| What is your turnover target? | What problem were you trying to understand, and which group did you examine? |
| Which retention programme worked? | What changed, what else changed at the same time, and how did you assess it? |
| Why are your numbers better? | Are we using the same exit definition and time basis? |
| Can we copy your approach? | Which conditions would need to hold for this to make sense in our setting? |
| Does everyone in the sector do this? | What evidence extends beyond the organisations represented in this room? |
Bring the conversation back to your own evidence
CIPD’s evidence-based HR guide, dated 23 May 2025, recommends drawing on professional expertise, scientific research, organisational evidence and stakeholder perspectives. It also emphasises judging whether evidence fits the context. This is professional guidance, not a study showing that SOA’s discussion worksheet produces a particular outcome.
Apply that distinction after the peer discussion. First, check whether your own records support the pattern you thought you saw. Then ask what employee perspectives and relevant research might support or challenge a proposed explanation. Keep competing explanations visible instead of selecting only material that agrees with the most persuasive person in the room.
For example, if a peer’s experience suggests that role expectations deserve investigation, review your own appropriate evidence about that issue. Do not announce that unclear expectations caused your departures simply because the story sounded familiar. A useful next step may be a better question for an existing listening channel, not a new programme.
Source context: CIPD — Evidence-based HR: Make better decisions and step up your influence
Protect the conversation while preserving context
Check your organisation’s permissions and the host’s sharing rules before bringing material into the room. Do not circulate employee-level records, identifiable exit comments or commercially sensitive information. Removing names may not be enough when a small team, distinctive role or departure date makes someone recognisable.
A useful discussion can work with public source definitions, a clearly fictional example or a high-level question. Do not pressure peers to disclose data to participate. Avoid recording, transcription or uploads to AI tools unless the information, participants’ permissions and applicable policies allow them.
Do not turn an informal peer circle into a pooled competitor database or a negotiation of employment terms. If a formal benchmarking exercise is needed, use an approved process with appropriate specialist review. This article is a discussion guide, not privacy or competition-law advice.
Leave with one testable question
Before leaving, write a short decision note: what you can compare, what remains uncertain, which explanation deserves investigation and who will check it. Set a review point appropriate to the evidence you need. A discussion is productive when it improves the next decision, not when every participant leaves with the same solution.
When briefing colleagues afterwards, distinguish the official source, the peer’s account and your interpretation. Do not describe a handful of conversations as an industry norm or a regional finding. If the evidence does not support a conclusion, report the gap plainly.
- Our decision: what do we need to decide, and why now?
- Our comparison: which definitions and populations genuinely align?
- Our uncertainty: what information is missing or contradictory?
- Our next step: what will we investigate, who owns it and when will we review it?
HR peer benchmarking discussion worksheet
An editable preparation sheet for comparing definitions and framing an evidence question. Use public or appropriately authorised information only; it is not a data-collection request or validated assessment. Download an editable text worksheet—no email required.
Download worksheet (.txt) ↓Opens in any text editor. You can also print this guide.A little more clarity.
Can I compare our annual turnover with MOM’s resignation rate?
Not directly unless the definitions, time basis, workforce scope and calculation are aligned. MOM’s average monthly resignation measure is different from a cumulative annual exit measure. Check the notes for the exact series before interpreting any gap.
What is a good employee turnover rate in Singapore or Asia?
This guide does not prescribe a universal rate. First identify the decision, exit definition, period and workforce involved. A relevant external comparison can provide context, but it does not determine the right target or explanation for your organisation.
Can a peer’s successful retention initiative prove what we should do?
No. Treat their account as a source of questions and possible explanations. Assess your own evidence, context and affected employees’ perspectives before deciding whether any action is appropriate.
What can I bring if I cannot share company data?
Bring public definitions, a clearly labelled fictional example or a high-level decision question. You can discuss comparability and assumptions without disclosing employee records or confidential business information.
Sources & editorial notes
Original SOA editorial guide published 19 October 2026. The comparison card, discussion prompts and arithmetic example are illustrative tools, not survey findings, company results or event recaps. The artwork is conceptual, not a data chart. This guide does not establish a turnover target or provide legal advice.
- MOM — Labour Turnover: Concepts and Definitions ↗
Official Singapore definitions of average monthly recruitment and resignation rates. Reviewed 19 October 2026; no current market rate is quoted in this guide.
- MOM — Labour Turnover: Source and Coverage ↗
Official Labour Market Survey coverage. Read with the notes of the specific table you use; Singapore coverage is not an Asia-wide benchmark. Reviewed 19 October 2026.
- CIPD — Evidence-based HR: Make better decisions and step up your influence ↗
Professional guidance dated 23 May 2025 on evidence sources and context. Not an evaluation of SOA’s framework. Reviewed 19 October 2026.
Published by Stories of Asia. How we work with sources and corrections ↗
Take a clearer question into the room.
Use SOA’s roundtable agenda to structure a peer conversation around your decision, the evidence gap and the next useful step.
Plan a focused HR roundtable ↗