Why is the Turnover Rate Among CRO Employees So High?
Published: Mar 29, 2013
As the contract research organization readies for a rebound this year, many CROs may find their trusted employees are getting ready to walk out the door. These companies are experiencing “dramatically” higher turnover rates compared with other industries, thanks to a hot job market in the CRO sector, according to a new survey. Specifically, the turnover rate among CROs last year was 12.5 percent compared with a 1.5 percent national turnover rate.