
A company's size, growth rate, and industry can affect the migration patterns of its salespeople. So can management's attitude. Companies experiencing high turnover were defeatist: "Competitors targeted our sales force" . . . "slow year" . . . "stagnant sales force." But companies with low turnover were assertive: "Excellent products and after-sales support" . . . "partially employee-owned" . . . "above-average training."
Annual company revenues | 1993 turnover |
Less than $5 million | 21.4% |
$5 millionÑ$25 million | 15.4% |
$25 millionÑ$100 million | 11.2% |
$100 millionÑ$250 million | 19.4% |
More than $250 million | 16.5% |
Overall | 15.8% |
Note: The causes of turnover, in descending order of frequency, were resignation, retirement, restructuring, and termination.
Source: "Dartnell's Sales Force Compensation Survey," based on more than 550 companies in 38 industries, the Dartnell Corp., Chicago, October 1994.
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Dec 1, 1994