TALENT ACQUISITION AND RETENTION
New Hires
CDL made 82 new hires in 2019, a decrease of new hire rate by 9.9%. Out of these 82, 74 were replacements for existing positions and 8 were for newly-created positions.
EMPLOYEE DEMOGRAPHICS – NEW HIRES
Employee Retention
CDL takes pride that our successful employee engagement is evident from our employees’ length of service. The average tenure of our employees is about 8.5 years and more than 50% of our employees have been with CDL for more than five years. Our employee resignation rate of 16.1% continued to remain significantly lower than the national average of 21.6% in 2019. CDL experienced an involuntary turnover rate of about 3.8%, of which 1.0% is due to retirement.
EMPLOYEE RESIGNATION RATE (%)
