EMPLOYEE TURNOVER
As mentioned in the Culture chapter, retaining top-tier talent is a priority for KOF, which is why we have worked on offering our employees a flexible benefits program, an optimal and inclusive work environment, and competitive remuneration. To keep track on the effectiveness of our initiatives and in our effort to consistently optimize them, we track our employee turnover rate, which can help spot any areas of improvement and make sure that our employees desire to remain with the company.
| Turnover by Country | Involuntary | Voluntary |
|---|---|---|
| Argentina | 8.23% | 5.33% |
| Brazil | 13.71% | 6.38% |
| Colombia | 5.69% | 8.37% |
| Costa Rica | 6.39% | 11.49% |
| Guatemala | 116.73% | 3.39% |
| Mexico | 17.70% | 12.09% |
| Nicaragua | 2.54% | 9.24% |
| Panama | 5.16% | 1.19% |
| Uruguay | 11.66% | 9.61% |
| Total KOF | 19.10% | 9.65% |
| Turnover Women | Involuntary | Voluntary |
|---|---|---|
| Argentina | 7.33% | 17.09% |
| Brazil | 12.48% | 9.85% |
| Colombia | 6.79% | 11.60% |
| Costa Rica | 6.39% | 11.80% |
| Guatemala | 15.56% | 9.43% |
| Mexico | 13.04% | 14.74% |
| Nicaragua | 3.99% | 12.97% |
| Panama | 4.35% | 4.35% |
| Uruguay | 18.38% | 19.04% |
| Total KOF | 12.00% | 12.72% |
| Turnover Men | Involuntary | Voluntary |
|---|---|---|
| Argentina | 8.36% | 3.69% |
| Brazil | 13.95% | 5.69% |
| Colombia | 5.28% | 7.20% |
| Costa Rica | 6.39% | 11.43% |
| Guatemala | 124.48% | 2.92% |
| Mexico | 18.30% | 11.75% |
| Nicaragua | 2.32% | 8.66% |
| Panama | 5.25% | 0.87% |
| Uruguay | 9.53% | 6.63% |
| Total KOF | 20.20% | 9.17% |
| Involuntary Turnover by age group | 30 or less | 30-50 | 50+ |
|---|---|---|---|
| Argentina | 18.40% | 5.81% | 3.74% |
| Brazil | 15.40% | 13.26% | 9.57% |
| Colombia | 7.61% | 5.51% | 2.87% |
| Costa Rica | 9.09% | 5.52% | 4.32% |
| Guatemala | 268.82% | 69.01% | 25.67% |
| Mexico | 25.44% | 11.61% | 10.17% |
| Nicaragua | 5.28% | 2.37% | 0.00% |
| Panama | 9.66% | 3.65% | 5.58% |
| Uruguay | 27.70% | 10.84% | 1.18% |
| Total | 28.67% | 13.67% | 9.35% |
| Voluntary Turnover by age group | 30 or less | 30-50 | 50+ |
|---|---|---|---|
| Argentina | 15.14% | 3.23% | 0.23% |
| Brazil | 9.13% | 5.45% | 1.44% |
| Colombia | 15.32% | 7.12% | 0.00% |
| Costa Rica | 18.48% | 10.01% | 0.86% |
| Guatemala | 4.36% | 2.84% | 3.80% |
| Mexico | 20.09% | 6.08% | 1.41% |
| Nicaragua | 12.82% | 9.47% | 3.73% |
| Panama | 2.32% | 1.10% | 0.00% |
| Uruguay | 26.44% | 8.08% | 2.36% |
| Total | 16.76% | 5.75% | 1.37% |