Daily Investor reports that a recent study revealed that Nedbank has the highest staff retention rate in SA, with most employees staying at the company for over a decade.
Moorepay, the United Kingdom’s largest payroll company, sourced median employee tenures from LinkedIn company profiles of over 3,100 major companies worldwide to determine which have the highest retention rates. In SA, Nedbank emerged as the company with the longest employee retention rate of 11.3 years. Yet, according to Nedbank Group Executive of Human Resources Deb Fuller, as of October 2025 the company had a median tenure of 11.7 years, even higher than the rate reported by Moorepay. The company’s turnover rate is currently 7.2%, down from 8% in December 2024.
“Nedbank’s retention success is no accident; it’s the result of a culture where purpose, belonging, and growth are real and lived every day. Our people stay because they find meaning, opportunity, and support in our organisation,” Fuller said. She added that, while retaining employees was a priority, the bank was also consistently looking to bring in new talent. Moorepay is not the only institution which has shed a positive light on Nedbank as an employer. The bank was also included in the 2025 Forbes World’s Best Employers list – fifth in financial services globally and second in SA.
- Read the full original of the report in the above regard by Kirsten Minnaar at Daily Investor
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