Employee Retention Rate

Definition: Employee Retention Rate refers to the percentage of employees who remain with a company over a specified period.

This metric is a key indicator of an organization's ability to retain its workforce and is typically calculated by dividing the number of employees who stayed throughout the period by the number of employees at the start of the period, then multiplying by 100 to get a percentage.

Importance:

Understanding and maintaining a high Employee Retention Rate is crucial for several reasons.

Strategies for Improvement:

Improving Employee Retention Rate involves several strategic initiatives.

Other Terms:

Employee Burnout  |  Employee Monitoring  |  Employee Performance Tracker  |  Employee Experience  |  Employee Turnover Rate  |  Employee Moonlighting  |  Employee Tracking App  |  Employee Training  |  Estimated Effort  |  Employee Attendance  |  Employee Attrition  |  Employee Management  |  Eisenhower Matrix  |  Employee Timekeeping System  |  Employee Satisfaction  |  Employee Motivation  |  Experience Analytics  |  Employee Time Tracking  |  Expected Total Productive Hrs  |  Employee Onboarding  |  Employee Activity  |  Employee Communication  |  Effort Variance  |  Executive Management  |  Efficiency Management  |  Employee Location Tracking  |  Employee Engagement  |  Employee Behavior  |  Employee Absence  |  Earned Value Management  |  Employee Evaluation  |  Employee Retention  |  Employee Work Management  |  Employee Availability  |  Employee Dashboard  |  Employee Productivity  |  

Ready to Get Full Visibility Into your Operations?

Ready to discover smooth and seamless product

Start 14 Day Trial Now
Contact Us